5/5/2022 1:19:26 AM
5/4/2022 4:05:09 PM
AUTHORIZING THE CITY OF ANACORTES TO ENTER INTO A SECTION 108-LOAN AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
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DocuSign Envelope ID:32D9EDFD-C6F2-4F06-8E68-A55FB4CE26DE <br /> RESOLUTION NO. 3084 <br /> A RESOLUTION AUTHORIZING THE CITY OF ANACORTES TO ENTER INTO A <br /> SECTION 108-LOAN AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING <br /> AND URBAN DEVELOPMENT <br /> WHEREAS, the City recognizes a need to support low-income housing development within <br /> Anacortes. <br /> WHEREAS, the Anacortes Family Center is developing the Landing Apartment Complex, <br /> consisting of 21 low-income apartments. <br /> WHEREAS, the Anacortes Family Center has requested additional financial assistance. <br /> WHEREAS, the City of Anacortes Council has approved the application of the HUD Section- <br /> 108 Loan to assist the Anacortes Family Center's construction of the Landing Apartment <br /> Complex. <br /> NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Anacortes, <br /> Washington,that the City of Anacortes is authorized to enter into this Section-108 loan agreement <br /> with the U.S. Department of Housing and Urban Development. <br /> INTRODUCED, PASSED and APPROVED BY THE CITY COUNCIL OF THE CITY OF <br /> ANACORTES on this 2nd day of May 2022. <br /> CITY OF ANACORTES: <br /> BY: / C <br /> MATT MILLER, MAYOR <br /> ATTEST: <br /> /6 )) ii___ <br /> Steven D. Hoglund <br /> City Clerk Treasurer <br /> APPROVED AS TO FORM: <br /> Darcy J. Swetnam, WSBA#40530 <br /> City Attorney <br /> Resolution 3084 <br />
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