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HomeMy WebLinkAboutRES 021015-J - Housing Tax Cred GTown Apts=v A Resolution of the City Council of the City of Georgetown, Texas approving a Housing Tax Credit Program proposal with Steele Georgetown LIHTC LLC, for the development named Georgetown Square Apartments located at 206 Royal Drive, Georgetown, Texas and declaring an effective date TT Royal Drive Georgetown TX 78626 named Georgetown Square Apartments in the City of Georgetown, and Whereas, Steele Georgetown LIHTC LLC has communicated that it intends to submit an application to the Texas Department of Housing and Community Affairs (TDHCA) for 2015 Housing Tax Credits or Private It is hereby RESOLVED, that as provided for in 10 Texas Administrative Code §11.3(b), it is expressly acknowledged and confirmed that the City of Georgetown has more than twice the state average of units per capita supported by Housing Tax Credits or Private Activity Bonds and FURTHER RESOLVED, that the City of Georgetown hereby supports Georgetown Square Apartments, and confirms that its governing body has voted specifically to approve the construction of the Development and to authorize an allocation of Housing Tax Credits for the Development pursuant to Texas Government wmmmz��s FURTHER RESOLVED that for and on behalf of the Governing Body, Dale Ross, Mayor of Georgetown is hereby authorized, empowered, and directed to certify these resolutions to the Texas Department of Housing and Community Affairs EYE=" Jess c Brettle C' Jess AMOVED AST 7' Bridget Chap an U City Attorney THE TY OF 7WN-. Dale-leoss Mayor Resolution Number: ();[(01q -S Page 1 ofj Date Approved: f!0&eLAAf- 10( zr'0�5-