HomeMy WebLinkAboutRES 18-036RESOLUTION NO. 18-036
WHEREAS, the Golden Triangle Redevelopment Corporation, a Public Facilities
Corporation established by the Beaumont Housing Authority, has proposed . a
development for affordable rental housing at 2020 Cottonwood, named St. Helena
Square Apartments in the City of Beaumont, County of Jefferson, Texas; and,
WHEREAS, the Golden Triangle Redevelopment Corporation has advised that it
intends to submit application #18003 to the Texas Department of Housing and
Community Affairs (TDHCA) for 2018 Housing Tax Credits or Private Activity Bonds for
St. Helena Square Apartments;
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,
SECTION 1. The City of Beaumont will commit to provide up to $501 in in-kind
contributions for the development of St. Helena Square Apartments, which may be in
the form of fee waivers, infrastructure improvements or other in-kind contributions
deemed beneficial to the City for future development. Specific in-kind contributions will
be determined at a later date.
SECTION 2. The City of Beaumont has considered the revitalization needs of the
North End and approves the Concerted Revitalization Plan for the designated area
(attached as Exhibit One).
SECTION 3. The construction of St. Helena Square Apartments will enable the
City and the Housing Authority of the City of Beaumont to implement the Concerted
Revitalization Plan for the North End that meets the specified objectives of the HOPE VI
Revitalization Plan, Texas A&M University Plan, City Consolidated Plan and other
applicable adopted City plans.
SECTION 4. St. Helena Square Apartments application for 2018 Low Income
Housing Tax Credits contributes most significantly to the concerted revitalization efforts
in the designated area.
SECTION 5. As provided for in §11.3(c) 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.
SECTION 6. The City of Beaumont hereby supports the proposed new St.
Helena Square development, 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 this development pursuant to Tex. Gov't Code
§2306.6703(a)(4).
SECTION 7. 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 At -Risk Funding Pool, the proposed St. Helena Square to
be located at 2020 Cottonwood, Beaumont, Texas 77703 with the TDHCA Application
number of #18003 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 February 13, 2018, at which a quorum was present.
SECTION 8. For and on behalf of the Governing Body, Mayor Becky Ames is
hereby authorized, empowered, and directed to certify this resolution 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 13th day of
February, 2018.
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.*FBecky Ames