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RES 2003-35 ACKNOWLEDGING IMPORTANCE OF ISLANDER MOBILE HOME PARKRESOLUTION NO. 2003-35 A RESOLUTION of the City of Bainbridge Island, Washington, acknowledging the importance of the Islander Mobile Home Park to the community, and pledging City support to the effort by Kitsap County Consolidated Housing Authority to acquire and maintain the mobile home park. WHEREAS, one of the overriding Goals of the City's Comprehensive Plan is to foster the diversity of the residents of the Island, its most precious resource; and WHEREAS, the overriding Goals also include providing a variety of housing choices for residents and providing affordable housing; and WHEREAS, the Islander Mobile Home Park, located on Madrona Way in downtown Winslow, is a well-established community that has provided affordable housing and contributed to the diversity of our community for over thirty years; and WHEREAS, policies in the Housing Element of the Comprehensive Plan and the Winslow Master Plan recognize the importance of the mobile home park and call for its preservation; and WHEREAS, the property was put on the market for sale, and if sold, could be converted to either commercial or market -rate multifamily use, and the mobile home park would thereby be lost; and WHEREAS, in recognition that the mobile home park is an irreplaceable source of affordable housing, the Kitsap County Consolidated Housing Authority has taken steps to purchase the property, using a variety of funding sources; and WHEREAS, the City desires to provide financial support to the Housing Authority in this worthy effort, and this local commitment will also assist the Housing Authority in procuring the necessary funding; and WHEREAS, the City has established a Housing Trust Fund to support affordable housing within the City of Bainbridge Island, and acquisition of the mobile home park is consistent with the purpose and mission of the Housing Trust Fund; and WHEREAS, the Housing Trust Fund Executive Committee unanimously endorses the use of Housing Trust Fund resources to support the acquisition of the Islander Mobile Home Park; now therefore THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLAND DOES RESOLVE AS FOLLOWS: Section 1. Over a three-year period, the Housing Trust Fund will provide up to $200,000 in support of the Kitsap County Consolidated Housing Authority's acquisition of the Islander Mobile Home Park, PASSED by the City Council this 23`d day of July 2003. APPROVED by the Mayor this 24`h day of July 2003. Darlene Kordonowy, Mayor ATTEST/AUTHENTICATE Rosalind D. Lassoff, Deputy City Clerk FILED WITH THE CITY CLERK July 16, 2003 PASSED BY THE CITY COUNCIL: July 23, 2003 RESOLUTION NUMBER: 2003-35