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CC RESO 1397 (012120) ARCH Work Program and Admin BudgetRESOLUTION NO. 1397 (2020) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BOTHELL, WASHINGTON AUTHORIZING CITY CONTRIBUTIONS TO THE ARCH ADMINISTRATIVE BUDGET AND HOUSING TRUST FUND UTILIZING FUNDS FROM THE CITY'S GENERAL FUND. WHEREAS, A Regional Coalition for Housing (ARCH) was created by interlocal agreement to help coordinate the efforts of Eastside cities to provide affordable housing; and WHEREAS, the City of Bothell desires to participate in the funding of affordable housing projects and programs administered by ARCH; and WHEREAS, the ARCH Executive Board has developed a number of recommended conditions to ensure that the City's affordable housing funds are used for their intended purpose and that projects maintain their affordability over time; and WHEREAS, the City Council has approved per AB #10-55 on March 16, 2010, the Amended and Restated Interlocal Agreement for ARCH, which contains provisions relating to the approval of the ARCH budget and work plan by individual member agencies and relating to the housing trust fund; and WHEREAS, the City Council desires to use $89,384 from City funds as designated below for the ARCH administrative budget; and WHEREAS, the City Council desires to use $33,616 from City funds as designated below for the housing trust fund administered by ARCH. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BOTHELL, WASHINGTON, DOES RESOLVE AS FOLLOWS: Section 1. The 2020 A Regional Coalition for Housing (ARCH) Work Program and Administrative Budget are approved. Section 2. The City Council authorizes the payment of $89,384 to the ARCH administrative budget in 2020 based on the formula approved by the ARCH Executive Board. Section 3. The City Council authorizes the payment of $33,616 to the ARCH housing trust fund in 2020. Consistent with Section 12 of the Amended and Restated Interlocal Agreement for ARCH, the City's contributions to the housing trust fund may be released only upon, and in accordance with, the written direction of the City Council. Page 1 of 2 1397 (2020) Section 4. The City Clerk is authorized to make necessary corrections to this resolution including, but not limited to, the correction of scrivener's/clerical errors, references, resolution numbering, section/subsection numbers and any references thereto. PASSED this 21st day of January, 2020. APPROVED: LIAM OLSEN MAYOR ATTEST/AUTHENTICATED: UA`URA HATHAWAY CITY CLERK FILED WITH THE CITY CLERK: 01/16/2020 PASSED BY THE CITY COUNCIL: 01/21/2020 RESOLUTION NO.: 1397 (2020) Page 2 of 2 1397 (2020)