HomeMy WebLinkAbout029183 RES - 08/30/2011RESOLUTION
DECLARING THE CITY OF CORPUS CHRISTI'S STRONG SUPPORT FOR A
CARRY FORWARD DESIGNATION FOR THE PALMS AT LEOPARD STREET
WHEREAS, The Palms at Leopard Street, Ltd. has submitted an application to the Texas
Department of Housing and Community Affairs (TDHCA) for 2011 Housing Tax Credit Funds,
which is a compelling, high impact community development for affordable rental housing on a
tract of land on Palm Avenue between Lipan Street and Leopard Street named "The Palms at
Leopard Street" in the City of Corpus Christi, Texas; and,
WHEREAS, The City of Corpus Christi unanimously adopted a resolution on February
22, 2011 formally expressing support, committing HOME funds, for the development of The
Palms at Leopard Street as its first and sole priority application in the Regional 10 -Urban area
designated by the State of Texas that includes the City.
WHEREAS, The City of Corpus Christi recognizes the many compelling attributes
connected with the development of The Palms at Leopard Street, including support from the US
Housing and Urban Development (HUD) to replace a marginal and obsolete property to an
attractive new location, preservation of Section 8 subsidies which could be lost, strong resident
and CCISD support, as well as bringing much needed reinvestment to a major Urban Core area
of the City marked by a medium and high density residential and commercial uses;
WHEREAS, the TDHCA Board has, at its sole discretion, the authority to issue
"Forward Commitments" based on a variety of project criteria, including the timing and
uniqueness of The Palms at Leopard Street project and the strength of local community support.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF CORPUS CHRISTI, TEXAS THAT:
Section 1. The City of Corpus Christi reiterates its first priority support for a "Forward
Commitment" to address the critical needs and time sensitivity associated with any delay in
development of The Palms at Leopard Street in the Regional 10 -Urban area designated by the
State of Texas that includes the City. Copies of this resolution will be sent to the TDHCA Board
and members of the Coastal Bend State Delegation.
DULY adopted at a regular meting of the City Council of the City on the b day of
, 2011.
ATTEST:
CITY OF CORPUS CHRISTI
By: B
Y
Armando Chapa 7 e Adame, Mayor
City Secretary
029183
INDEXED
APPROVED AS TO LEGAL FORM:
TLCs 25 < Z25 i 2011
By:
Carlos Valdez, City Att
029183
Corpus Christi, Texas
of
,2011
The above resolution was passed by the following vote:
Joe Adame
Chris N. Adler
Larry Elizondo, Sr.
Kevin Kieschnick
Priscilla G. Leal
David Loeb
John E. Marez
Nelda Martinez
Mark Scott
aki,
Opp
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