HomeMy WebLinkAboutResolution - 2016-R0057 - Estacado Place - 02/11/2016Resolution No. 2016-R0057
Item No. 5.12
February 11, 2016
RESOLUTION
WHEREAS, Lubbock Estacado Place Apartments, L.P. has proposed a development for
affordable rental housing to be named Estacado Place and will be located at the 10000 Block of
Upland Avenue, Lubbock, Texas, (the "Development"); and
WHEREAS, Lubbock Estacado Place Apartments, L.P. has advised that it intends to submit an
application to the Texas Department of Housing and Community Affairs for 2016 Housing Tax
Credits for Estacado Place (the "Application"); and
WHEREAS, this Resolution makes no finding regarding either the suitability of the proposed
Development site or compliance with the City of Lubbock's development regulations and
ordinances, and approval of this Resolution will not be construed as a development permit or
approval; and
WHEREAS, the City Council of the City of Lubbock finds that it is in the public interest and a
public benefit for the citizens of the City of Lubbock, Texas that the Application be made for
such funding; NOW THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the City Council hereby confirms and supports the proposed development of Estacado
Place at 10000 Block of Upland Avenue, Lubbock, Texas by Lubbock Estacado Place
Apartments, L.P. according to the Texas Department of Housing and Community Affairs
project number TDHCA 16003, and
THAT in accordance with Section 2306.6725(e) of the Texas Government Code, the City of
Lubbock will commit a de minimis amount of funding for the Development, which may be in
the form of a fee waiver, or other in-kind contributions.
THAT the Mayor of the City of Lubbock is hereby authorized and directed to certify for and on
behalf of the City of Lubbock, these resolutions to the Texas Department of Housing and
Community Affairs.
Passed by the City Council on
GLEN CAW131Y"RTSON, MAYOR
ATTEST:
Rebec a Garza, City Secret
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Bill H erton, Assistant Manager
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Justin Pruitt ssistant City Aubmey
ccdocs/REs. Adoption— Housing Credits — Estacado Place by Lubbock Estacado Place Apartments, LP
January 27, 2016