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HomeMy WebLinkAboutPR 18196: SUBMISSION APPLICATION, 1300 JOE LOUIS AVE. REHABILITATION/CONSTRUCTION, CM LEWIS P.R. No. 18196 2/11/14 gt RESOLUTION NO, A RESOLUTION SUPPORTING THE SUBMISSION OF AN APPLICATION BY PORT. ARTHUR LM, LP FOR HOUSING TAX • CREDITS AT 1300 JOE LOUIS AVENUE. AND AUTHORIZING AN ALLOCATION OF THE REHABILITATION /CONSTRUCTION OF THE DEVELOPMENT (REQUESTED BY COUNCILMEMBER LEWIS) WHEREAS, Port Arthur LM, LP has proposed a development for affordable rental housing at 1300 Joe Louis Avenue named Louis Manor Apartments in the City of Port Arthur, Jefferson County, • Texas.; and WHEREAS, Port Arthur LM, LP has communicated that it intends to submit an application to the Texas Department of Housing and Community Affairs (TDHCA) for 2014 Housing Tax Credits for Louis Manor Apartments. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1. That the facts and in the preamble are true and correct. Section 2. That as provided for in 10 Texas Administrative Code §11.3(b), it is expressly acknowledged and confirmed that the City of Port Arthur, Jefferson County, Texas has more than twice the state average of units per capita supported by Housing Tax Credits or Private Activity Bonds. s:pr18196 Section 3. That that the City of Port Arthur, Jefferson County, Texas hereby supports the proposed Louis Manor Apartments and confirms that its governing body has voted specifically to approve the rehabilitation /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). Section 4. That for and on behalf of the Governing Body, the City Secretary is hereby authorized, empowered, and directed to certify these resolutions to the Texas Department of Housing and Community Affairs. Section 5. That a copy of the caption of this Resolution shall be spread upon the Minutes of the City Council. READ, ADOPTED, AND APPROVED, this day of 2014 AD, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor: Councilmembers: NOES: Mayor s.pr18196 ATTEST: City Secretary APPROVED AS TO FORM: (See Confidential Memo) City Attorney APPROVED FOR ADMINISTRATION: John A. Comeaux, P.E., Interim City Manager s.pr18196