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CC Resolution No. 2973 RESOLUTION NO. 2973 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, REGISTERING NO OBJECTION TO THE ATRIUM BAY TERRACE, LP'S PROPOSED REHABILITATION OF THE BAY TERRACE APARTMENTS AND POSSIBLE ALLOCATION OF 4°o AND 9°o LOW INCOME HOUSING TAX CREDIT FOR THE PROJECT; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. *************************************************************************** WHEREAS, Atrium Bay Terrace, LP, is seeking a declaration from the City of Baytown that it does not object to the allocation of 40 o and 91 o Low Income Housing Tax Credit ("LIHTC") for its proposed rehabilitation of 130 affordable rental housing units at the Bay Terrace Apartments located at 1502 Nolan Road in the corporate limits City of Baytown, Harris County, Texas (the "Project"); and WHEREAS, Resolution No. 1913 of the City Council of the City of Baytown, opposes any additional low income housing tax credit("LIHTC") units within the City; and WHEREAS, Resolution No. 2087 amends Resolution No. 1913 to provide a limited exception that allows the City Council to consider the approval of an application for low income housing tax credit units associated with the Texas Department of Housing and Community Affairs' Low Income Housing Tax Credit Program (LIHTC); and WHEREAS, the Project in the City's corporate limits does not create new subsidized housing but merely proposes to upgrade the existing housing stock; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section l: That in accordance with the requirements of Tex. Gov't Code §2306.67071 and Texas Administrative Code §11.204(4), the City Council hereby finds that: a. notice was provided to the City Council in accordance with Tex. Gov't Code, §2306.67071(a); and b. the City Council has had sufficient opportunity to obtain a response from the Applicant regarding any questions or concerns about the proposed Development; and C. on February 13,2025, the City Council held a hearing at which public comment may be made on the proposed Project in accordance with Tex. Gov't Code, §2306.67071(b); and d. after due consideration of the information provided by Atrium Bay Terrace, LP, and public comment, the City Council does not object to the proposed application for the allocation of 40 o and 90 o LIHTC for the Project. Section 2: That the City Council hereby registers no objection to the rehabilitation of the Piedmont Apartments pursuant to Tex. Gov't Code §2306.6703(a)(4) and no objection to Atrium Bay Terrace, LP applying and receiving the 40,o and 900 Low Income Housing Tax Credit(LIHTC) through the Texas Department of Housing and Community Affairs (TDHCA) to rehabilitate the Bay Terrace Apartments. Section 3: That the City Clerk is hereby authorized and directed to send a certified copy of this resolution to the Texas Department of Housing and Community Affairs. Section 4: This resolution shall take effect immediately from and after its passage by the City Council of the City of Baytown, Texas. INTRODUCED, READ and PASSED by the City Council of the City of Baytown this the 131h day of February, 2025. C ARLES J SON, Mayor ATTEST: . Lr'% A 01 O• •oa-yp`� CJ; °e N SYS ANGELA J SON, Ci C��xk 90.T°p°eeoo^°•" ��� APPROVI~D AS O FORM: F OF'V SCOTT LE OND, City Attorney R:�Ordinanccs and Resolut ions.Resolution Drafts City Council 2025-02-13 Resolution No Objection.Lo%% Income Housing Tax Credit.Atr1um.mb.docx 2