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HomeMy WebLinkAbout032039 RES - 02/25/2020 Resolution of the City Council of the City of Corpus Christi, Texas identifying an affordable housing project known as Washington Coles Apartments to be developed by Washington Coles Apts., LP as a project which contributes most significantly to the City's concerted revitalization efforts in a designated area Whereas, Washington Coles Apts., LP. (the "Applicant") has proposed a development project to construct approximately 86 apartments of which 56 will provide affordable housing that is to be located at 1124 Martin Luther King Dr., Corpus Christi, Texas 78401 and named Washington Coles Apartments ("Washington Coles Apartments 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 Washington Coles Apartments Project. Whereas, on February 11, 2020 the City Council by resolution acknowledged support for the proposed Washington. Coles Apartments Project at 1124 Martin Luther King Dr., 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 Washington Coles Apartments Project located at 1124 Martin Luther King Dr., Corpus Christi, Texas 78401 as the proposed Tax Credit Application for 2020 that contributes most significantly to the city's concerted revitalization efforts in the designated area of the Downtown Area Development Plan. 032039 SCANNED PASSED AND APPROVED this ' day of , 2020. Joe McComb Roland Barrera N Rudy Garza Paulette M. Guajardo Gil Hernandez Michael Hunter Ben Molina P\1Q-.AEverett RoykQ, Greg Smith 111 ATTEST: CITY OF CORPUS CHRISTI 1J. I/k- 'e•ecca Huerta Joe (Comb City Secretary Ma • 032n39