HomeMy WebLinkAboutResolution - 2016-R0058 - The Villas - 02/11/2016Resolution No. 2016-RO058
Item No. 5.13
February 11, 2016
RESOLUTION
WHEREAS, SH Lubbock 98th, L.P. has proposed a development for affordable rental housing
to be named The Villas and will be located at 5804 98`h Street, Lubbock, Texas (the
"Development"), and
WHEREAS, SH Lubbock 98th, L.P. has advised that it intends to submit an application to the
Texas Department of Housing and Community Affairs for 2016 Competitive 9% Housing Tax
Credits for The Villas (the "Application"); NOW THEREFORE,
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 The Villas
at 5804 98s' Street Lubbock, Texas by SH Lubbock 98`h, L.P. according to the Texas
Department of Housing and Community Affairs project number TDHCA 16370, 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 February 11, 2016
GLEN C. ROJIERTSON, MAYOR
ATTEST:
0 e P4 t-�e4 X
Rebe ca Garza, City Sec et y
APPROVED AS TO CONTENT:
-Z 130.�Aqm. (2,
Bill et n, Assistant Ci anager
APPROVED AS TO FORM:
Justin Prui ssts t City Attorney
ccdocs/RES. Adoption— Housing Credits— The Villas by SH Lubbock 99^
January 26, 2016