HomeMy WebLinkAboutResolution - 2012-R0460 - Waive Pament In Lieu Of Taxes For FY 2012 - Lubbock Housing Authority - 11_29_2012asol.ution No. 2012-RO460
wember 29, 2012
tem No. 5.18
RESOLUTION
WHEREAS, the Lubbock Housing Authority provides housing and supportive
services to families in the City of Lubbock with very low incomes; and
WHEREAS, without the housing provided by the Lubbock Housing Authority,
many of the above -described families would be living in over crowded, dilapidated
structures or could be homeless; and
WHEREAS, the Lubbock Housing Authority runs several programs focused on
!breaking the cycle of poverty; and
WHEREAS, the City Council of the City of Lubbock recognized that the above -
'described services services provided by the Lubbock Housing Authority provide a benefit to the
citizens of the City of Lubbock; and
WHEREAS, the City of Lubbock and the Lubbock Housing Authority enter into a
ilCooperation Agreement dated August 24, 1995, for the Lubbock Housing Authority to
I, pay payment in lieu of taxes to the City of Lubbock ("the Agreement"); and
WHEREAS, the City Council of the City of Lubbock amended the August 24,
11995, Cooperative Agreement to allow the City Council to waive the Payment in Lieu of
taxes by a majority vote; and
WHEREAS, the City Council of the City of Lubbock finds that waiving the
amount currently owed by the Lubbock Housing Authority for FY 2012 is a public benefit
to the City of Lubbock and serves a public purpose;
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the City Council of the City of Lubbock hereby waives the Payment in
Lieu of Taxes for FY 2012 from Lubbock Housing Authority.
Passed by the City Council this 29th day of November 52012.
GLEKeZ RUBE "!'SON, MAYOR
ATTEST:
Garza, City Secretary
APPROVED AS TO CONTENT:
Ouincy Wh&Assistant City Manager
'APPROVED AS TO FORM: