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HomeMy WebLinkAboutRES 020916-N-1 - Kaia Pointe Housing TaxRESOLUTIONNO. Q31091G—r")-' A Resolution of the City Council of Georgetown, Texas, supporting an application for 2016 Housing Tax Credits by Kala Pointe, LLC, for the development named Kaia Pointe, to the Texas Department of Housing and Community Affairs to develop affordable rental housing and declaring and effective 4ate. Whereas, Kaia Pointe, LLC has proposed a development for affordable rental housing at approximately 4800 Williams Drive named Kaia Pointe in the City of Georgetown, Texas, and Whereas, Kaia Pointe, LLC has advised that it intends to submit an application to the Texas Department of Housing and Community Affairs (TDHCA) for 2016 Competitive 9% Housing Tax Credits for Kaia Pointe; and Whereas, the City of Georgetown confirms it will provide a grant, reduced fee or contribution of other value for the benefit of the development in the amount of $10; and It is hereby RESOLVED, that the City of Georgetown, acting through its governing body, hereby confirms that it has no objection/supports the proposed Kaia Pointe located at approximately 4800 Williams Drive and that this formal action has been taken to put on the record the opinion expressed by the City, and FURTHER RESOLVED that for and on behalf of the Governing Body, Dale Ross, Mayor is hereby authorized, empowered, and directed to certify these resolutions to the Texas Department of Housing and Community Affairs, on the 9th day of February 2016. Effiv- Igloo] 19 O Shelley Nowl 96 "1 N City Secretary Q---) Skye da"s'son V Interim City Attorney THE TY OF GEORGETOWN: i; Dale Ross Mayor Resolution Number: OAO A 1�-W- I Page 1 of I Description: Kaia Pointe LLC 9% Housing Tax Credit Local Jurisdiction Support Date Approved: February 9, 2116