Loading...
RESO 2004-05 - Support Tejas Housing, Essex Villages LP, The Villages, Midway DriveRESOLUTION NO. 2004-05 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, IN SUPPORT OF THE VILLAGES COMMUNITY. WHEREAS, Essex Villages LP proposes to build The Villages, a town home and apartment flat community, on approximately 18 acres located on Midway Drive in Huntsville, Texas, and WHEREAS, The Villages community will be comprised of a community center building containing on- site management offices, residential activity areas, as well as 100 units; and WHEREAS, The Villages community will consist of one, two and three bedroom units, which will be beneficial to families, whose income is below the county's median income level in the City of Huntsville; and WHEREAS, Essex Villages LP development application for The Villages community will be submitted in the Texas Department of Housing & Community Affairs' 2004 tax credit round for Region 3. WHEREAS, Because of Texas Department of Housing & Community Affairs' housing need high score and the strong demand for affordable housing in the City of Huntsville, this development should be supported by the City Council. WHEREAS, Essex Villages, LP will become a member of the community of Huntsville and will pay all city and county taxes. WHEREAS, The City of Huntsville will agree to waive permit fees and connection fees up to the maximum amount of $80,100.00 to be utilized as leverage as defined in the 2004 Qualified Allocation Plan for Low Income Housing Tax Credits in the State of Texas. The financial commitment will allow The Villages community to score high points. WHEREAS, The City Council of Huntsville agrees to support a plan of action to facilitate a financial commitment to reach said goal. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE: That the City Council finds that Tejas Housing & Development, Inc. has the historical experience in developing high quality affordable communities for the City of Huntsville. BE IT FURTHER RESOLVED That the City Council offers its full support to the proposed The Villages community, including financial commitment. In addition, the City Council supports the efforts to receive an allocation from the Texas Department of Housing and Community Affairs for Low Income Housing Tax Credits in 2004. APPROVED AND ADOPTED by the City Council of the City of Huntsville on this the 3rd day of February 2004. ATTEST: Danna Welter, City Secretary CITY •F TSVJLJ , TEXAS Karl Davidson, Mayor APPROVED AS TO ORM: la Thomas Leepe l'ity A ti orney