HomeMy WebLinkAboutRES 05-091 RESOLUTION NO. 05-091
WHEREAS, Stone Way Limited Partnership, proposes to build Phase 2 of Stone
Hearst Townhomes at 1650 East Lucas Drive, Beaumont, Texas; and,
WHEREAS, Stone Hearst Townhomes will be comprised of a community center
building containing on-site management offices, residential activity areas, as well as 104
townhome units; and,
WHEREAS, Phase 2 of Stone Hearst Townhomes will be comprised of 68 townhome
units; and,
WHEREAS, Stone Hearst Townhomes will consist of two and three bedroom units,
which will be beneficial to families in Beaumont; and,
WHEREAS, because of the Texas Department of Housing&Community Affairs high
score issued to Stone Hearst Townhomes and the strong demand for affordable housing
in our city, this development should be awarded its tax credits.
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the City Council finds that R. J. Collins and Stone Way Limited Partnership have the
historical experience in developing high quality affordable housing; and,
That the City Council supports the efforts of Stone Hearst Townhomes, and
especially its application to the Texas Department of Housing and Community Affairs for
Low Income Housing Tax Credits.
PASS,. Q4E CITY COUNCIL of the City of Beaumont this the 19th day of April,
2005. ; . �' °t9
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ayor Evelyn M. Lord -