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HomeMy WebLinkAboutResolution No. 194-11 RESOLUTION A RESOLUTION SUPPORTING A TAX CREDIT APPLICATION FOR A 40 UNIT MULTI- FAMILY HOUSING PROJECT TO BE KNOWN AS FALCON HEIGHTS TOWNHOMES WHEREA S, Falcon Heights Townhomes of Rochester Limited Partnership has proposed to build a 40 unit Multi-Family housing development in the City of Rochester; and, WHEREAS, the housing proposal was presented to the Rochester City Council and received support of that group; and, WHEREAS, the housing proposal meets the needs of the City of Rochester and Market Study will be completed by Woods Consulting to support the need and the housing for low to moderate income persons is hereby found to be in short supply; and, WHEREAS, the success of the app ication is predicated on local support of the proposal. NOW, THEREFORE, BE IT RESOLVED by the City of Rochester Common Council that the City of Rochester supports the application for the tax credits for a 40 unit multi-family Dousing project to be known as Falcon Heights Townhomes. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS I =YF Aq&Q 011. PRESIDENT OF SAID COMMON COUNCIL ATTEST: "e—IJ CITY CLERK APPROVED THIS /9i7+ DAY OF #Atje , 2011. MAYOR OF SAID CITY eal of the City of ochester, Minnesota) Res 10\S u pport.TaxCreditFatccn2