HomeMy WebLinkAboutRES 20-039RESOLUTION NO. 20-039
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BEAUMONT,
TEXAS REGARDING THE BEAUMONT TRAILS DEVELOPMENT FOR
SUPPORT.
WHEREAS, Trinity Beaumont Trails, LP has proposed a development for
affordable rental housing at the SWC of Spindletop Square and N 13th Street, named
Beaumont Trails in the City of Beaumont; and,
WHEREAS, there is a need for affordable housing for Beaumont citizens of modest
means; and,
WHEREAS, Trinity Beaumont Trails, LP intends to submit an application to the
Texas Department of Housing and Community Affairs (TDHCA) for 2020 Low Income
Housing Tax Credit Program funds for Beaumont Trails (TDHCA #20232); and,
WHEREAS, that as provided for in 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;
and,
WHEREAS, Beaumont Trails will be an age -restricted development meaning all
residents must be age 55 or older; and,
WHEREAS, The City, acting through its governing body, hereby approves a
commitment. to the Applicant of funding assistance in the amount of $500.00 in the form
of a loan, grant, reduced fees or contribution of other value for the benefit of the Housing
Community, which contribution is conditioned on an award of Housing Tax Credits to the.
Applicant;
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the findings of the City and its actions approving this resolution taken at the council
meeting are hereby approved and adopted; and,
THAT as provided for in §11.3(c) 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
and authorizes an allocation of Housing Tax Credits for the Development pursuant to Tex.
Gov't Code §2306.6703(a)(4); and,
BE IT FURTHER RESOLVED THAT the City of Beaumont hereby has no objection
to the proposed Beaumont Trails and confirms that this formal action has been taken to
put on record the opinion expressed by the City; and,;
BE IT ALSO RESOLVED THAT for and on behalf of the Governing Body, Mayor
Becky Ames is 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 25th day of
February, 2020.
ATTEST:
Tina Broussard, City Clerk