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HomeMy WebLinkAboutResolution - 2016-R0411 - Waive PILOT For FY 2015 - 11/17/2016Resolution No. 2016-RO411 Item No. 6.16 November 17, 2016 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Council of the City of Lubbock hereby adopts the recommendation of the Lubbock Housing Authority of the City of Lubbock (LHA) to waive the Payment in Lieu of Taxes (PILOT) for FY 2015. Said LHA PILOT Waiver Recommendation is attached hereto and incorporated into this resolution as if fully set forth herein and shall be included in the minutes of the City Council. Passed by the City Council on Nnvemher 17 2016 DANIEL M. P PE, MAYOR ATTEST: �L 0 fl)3 ou Re ecca Garza, City Secretary APPROVED AS TO CONTENT: APPROVED AS TO FORM: Justin Pryitt, lkssistant qity Attorney ccdocs/RE� Acjdption — Lubbock Housing Authority Recommendation — LHA PILOT Waiver FY 2015 October 3I 6 HOUSING RUTHORITYOF THE CITY OF LUBBOCK fiVs P.O.BOX 2568 LUBBOCK,TEXAS 79401 MAIN OFFICE 806-762-1191 FAX 762-0836 October 26,2016 Bill Howerton Assistant City Manager City of Lubbock PO Box 2000 Lubbock,TX 79457 Re:PILOT Bill, Historically,the Lubbock Housing Authority has requested that the City of Lubbock waive the Payment in Lieuof Taxes (PILOT)calculated based on our rental income. Some years ago,the CityCouncil requested documentation of the Housing Authority's capital improvement expenditures to show that the Lubbock Housing Authority was actively maintaining Lubbock's Public Housing units.Our PILOT documentation, form HUD-52267 is attached and the numbers are from our FY 2015 audit for the year ending on September 30,2015. The Lubbock Housing Authority (LHA)receives a formula grant on an annual basis for capital improvements.This grant is referred to as the Capital Fund Program or CFP. This grant amount varies from year to year depending on HUD's budget. Total Capital Improvement Grant spending for LHA's Public Housing in the past year has been $502,382. Once again,the Housing Authority of the City of Lubbock would request that the City Council waive our payment of the PILOT. Sincerely, Mike Chapman Executive Di'rector