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HomeMy WebLinkAboutR16-353333 RESOLUTION NO. R16-353 A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF PLAINVIEW, TEXAS, SUPPORTING AN APPLICATION FOR HOUSING TAX CREDIT FINANCING TO THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (TDHCA) FOR A PROPOSED AFFORDABLE RESIDENTIAL DEVELOPMENT PROJECT AND DESIGNATING THE MAYOR TO CERTIFY THIS RESOLUTION TO TDHCA. WHEREAS, Conrad Housing Partners, LP has proposed a developrrtent for affordable rental housing to be located at the site on the attached map, incorporated hereto as a part of this Resolution, in the City of Plainview, Hale County, Texas and named "Conrad Lofts"; and WHEREAS, Conrad Housing Partners, LP intends to submit an application to the Texas Department of Housing and Community Affairs (TDHCA) for 2016 Competitive 9% Housing Tax Credits for Conrad Lofts; and WHEREAS, the City Council desires to support the proposed application of Conrad Housing Partners, LP for an affordable residential development project located at the site on the attached map and incorporated hereto, TDHCA Application Number 16034 in accordance with the Texas Government Code Ann., Section 2306.6710 (Vernon's Supp. 2015) and Texas Administrative Code, Section 11.09(d)(1), effective January 6, 2016 at 41 Tex. Reg. 199; and WHEREAS, the City Council adopts this Resolution specifically for the potential financing only and makes no finding as to the proposed site's suitability or compliance with the City, state or federal laws and regulations. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Plainview that: The City Council for the City of Plainview hereby approves this Resolution of support for Conrad Housing Partners, LP's proposed application to TDHCA for the proposed development of affordable rental housing, named, "Conrad Lofts," located herein on the attached map and incorporated hereto, Plainview, Hale County, Texas, which is the same site as identified in TDHCA Application Number 16034. The Mayor is hereby authorized and directed to execute, respectively, on behalf of the City of Plainview, all necessary documents to certify this Resolution of support from the governing body to the Texas Department of Housing and Community Affairs. R16-353 TDHCA SUPPORT RESOLUTION — CONRAD LOFTS Page 1 of 3 334 This Resolution's public purpose is to support Conrad Housing Partners, LP's application with TDHCA to encourage quality development for affordable rental housing to benefit the City as a whole. PASSED and APPROVED this 9th day of February, 2016. endell Dunlap, Mayo ATTEST: Belinda Hinojosa, City Secre APPROVED AS TO CONTENT: Andrew Freeman, Assistant City Manager APPROVED AS TO FORM: 4Q..; �c- Le Ile Spear Schmidt, City Attorney R16-353 TDHCA SUPPORT RESOLUTION — CONRAD LOFTS Page 2 of 3 335 NUM HOTEL L SDT R16-353 TDHCA SUPPORT RESOLUTION — CONRAD LOFTS Page 3 of 3