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ORD 2007-09 - Avenue H - 10th Street Lots Authorize Sale 03-20-2007ORDINANCE NO. 2007 -09 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, FINDING A PUBLIC PURPOSE FOR THE SALE OF CITY -OWNED LOTS FOR LOW OR MODERATE- INCOME HOUSING; AUTHORIZING THE SOLICITATION OF PROPOSALS FOR THE PURCHASE OF THE LOTS; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City of Huntsville purchased property in the 900 block of Avenue H in order to contract with a non profit corporation for the construction of low and/or moderate - income housing; WHEREAS, the City Council finds that there is a great need for low or moderate - income housing within the City; WHEREAS, the property should be sold to an appropriate non - profit organization to provide low and moderate- income housing in Huntsville and Walker County and to promote home ownership by low- income individuals and families; and WHEREAS, the City Council finds that it would be appropriate to sell the property that the City owns in the 900 block of Avenue H to suitable non -profit organization in order for the construction of low and /or moderate - income housing; and WHEREAS, the City Council specifically finds that it would be appropriate to sell this property at less than its fair market value in order to provide such housing; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, that: SECTION 1: The property owned by the City of Huntsville, Texas, in the 900 block of Avenue H shall be offered for sale to a nonprofit organization that develops housing for low- income individuals and families as a primary activity or a non -profit corporation described by 26 U.S.C. Section 501(c)(3) that has been incorporated in this state for at least one year, has a corporate purpose to develop affordable housing that is stated in its articles of incorporation, by -laws or charter, has at least one -fourth of its board of directors residing in the municipality, and engages primarily in the building, repair, rental or sale of housing for low- income individuals and families for the purpose of constructing low and/or moderate - income housing and selling the same to qualified purchasers, and the City Manager is authorized to determine terms and conditions for the bidding for the sale of said property consistent with this Ordinance and which will provide low and/or moderate - income housing within the City. SECTION 2: Low - income individuals and families means individuals and families earning not more than eighty per cent (80 %) of the area median income or applicable federal poverty line, as determined under Section 2306.123 or Section 2306.1231 of the Texas Government Code. SECTION 3: This Ordinance shall become effective from and after the date of its passage. PASSED AND APPROVED THIS 20TH DAY ( ATC Danna Welter, City Secretary APP OVED AS TO F . Thomas A. Leeper ty Aftomey