HomeMy WebLinkAboutRES 25-033RESOLUTION NO. 25-033
BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF BEAUMONT:
WHEREAS, KCG Development LLC, of Indianapolis, Indiana, has proposed a
development for affordable rental housing at SEQ Concord Road and Gober Road, also known as
5695 Concord Road, Beaumont, Texas, named Riva Ridge in the City of Beaumont, County of
Jefferson;
WHEREAS, KCG Development LLC, has advised that it intends to submit an application
to the Texas Department of Housing and Community Affairs for 2025 Competitive 9% Housing
Tax Credits for Riva Ridge;
WHEREAS, the City Council of City of Beaumont finds there is a need for such affordable
housing for citizens within the boundaries of the City of Beaumont;
WHEREAS the City Council of City of Beaumont confirms that KCG Development LLC,
with the development of Riva Ridge has committed $50,000.00 for parks improvement; and,
WHEREAS the City Council acknowledges and confirms, are required by TDHCA, 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;
NOW, THEREFORE BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the City of Beaumont, acting through its governing body, hereby confirms that it
supports the proposed development of Riva Ridge, located at SEQ Concord Road and Gober Road,
also known as 5695 Concord Road, Beaumont, Texas; and,
THAT this formal action has been taken to put on record the opinion expressed by the City
on the 18th of February 2025; and,
THAT the City Council hereby confirnis that the City of Beaumont will provide a reduced
fee for the benefit of Riva Ridge development in the amount of $500.00; and
BE IT FURTHER RESOLVED THAT as provided for in 10 TAC §11,3(c), it is expressly
acknowledged and confirmed that the City of Beaumont, County of Jefferson 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 for and on behalf of the Governing Body, Roy
West, Mayor 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 18th day of February,
2025.
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