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HomeMy WebLinkAboutResolution No. 355WHEREAS, A Regional ia' # for # # (ARCH) was created by interlocal agreement to help coordinate the efforts of Eastside cities to provide affordable housing; and hereinafter described; an#; . WHEREAS the City Council on March 8, 2010 has approved the Amended anif Restated Interlocai Agreement for ARCH; and CouncilWHEREAS, the City desires# use ++l 990 fromfunds designated below to: finance the projects recommended by the ARCH Executive Board; therefore, THE CITY COUNCIL OF THE CITY OF MEDINA, WASHINGTON, DOES RESOLVE AS FOLLOWS - Section# # duly -appointed administering .f` of ARCH pursuant to the Amended and Restated Interlocal Agreement for ARCH to execute all documents # take all necessary actionsto enter into Agreements on amountbehalf of the City to ARCH South Kirkland Transit Oriented Development in an not to exceed $7,892, and to fund The Sophia Way — Sophia's Place in an amount not to exceed °'a' Section 2. The Agreements entered into pursuant to Section 1 of this resolution shall be funded in a combined amount not to exceed that set forth in Section 1. Such Agreements i and conditions tofunds administering agency of ARCH shall be guided by the recommendations set forth in the ARCH Executive Board's memorandum of December 9, 2011, a copy of which is attached hereto as Exhibit A. PASSED by the City Council on this 12 day of March, 2012, and signed i authentication of its passage this 12 day of March, 2012. 1 Bruce Disend. sty Atttom ey Michael Luis, Mayor Attest: 4Rahel Baler, City Clerk