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INTERLOCAL COOPERATION AGREEMENT BETWEEN JEFFERSON <br />COUNTY, THE CITY OF PORT TOWNSEND, AND OLYMPIC COMMUNITY <br />ACTION PROGRAMS FOR THE PURPOSE OF ADMINISTERING <br />SURCHARGE FUNDS GENERATED AS A RESULT OF SHB 2060. <br />This agreement is entered into between Jefferson County, the City of Port Townsend, and <br />Olympic Community Action Programs for the purpose of insuring proper use of funds <br />created through the surcharge of ten dollars for each document recorded through the <br />County Auditor's office to fund housing programs for extremely low income and very <br />low income persons throughout Jefferson County. <br />WHEREAS, the Washington State Legislature passed Substitute House Bill 2060 during <br />the 57th Legislative Session and Governor Locke signed the bill on April 2, 2002; and, <br />WHEREAS, this bill authorizes a ten dollar surcharge on documents recorded through <br />the County Auditor's office for the purpose of providing funds for housing programs for <br />extremely low and very low income persons; and, <br />WHEREAS, McKinney funds, Emergency Shelter Assistance Program funds, <br />Emergency Shelter Grant Program funds, Housing Trust Fund grants, and Community <br />Development Block Grant Housing Rehabilitation have either been cut back or require <br />matching funds; and, <br />WHEREAS, Olympic Community Action Programs currently serves as the lead agency <br />for shelter service funds, lead agency for Continuum -of -Care McKinney Funds, and as <br />the administering agency for related housing funding, <br />NOW THEREFORE, in consideration of the mutual housing benefits for extremely low <br />income and very low-income persons living throughout the entire Jefferson County area, <br />the above partners agree as follows: <br />A. The purpose of this agreement shall be to provide for the administration and <br />expenditure of revenue generated from the recording surcharge authorized under <br />the provisions of Substitute House Bill 2060. <br />B. That portion of the revenue generated from the surcharge that is allocable to very <br />low income housing needs within Jefferson County shall be collected by the <br />Jefferson County Auditor and held in a single Fund by the Jefferson County <br />Treasurer, to be drawn upon the administering agency designed below, for use as <br />provided under the terms of this agreement. <br />C. Olympic Community Action Programs, a non-profit, Washington corporation <br />having its principal offices at 24 Seton Road, Port Townsend, Washington, is <br />designated as the administering agency for the administration and expenditure of <br />the funds collected from the recording surcharge, to be used for the following <br />purposes: <br />a <br />