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HomeMy WebLinkAboutResolution No. 178-15 - HousingTaxCredit.FirstAveFlatsRESOLUTION A RESOLUTION SUPPORTING A TAX CREDIT APPLICATION FOR THE REHABILITATION OF A 68-UNIT WORKFORCE HOUSING PROJECT KNOWN AS FIRST AVENUE FLATS WHEREAS, Joseph Development has proposed to build a 68-unit workforce housing project in the City of Rochester; and, WHEREAS, the housing project was presented to the Rochester Common Council and received the support of that group; and, WHEREAS, the housing proposal meets the needs of the City of Rochester as to the prevention of slum and blighting conditions; and, WHEREAS, the success of the application 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 the construction of a 68- unit workforce housing project known as First Avenue Flats. BE IT FURTHER RESOLVED that this resolution of support is subject to the City's approval of Restricted Development #R2014-022CUP and any City assistance to the project occurring upon Council approval after a public hearing has been held. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS DAY OF , 2015. ATTEST: CITY CLERK PRESIDENT OF SAID COMMON COUNCIL APPROVED THIS DAY OF , 2015. MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota) Res 15\Su pport. TaxCred itJoDev1