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HomeMy WebLinkAboutResolution - 2018-R0094 - Tax Credit - Westwind - 02/22/2018Resolution No. 2018-R0094 Item No. 6.21 February 22, 2018 RESOLUTION WHEREAS, SCS Lubbock 18, L.L.C. has proposed a development for affordable rental housing to be named the Westwind of Lubbock to be located at 8401 Avenue U, Lubbock, Texas; and WHEREAS, SCS Lubbock 18, L.L.C. intends to submit an application to the Texas Department of Housing and Community Affairs for 2018 Competitive 9% Housing Tax Credits for the Westwind of Lubbock; and WHEREAS, the City Council of the City of Lubbock hereby finds that the proposed development of the Westwind of Lubbock at 8401 Avenue U, Lubbock, Texas by SCS Lubbock 18, L.L.C. would be a public benefit to the City of Lubbock; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Council of the City of Lubbock hereby confirms and supports the application for the Texas Department of Housing and Community Affairs 2018 Competitive 9% Housing Tax Credits for the proposed development of the Westwind of Lubbock at 8401 Avenue U, Lubbock, Texas by SCS Lubbock 18, L.L.C.; and THAT the City Council of the City of Lubbock hereby directs City staff to provide a one-time permit fee waiver not to exceed five hundred dollars ($500) to be applied to an application for a permit by SCS Lubbock 18, L.L.C. if it is awarded the Texas Department of Housing and Community Affairs 2018 Competitive 9% Housing Tax Credits for the proposed development of the Westwind of Lubbock; and THAT the Mayor of the City of Lubbock is hereby authorized and directed to certify for and on behalf of the City of Lubbock, this resolution to the Texas Department of Housing and Community Affairs. Passed by the City Council on February 22, 2018 DANIEL M. POPE, MAYOR ATTEST: Reb cca Garza, City Secret at_� APPROVED AS TO CONTENT: Bill I(�Gverton, Assist ,aKCity Manager APPROVEWAS TO FORM: ccdocs/RES. Confirmation and Support — 2018 Housing Tax Credits — Westwind of Lubbock by SCS Lubbock 18, L.L.C. February 7, 2018