HomeMy WebLinkAboutRES 11-078 RESOLUTION NO.11-078
WHEREAS, the City Council of the City of Beaumont(the"City") has been apprised
of the pending application for tax credits (the "Application") filed for the new construction
of Beaumont Place of Grace Apartments (the "Development") a new construction senior
housing project located within the Pear Orchard neighborhood and Empowerment Zone
#2 with the Texas Department of Housing and Community Affairs ("TDHCA"); and,
WHEREAS, the City is a municipality that has more than twice the state average of
residential units per capita supported by tax credits or private activity bonds at the time the
2010 Application Round begins, and therefore, under Section 50.5 (a)(7) of the 2010
Qualified Allocation Plan and Rules adopted by TDHCA, as set forth in Title 10, Part 1 of
the Texas Administrative Code the QAP the TDHCA requires the express prior su pp ort
of the governing body of the City and a written statement of support of the allocation of
Housing Tax Credits in order for the Applicant to be awarded an allocation of Housing Tax
Credits by TDHCA;
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT THAT:
SECTION 1. This resolution in no way commits the City of Beaumont to provide
any funding for the proposed project.
SECTION 2. This project is still subject to any and all zoning and construction
regulations and will be required to comply with such.
SECTION 3. The governing body of the City hereby offers preliminary support for
the construction of the Development within the City.
SECTION 4. The governing body of the City hereby supports the allocation of
Housing Tax Credits for the Development.
SECTION 5. The governing body of the City hereby acknowledges that this
resolution shall constitute a written statement of support for the construction of the
Development as required by Section 50.5(7)(B) of the QAP.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 22nd day of
February, 2011.
MOW
1
- ayor Becky Ames -