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HomeMy WebLinkAbout82A-06 - Res. Interlocal Agreement with City of Shelton for Administering Surcharge Funds from SHB 2060After recording, .return to: v ason County Comrnosso [F SH le Ps PSOJJTE R ATL O K •. G rWL N FOR u H IE Pu ues E UrE7L'EUTIE AS A N 82A—O6 u`u RESULT J 'J as LT ivy ERE lb SC S®? L®M_ SURCH 72060 ,ru v7 AND D 71=ELLE CC to �'! FUM This is agreement is entered into between Mason County, bereinaE ter "COUNTY", a. d the City of Shel tor, hereinafter "CITY", Y°°, for the purpose of creat i .g an i nten loca cooperatao l agreement, per RCW 39.34, ror the use of funds created through the sircnarge for specified documents recorded through Mason County Auditor's office to fL housing rograms for extremely low and ve, low income persons, using �L® guidelines, 'throughout Mason Countis WHEREAS, the Washington State _egisiatu --e passed Substitute House Bit t 2060 (SHB 2060) during the 57th Legislative Session and Governor Locke signed the bill on April 2, 2002; and WHEREAS, this bill authorizes a surcharge on specified documents recorded through the County Auditor's office 'or the purpose of providing funds for housing programs for extremely low and very low income persons with incomes at or below 50% of the area median income; and WHEREAS, the COUNTY and the an recognize that housing affordability, r low and extremely low income persons is a serious problem in Mason Cuntya NOW, THEREFORE, in consideration of the mutual housing benefits for extremely low income and very low-income persons living throughout the entire Mason County area, the COUNTY and CITY agree as follows A. The purpose of this agreement shall be to provide for the administration and expenditure of revenue generated from the recording surcharge authorized under provisions of SHB 20600 Be Mason County shall administer the expenditure of said funds° Co nds shall be expressly used only for purposes a thorized by SHB 2060, specifically: 1. Acquisition, construction, or rehabilitation of housing prosects or units within housing projects that are affordable to very low i - co e persons with incomes at or below fifty percent of the area median income; 2a Supportin.g bui ding operation and maintenance costs of housing projects r units within housing projects but with housing trust funds, Lhat are affordable to very w incor ie persons with incomes at or oelow fifty percent of she area median income, and that require a su Dplement to rent income to cover ongoing ooeratirtg expe lses; Rental assistance voucher7s for housing pro ects or u -fits withir housing projects that are affordable to very low income persons with incomes at or below nny percent of the area median income, to be administe -ed by a local ipL blic housing authority or other local Resolution No. 8 2 A— 0 6 Interlocal Agreement with City of S Page 2 of 2 elcon organizaeior tnas has an existing rental assistance voucher program, consistent wit United State Department of ,dousing and Jrban Development's Section 8 renca assistance voucher program standards; and 4. Operating costs for emergency shelters and licensed overnight youth shelters. Do V son County shall solicit proposals for projects wMch address the above purposes. F. Mason County shall invite the Mason County Housorg Coalition and t the resjits of proposals received by the CO N1Yo Fa Prior to approving any proposal t soliciting public comment on said e COUNTY will coil proposal° duct a b is e CIT'( v iL ne :o comment on t�eeting for the purpose of G. The proposals rust demonstrate: A need, i lc .Kling co isistency with CUL1Y and/or CITY Cororehensive 'plans; financial feasibility; and that the applicant Fos the capacity to complete the project. Preference will be given to projects that create raw capacit la This agreement shall continue in force and may be terminated by either party upon Nay (30) days advance written notice to the other party. �i WITNESS THERE Fthe day o ` A�cu List, 2006. C:ry 0 S H E .TO N nde 3 ohn Tarrant, Mayo ATTEST: C erk pproved as to form: Croy Attorney signed parties have executed this agreemen .,:\CONTRACT\Interlocal with Shelton FIB2060odoc on this 8th BOARD OF MASON CCU\ COMMISSIONERS du-) kAr -Y n�a Ring Erickson' Chair L) #' y�Cal Odxx�, tT' �o Tim Sheldon, Co N•49 ((sue/ �"/ ���"' tii 4 i (11 AT W Jay�i Khmin, ATTEST: C issioner Cojnrriissioner pproved as to form: e-so 17 ep Prosecuting Attorney