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HomeMy WebLinkAboutRES 18-011RESOLUTION NO. 18-011 WHEREAS, Beaumont Retreat W, LP has proposed a new development of affordable rental housing limited to seniors 62 year of age and older, in the 5900 Block of College Street, Beaumont, TX 77707 named Retreat West Beaumont which would be constructed within the City of Beaumont; and, WHEREAS, the ITEX Group, LLC, a locally based developer, has worked for more than seven months with the Diocese of Beaumont to successful overcome issues the Diocese raised a year ago concerning a similar development and its potential impact on the Diocese's high school; and, WHEREAS, Beaumont Retreat W, LP has advised that it intends to submit an application to the Texas Department of Housing and Community Affairs (TDHCA) for 2018 Competitive 9% Housing Tax Credits for Retreat West Beaumont, a senior restricted apartment development, to be located on the Games People Play driving range at 5945 of College Street; and, WHEREAS, the property is currently zoned GC -MD which is appropriate for the proposed use by Beaumont Retreat W, LP; 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 TDHCA 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, and, BE IT FURTHER RESOLVED, that the City of Beaumont hereby supports the proposed new Beaumont Retreat W, LP development, and confirms that its governing body has voted specifically to approve the construction and of the Retreat West Beaumont elderly limitation apartment development and to authorize an allocation of Housing Tax Credits for this development pursuant to Tex. Gov't Code §2306.6703(a)(4), and, BE IT ALSO RESOLVED, that the City of Beaumont, TX, acting through its governing body, hereby confirms that it is exclusively supporting in the TDHCA 2018 Competitive Tax Credit Application Cycle in the Urban Region 5 Funding Pool, the proposed Beaumont Retreat W, LP's new elderly limitation development to be located in the 5900 Block of College Street, Beaumont, TX 77707 with the TDHCA Application number of #18095 and that this formal action has been taken to put on record the opinion expressed by the City of Beaumont, TX at its regularly scheduled Council Meeting on January 9, 2018, at which a quorum was present; and, BE IT ALSO RESOLVED, that the City of Beaumont, TX will make a contribution of at least Five Hundred Dollars ($500) toward the construction of the Retreat West Beaumont in the form of cash or in-kind services; and, BE IT ALSO RESOLVED, that for and on behalf of the Governing Body, Becky Ames, Mayor of the City of Beaumont, TX and/or Kyle Hayes, City Manager are hereby authorized, empowered, and directed to certify these resolutions to the Texas Department of Housing and Community Affairs. The meeting at which this resolution was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 9th day of January, 2018. IA*4,� 1�qW V - U . Mayor Bec y Ames -