HomeMy WebLinkAboutRES 022812-O - Senior Ltd Tax & HOMERESOLUTION NO.
A Resolution of the City Council of the City of Georgetown, Texas approving a
Housing Tax Credit proposal with Georgetown Senior Ltd , for the
development to be known as Georgetown Senior, located at 410 Shell Road;
and declaring an effective date
Whereas, Georgetown Senior Ltd. has proposed to construct a 120-unit senior multi-
family apartment complex to be known as Georgetown Senior at 410 Shell Road in the
City of Georgetown, Williamson County, to provide for affordable senior rental housing
within the Ci
Whereas, Georgetown Senior, Ltd. intends to submit an application to the Texas
Department of Housing and Community Affairs (TDHCA) for 2012 Housing Tax
Credits for Georgetown Senior;
Whereas, pursuant to §50.8(2)(A), Texas Administrative Code, Georgetown Senior, Ltd.
acknowledges that the City of Georgetown has more than twice the state average of
units per capita supported by Housing Tax Credits or Private Activity Bonds;
Be it therefore resolved that -
The City of Georgetown hereby approves of the proposed application for the
construction of Georgetown Senior and has voted specifically to authorize an allocation
of Housing Tax Credits for this development.
Adopted and approved by the City Council of the City of Georgetown on the 28th day of
February 2012.
ATTEST:
d
jyssj ca Brettle
Secretary
APPROVED AS TO FO
Bridget Chaprndn
Acting City Attorney
THE CTY OF GEORGETOWN:
George'arver
Mayor
Resolution Number: Page 1 of 1
Description: Georgetown Senior Tax Credit Resolution
Date Approved: 2/28/2012