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Home My WebLink AboutResolution - 2021-R0274 - Lubbock Housing Authority 2019-2020 PILOT WaiverResolution No. 2021-R0274 Item No. 6.9 August 10, 2021 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Council of the City of Lubbock hereby adopts the recommendation of thl Lubbock Housing Authority (LHA) of the City of Lubbock to grant waiver of the Payment it Lieu of Taxes (PILOT) for FY 2019-2020. Said LHA PILOT Waiver Recommendation i; attached hereto and incorporated into this resolution as if fully set forth herein and shall b4 included in the minutes of the City Council. Passed by the City Council on ATTEST: D. le -le 11 J�� Rebe ca Garza, City Se et APPROVED AS TO CONTENT: August 10, 2021 DANIEL M. POPE, MAYOR Karen �Murfee, Director of Co unity Development APPROVED AS TO FORM: f I i Leisure, Assistant City Attorney ccdocs/RES. Adoption LHA PILOT Waiver FY 2020 07.26.21 �All- HOUSING AUTHORITY OF THE CITY OF LUBBOCK z- \N Ip ��® 1708 Crickets Ave Lubbock, Texas 79401 Main Office 806.762.1191 G Q� ✓✓ July 22, 2021 Bill Howerton Assistant City Manager City of Lubbock PO Box 2000 Lubbock, TX 79457 Re: PILOT Historically, the Lubbock Housing Authority has requested that the City of Lubbock waive the Payment in Lieu of Taxes (PILOT) calculated based on our rental income. Some years ago, the City Council requested documentation of the Housing Authority's capital improvement expenditures to show that the Lubbock Housing Authority was actively maintaining Lubbock's Public Housing units. Our PILOT documentation, form HUD-52267 is attached and the numbers are from our FY 2020 audit for the year ending on September 30, 2020. The Lubbock Housing Authority (LHA) receives a formula grant on an annual basis for capital improvements. This grant is referred to as the Capital Fund Program or CFP. This grant amount varies from year to year depending on HUD's budget. Total Capital Improvement Grant spending for LHA's Public Housing in the past year has been $332,113 for 2020. Once again, the Housing Authority of the City of Lubbock would request that the City Council waive our payment of the PILOT for FY 2020. Sincerely, GG� Mike Chapman Executive Director Computation of Payments in Lieu of Taxes U.S. Department of Housing and Urban Development Office of Public and Indian Housing For Fiscal Year Ended 2020 ONO Approval No. 2577-0026 (Exp. 10/31/2009) Public reporting burden for the collection of information Is estimated to average .4 hours. This Includes the time for collecting, reviewing, end reporting the data. The Information will be used for HUD to ascertain compliance with requirements of Section 6(D) of the U.S. Houslno As, which provides for PHA exemptions from real and Personal property taxes, and Inclusion in the formula data used to determine public housing operating subsidies. Response to this request for Information is required In otdet W INWIM the haet%s W be 6*m". TMs apetsey mi rf fat Whoct lids NttoimWkWfi, tmd you are rrtlt tageMed W wrMWte VWG Snrfn eN'ers It t1F v*p a ILW A►f valid OMB control number. Name of Local Agency: Lubbock Housing -Authority towtton: -Lubbock, TX Contract Humbert Project Numbers N/A All Part 1- Computation of Shelter Rent Charged. 1. Tenant Rental Revenue (FOS Una 703) f 623,452 00 2. Tenant Revenue Other (FOS Una W") ._ Yr'•��sL^ 3. Total Rental Charged (lines i 6 2) t 641,935.00 4. UU" Expanse (FOS Una 931 - 219)-198.039.00 S. Shelter Rent Charged (Una 3 minus Una 4) 44A Ago M Part 11- Computation of Shelter Rent Collected. TO be completed only If Cooperation Agreement provides for payment Of PILOT On basis of Shelter Rent Collected.) 1. Shelter Rent Charged (Una S of Part 1, above) ; 443.896.00 2. Add: Accounts Receivable • Tenants (FOS Unes 126, 126.1, 6 126.2) at beginning of fiscal year 8,783.00 3. Less: Tenant Bad Debt Expense (FDS Line 964) 27,787.00 4. Less: Accounts Receivable - Tenants (FDS Linea 126, 125.1. at 126.2) at end of fiscal year-13,152.00 S. Shelter Rent Collected (Una 1 plus Una 2 minus lines 3 d 4) 411,740.00 Part 111- Computation of Approximate Full Real Property Taxes. (1) Taxing Districts (2) Assessable Value (3) Tax Rote (4) Approximate Full Real Property Taxes Total 0.00 Part IV - Unatagon Based on Annual Contribution. (To be completed If Cooperation Agreement limits PILOT to an amount by which real property taxes exceed 20% of annual contribution.) 1. Approximate full real property taxes 2. Accruing annual contribution for all projects under the contras_- 3. Prorate share of accruing annual contribution* 4. 20% of accruing annual contribution (20% of Una 3) - S. Approximate full real property taxes less 20% of accruing annual contribution (Una 1 minus Line 4, If Line 4 exceeds Une 1, enter zero) ; Part V - Payments In Uou of Taxes. 1. 10% of shelter rent (10% of Una 6 of Part I or 10% of Una S of Part it, whichever Is applicable)— 41�174.�00 2. Payments In Ueu of Taxes (If Part IV Is not applicable, enter the amount f - shown on Una 1, above, Or the total In Part III, whichever Is the lower, If - PaR IV Is applicable, enter the amount shown on Una 1, above, or the amount shown on Una S Of Part IV, whichever Is lower.) • Same as Una 2 If the statement Includes all projects under the Annual Contributions Contract. If this statement does not Include all projects under the Annual Contributions Contact, enter Prorate share based upon the development cost of each project, •• If the percentage specified In the Cooperation Agreement or the Annual Contributions Contract with HUD Is lower, such lower percentage shall be used. Warnings HUD will proe f claims and statements. Conviction may result In criminal and/or civil penalties (to U.S.C. 1001, 1010, 1012: 31 U.S.C. 3729, 3002). Prepared Byt Approved By: ` Home' Kris Schr er Name' Mike Chapman Tlties Finance Director Datet 07122/2021 Titlet Executive Director Date' /21/2021 PmvinuS FdlHnn• Ara rlhenlara _ oyc a V. L Print Reset form HUD-83367 (0/2005)