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HomeMy WebLinkAboutR12-264490 RESOLUTION No. R12 -264 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLAINVIEW, TEXAS, CREATING A COMMUNITY REVITALIZATION PLAN FOR HOUSING FOR CERTAIN AREAS WITHIN THE CITY OF PLAINVIEW. WHEREAS, the City Council of Plainview desires to develop a viable urban community, including decent housing and a suitable living environment and expanding economic opportunities, principally for persons of low -to- moderate income; and WHEREAS, in order to provide an incentive for community transformation and help create long -term investment in the community, the City of Plainview wishes to evidence its intent to encourage and facilitate quality development for the benefit of the City as a whole; and WHEREAS, the City proposes a Community Revitalization Plan for Housing to encourage the development of affordable rental housing in the community. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLAINVIEW THAT: The City Council of the City of Plainview hereby approves the Community Revitalization Plan Map for Housing as designated in Exhibit "A ", attached and incorporated hereto. RES. R12 -264 The objective of the Community Revitalization Plan is to encourage the construction of new as well as the rehabilitation of quality affordable rental housing in these designated areas of the community. The departments of the City of Plainview are hereby instructed to provide assistance to worthy projects within the plan which require municipal support in order to qualify for non - municipal financing and other economic incentives to develop within the Community Revitalization area. IV. This Resolution's primary purpose is to provide an incentive for economic opportunities to encourage and facilitate quality development of housing for the City's benefit as a whole. Community Revitalization Plan Page 1 of 3 PASSED AND APPROVED this 28 day of February, 2012. ATT T: Belinda Hinojosa, City Secret APPROVED AS TO CONTENT: AA' / Jeffrey' ny :: Ptant City Manager APPROVED AS TO FORM: Les ie Spear RES. R12 -264 rce, City Attorney ill()7 oh n C. Andersoh, Mayor Community Revitalization Plan Page 2 of 3 491 492 RES. R12 -264 EXHIBIT A: COMMUNITY REVITALIZATION PLAN MAP FOR HOUSING Community Revitalization Plan Page 3 of 3