HomeMy WebLinkAboutResolution No. 065-09 RESOLUTION
A RESOLUTION SUPPORTING A TAX CREDIT APPLICATION FOR A 40-UNIT MULTI-
FAMILY HOUSING PROJECT
WHEREAS, 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 a
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 application is predicated on local support of the
proposal.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Rochester that the City supports the application for the tax credits for a 40-unit multi-family
housing project to be known as Falcon Heights Townhomes.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS OD AY''Z OF F2009.
PRESIDENT OF SAID COMMON COUNCIL
ATTEST. .
ITY CLERK
APPROVED THIS c3ksJ DAY OF , 2009.
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MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
40Res05\ResSupport.FalconTaxCredits