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HomeMy WebLinkAboutPR13055:HOUSING TAX CREDITSINTER OFFICE MEMO To: From: Subject: Date: Mayor, City Council & City Manager Mark T. Sokolow City Attorney ~'~ ~ P. R. No. 13055 Council, Meeting March 1, 2005 February 23, 2005 Attached ' is P.R. No. 13055 as it pertains to the revitalization of the housing development at or near 6200 Gulfway and supporting the allocation of 2005 iow-income housing 5ax credits therefore. (Requested by Mayor Ortiz.) MTS:ts Atsachment cc: VIA FACSIMILE: (409) 721-6603 K. T. Akbarl z.pr13055 .memo RESOLUTION NO. A ~ESOLUTION AS IT PERTAINS TO THE REVITALIZATION OF THE HOUSING DEVELOPMENT AT OR NEAR 6200 GULFWAY P. R. No. 13055 02/24/05 ts DRIVE AND SUPPORTING THE ALLOCATION OF 2005 LOW INCOME HOUSING TAX CREDITS THEREFORE (REQUESTED BY MAYOR ORTIZ) WHEREAS, the City of Port Arthur has identified a critical need to revitalize areas of the City 5hat are in despair, particularly public housing developmenss that are in need of redevelopment by comprehensive rehabilitation and modernization or that are obsolete and need to be demolished and replaced in whole or in part, on-site or off-site; and WHEREAS, the City will benefit by promoting and supporting such revitalization efforts by the Housing Authority of the City of Port Arthur Housing Authority and their developer partner(s); and WHEREAS, the City agrees to support and work with the Housing Authority and their developer partner(s) to comprehensively redevelop public housing, demolish obsolete public housing, and replace demolished units on-site or off-site, using innovative methods, including public-private partnerships and affordable housing developments with renters of mixed incomes. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR, TEXAS: z.pr13055 Section 1. That the facts and opinion in the preamble are true and correct. Section 2. That'the City declares the proposed demolition of the public housing development known as Gulf Breeze, 6200 Gulfway Drive, Port Arthur, TX 77642, a community revitalization plan. Section 3. That as part of a community revitalization plan, the City supports replacement of the demolished public housing on-site and off-site, including the proposed 120 unit Southwood Crossing Apartments at the north side of 173 between 9th Avenue and Highway 347 in the City of Port Arthur. Section 4. That the City supports the application by ITEX Development LLC to the Texas Department of Housing and ~ommunity Affairs for an allocation of 2005 iow-income housing tax credits for Southwood Crossing Apartments. Section 5. That the City welcomes the cooperation between the Housing Authority and their developer partner(s) (ITEX Developer LLC) for their community revitalization plan. -Section 6. That the Mayor and the City Manager are authorized to take any reasonable and necessary action to implement the direction and intention of this Resolution. Section 7. That a copy of the caption of this Resolution be spread upon the Minutes of the City Council. z .pr13055 READ, ADOPTED AND APPROVED this day of , A.D., 2005 a5 a Regular Meeting of The City Council of the City of Port Arthur, Texas, by the following vo~e: AYES: Mayor ; City Council Noes: ATTEST: Mayor City Secretary APPROVED AS TO FO~M: City Attorney APPROVED FOR ADMINISTRATION City Manager z .pr13055