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HomeMy WebLinkAboutM2025-037 - 04/08/2025City of Corpus Christi April 08, 2025 Motion: M2025-037 1201 Leopard Street Corpus Christi, TX 78401 cctexas.com File Number: 25-0404 Enactment Number: M2025-037 Motion to approve the Affordable Housing Program project between the Corpus Christi B Corporation (Type B) and TG 110 Palms at Morris, LP in an amount not to exceed $1,160,100.00 for the development of 72 affordable senior housing rental units located at Morris and 19th Streets, in Council District 1, which will provide low-income housing for senior residents. At a meeting of the City Council on 4/8/2025, this Motion was passed. Aye: 6 Council Member Vaughn, Council Member Campos, Mayor Guajardo, Council Member Cantu, Council Member Paxson, and Council Member Roy Nay: 1 Council Member Hernandez Abstained: 2 cso- - ber Barrera, and Council Member Scott Attest: r'^ Paulette Guajardo, Mayor l' Rebe ca Huerta, City Secretary City of Corpus Christi Page 1 Printed on 4/9/25 SCANNED CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officers that the money required for the current fiscal year's portion of the contract, agreement, obligation or expenditure described below is in the Treasury to the credit of the Fund specified below, from which it is to be drawn, and has not been appropriated for any other purpose. Future payments are subject to annual appropriation by the City Council. City Council Action Date: April 08, 2025 Legistar Number: 25-0404 Agenda Item: Motion to approve the Affordable Housing Program project between the Corpus Christi B Corporation (Type B) and TG 110 Palms at Morris, LP in an amount not to exceed $1,160,100.00 for the development of 72 affordable senior housing rental units located at Morris and 19th Streets, which will provide low-income housing for senior residents. Amount Required: $1,160,100.00 Fund Name Fund Department Org Account Amount Type B Housing 1147 57 15000 530000 $1,160,100.00 Total $1,160,100.00 ❑s Certification Not Required 52-,n U(.6‘---- Director of Financial Services Date: 1"1, IL/ -)5