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HomeMy WebLinkAboutRES 17-016RESOLUTION NO. 17-016 WHEREAS, Herman & Kittle Properties, Inc. has proposed a development for affordable rental housing at 4167 Old Dowlen Road named Old Dowlen Cottages Apartments, L.P. in the City of Beaumont; and, WHEREAS, Herman & Kittle Properties, Inc. has communicated that it intends to submit an application to the Texas Department of Housing and Community Affairs (TDHCA) for 2017 Housing Tax Credits or Private Activity Bonds for Old Dowlen Cottages Apartments, L.P.; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the statements and findings set out in the preamble to this resolution are hereby, in all things, approved and adopted; and, THAT as provided for in §11.3(b) of the Qualified Allocation Plan, it is expressly acknowledged and confirmed that the City of Beaumont has more than twice the state average of units per capita supported by Housing Tax Credits or Private Activity Bonds, specifically Competitive 9% Housing Tax Credits for Old Dowlen Cottages Apartments, L.P.; and, BE IT FURTHER RESOLVED THAT the City of Beaumont hereby supports the proposed Old Dowlen Cottages Apartments, L.P., and confirms that its governing body has voted specifically to approve the construction of the Development and to authorize an allocation of Housing Tax Credits for the Development pursuant to Texas Government Code §2306.6703(a)(4); and, BE IT ALSO RESOLVED THAT as provided for in §11.9(d)(1) of the Qualified Allocation Plan and in accordance with Texas Government Code §2306.6710(b) that the City of Beaumont, acting through its governing body, hereby confirms that it Supports the proposed Old Dowlen Cottages Apartments, L.P. located at 4167 Old Dowlen Road and that this formal action has been taken to put on record the opinion expressed by the City of Beaumont on January 24, 2017, and, BE IT ALSO RESOLVED THAT for and on behalf of the governing body, the City Manager is hereby authorized, empowered, and directed to certify these resolutions to the Texas Department of Housing and Community Affairs. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 24th day of January, 2017. yuhA�*'('r U (i Mayor Becky Ames -