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64r RESOLUTION NO.64 A RESOLUTION OF THE CITY OF MOSES LAKE,WASHINGTON, AUTHORIZING THE MAYOR AMD CITY CLERK OF THE CITY OF MOSES LAKE TO EXECUTE THE NECESSARY DOCUMENTS TO ALLOW A TWENTY (20%)P CENT RENT INCREASE IN THE AGREEMENT WITH THE HOUSING AUTHORITY OF GRANT COUNTY, WASH .FOR THE MANAGEMENT OF MOSES LAKE VETERANS HOUSING PROJECT WASH-V-45402. -AS,the Project Management Plan,which is a part of the agreement with the Housing Authority of Grant County,Washing ton, for managing the Moses Lake Veterans Housing Project, known as WASH-V-45402,contains a rent schedule setting forth maximum rents as follows: 0 bedroom $21.50 2 bedroom 30.00 3 bedroom 33.00,and iiREAS,since the adoption of the agreement in 1946, there has been a drastic uoward revision of comparable rents in the area, and, /HEREAS,operating costs have risen about thirty (30)%oer cent in the last three years operation,and IREAS,the Public Housing Administration has recommended a rental increase of twenty (20%)per cent to coincide with a mandatory raise of twenty (20%)per cent in the adjacent Lanham Project; ,THEREFORE,BE IT RESOLVED by the Council of the City of Moses Lake, as follows: That the Project Management Plan of the operating agreement between the City of Moses Lake and the Housing Authority of Grant County,Washington,be amended to allow a twenty (20%)per cent rent increase and that the remainder of said agreement entered into in 1946 will remain in full force and effect. That the Mayor an.the City Clerk of the City of Moses Lake be and they are hereby authorized to execute the necessary documents to effect the foreaoino instrument. - 1 - UvJ ^J PASSED AND ADOPTED by the City Council of the City of Moses Lake this 30th day of October, 1951, said meeting being a continuation of a regular meeting.. .SUftJUk y Clerk ^^v^^Ax MAYOR - 2 -