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HomeMy WebLinkAboutResolution - 2010-R0473 - 2010 Tax Payment Waiver - Lubbock Housing Authority - 09/27/2010Resolution No. 2010-RO473 September 27, 2010 Item No. 5.24 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 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 Cooperation Agreement dated August 24, 1995, for the Lubbock Housing Authority to pay payment in lieu of taxes to the City of Lubbock ("the Agreement"); and 'd WHEREAS, the City Council of the City of Lubbock amended the August 24, 1995, 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 and for 2010 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 payment for 2010 from Lubbock Housing Authority. Passed by the City Council this 27th day of September , 2010. TON, MARTIN, MAYOR ATTEST: Rebec a Garza, City Secretary APPROVED AS TO CONTENT: --LS wot'rr'-ffn - Bill Howe on, Jr., Comm ty Develipment Director APPROVED AS TO FORM: Am "" y L. ssis ttorney gs:;ccdocs LHA-Waiver Payment in Lieu of Taxes 2010.res 9.3.2010