HomeMy WebLinkAboutResolution No. 2013-03 RESOLUTION NO. R2013-03
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF FRIENDSWOOD, TEXAS, SUPPORTING HILDAY
_ OPERATING, LLC APPLICATION TO THE TEXAS
DEPARTMENT OF HOUSING AND COMMUNITY
AFFAIRS (TDHCA)FOR 2013 HOUSING TAX CREDITS.
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WHEREAS, IZilday Operating, LLC has proposed to expand their Gardens at
Friendswood Lalces development for seniors located at 1423 W. Parkwood Avenue in the City of
Friendswood, Galveston County; and,
WAEREAS, Kilday Operating, LLC intends to submit an application to the Texas
Department of Housing and Community Affairs (TDHCA) for 2013 Competitive (9%) Housing
Tax Credit(HTC)Program; and,
WHEI2EAS, Kilday Operating, LLC is seeking support for their 2013 Competitive (9%)
HTC Program application;
NOW, THEREFORE, BE IT RESOLV�D BY THE CITY COUNCIL OF THE CITY OF
FRIENllSWOOD,TEXAS:
Section 1. That the City Council of the City of Friendswood, Texas, hereby supports the
Applicant's application to TDHCA far 2013 Competitive (9%) HTC Program.
Section 2. That the City Council affirms that the City's commitment is limited to the
support stated herein and that no monetary or in-kind contributions shall be provided.
Additionally, the City shall in no way be liable for any debts or default of the applicant to the
TDHCA. Fm�ther, approval of this Resolution shall not serve to waive any development permits
and/or approvals which the applicant may be required to secure in order to expand the Gardens at
Friendswood Lakes development.
Section 3. That this Resolution shall be in full force and effect fi�om and after its passage
and adoption. ''
PASSED,APPROVED,AND RESOLVED this 4��' day of Februarv,2013.
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I�evin M. Hql and
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Mayor
ATTEST:
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Melinda Welsh, TRMC ;*E '� �
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