HomeMy WebLinkAboutRES 020916-P-2 - DDC Merritt Housing Tax 2xN Resolution of the City Council of Georgetown, Texas, acknowledging that
Georgetown has more than 2 times the state average per capita Housing Tax
Credit units for 2016 Housing Tax Credits by DDC Merritt Heritage, LTD, for
the development named Merritt Heritage, to the Texas Department of Housing
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effective date
at the SE comer of Williams Drive Woodlake Drive, named Merritt Heritage in the City of
Georgetown, Texas, and
Whereas, DDC Merritt Heritage, LTD 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 Merritt Heritage; and
It is hereby RESOLVED, that as provided for in 10 Texas Administrative Code §11.3(b), it is
expressly acknowledged and confirmed that that the City of Georgetown, located in Williamson
County, 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 submittal of the application
for the proposed Merritt Heritage, and confirms that its governing body has voted specifically to
approve/not object the construction of the Development and to authorize an allocation of
Housing Tax Credits for the Development pursuant to Texas Government Code §2306.6703(A)(4);
and
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authorized, empowered, and directed to certify these resolutions to the Texas Department of
Housing and Community Affairs, on the 9th day of February 2016.
Shelley NowliTD
City Secretary
APPROVED AS TO FORM:
Skye MassonL/
Interim City Attorney
THE CITY OF GEORGETOWN:
Dale Ross
Mayor
Resolution Number: bZkQ9 1(v -P-A Page 1 of I
Description: DDC Merritt Heritage, LTD, 9% Housing Tax Credit 2x resolution
Date Approved- February 9,2016