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HomeMy WebLinkAboutRES 112817-P - Housing Tax Credits PedcorRESOLUTION NO. A1!$$-1- P A Resolution of the City Council of Georgetown, Texas, regarding an application for 2018 Housing Tax Credits by Pedcor Investments-2017-CLXVII, L.P., for the development named Residences at Stillwater, to the Texas Department of Housing and Community Affairs to develop affordable rental housing and declaring and effective date. WHEREAS, Pedcor Investments-2017-CLXVII, L.P., has proposed a development for affordable rental housing of 192 rental units at the 1500 block of NE Inner Loop named Residences at Stillwater in the city of Georgetown, Williamson County, Texas; and WHEREAS, Pedcor Investments-2017-CLXVII, L.P., has advised that it intends to submit an application to the Texas Department of Housing and Community Affairs (TDHCA) for 2018 Housing Tax Credits for Residences at Stillwater; It is hereby RESOLVED, that in accordance with the requirements of Texas Government Code §2306.67071 and Texas Administrative Code §10.204(4), it is hereby found that: 1. Notice has been provided to the Governing Body in accordance with Texas Government Code §2306.67071(a); and 2. The Governing Body has had sufficient opportunity to obtain a response from the Applicant regarding any questions or concerns about the proposed Development; and 3. The Governing Body has held a hearing at which public comment may be made on the proposed Development in accordance with Texas Government Code, §2306.67071(b); and 4. After due consideration of the information provided by the Applicant and public comment, the City of Georgetown does not object to the proposed Application; 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 28th day of November 2017. ATTEST: THE CITY OF GEORGETOWN: as" Shelley Nowlin Dale Ross City Secretar Mayor Page 1 of 2 APPROVED AS TO FORM: Charlie McNabb City Attorney Page 2 of 2