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HomeMy WebLinkAbout032038 RES - 02/25/2020 Resolution of the City Council of the City of Corpus Christi, Texas identifying an affordable housing project known as Village at McArdle to be developed by TG 110, Inc as contributing most significantly to the revitalization efforts within a designated area Whereas, TG 110, Inc (the "Applicant") has proposed a development project to construct approximately 82 apartments of which 70 will provide affordable housing that is to be located at 5314 McArdle Rd., Corpus Christi, Texas 78401 and named Village at McArdle Apartments ("Village at McArdle Project"); and Whereas, the Applicant intends to submit an application to the Texas Department of Housing and Community Affairs ("TDHCA") for 2020 Housing Tax Credits for the Village at McArdle Apartments Project. Whereas, on February 11, 2020 the City Council by resolution acknowledged support for the proposed Village at McArdle Apartments Project located at 5314 McArdle Rd., Corpus Christi, Texas NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: Section 1. The City Council for the City of Corpus Christi herby supports the development and has selected the Village at McArdle Apartments Project located at 5314 McArdle Rd., Corpus Christi, Texas as the proposed Tax Credit Application for 2020 that contributes most significantly to the city's concerted revitalization efforts within the designated area of the Southeast Area Development Plan area. 032038 SCANNED PASSED AND APPROVED this 3- day of r411_ � 2020. Joe McComb Roland Barrera Jr_),5 Rudy Garza Paulette M. Guajardo Gil Hernandez Michael Hunter ,A1R Ben Molina Everett Roy Greg Smith ATTEST: CITY OF CORPUS CHRISTI Re iecca Huerta Jo cComb City Secretary M y r 032018