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R-2025-228 - 8/28/2025 RESOLUTION NO. R-2025-228 A RESOLUTION OF THE CITY OF ROUND ROCK CITY COUNCIL EXPRESSING NO OBJECTION TO AN APPLICATION FOR NON- COMPETITIVE 4% FEDERAL TAX CREDITS FOR THE DEVELOPMENT OF AND CONSTRUCTION OF 3000 SUNRISE, AN AFFORDABLE MULTI-FAMILY RENTAL COMMUNITY TO BE LOCATED NEAR 3000 SUNRISE ROAD IN ROUND ROCK, TEXAS; MAKING VARIOUS FINDINGS AND PROVISIONS RELATING TO THE SUBJECT. WHEREAS, the City Council (the "City Council") of the City of Round Rock (the "City") finds that LSBD Round Rock Sunrise, LLC ("Applicant") has proposed to develop and construct an affordable multi-family rental community to be located near 3000 Sunrise Road in the City of Round Rock, Texas, described on Exhibit A, attached hereto and incorporated herein for all purposes, to be called 3000 Sunrise (the "Proposed Project"); and WHEREAS, the City Council finds that the Applicant has advised that it intends to submit, directly or through an affiliate, an application to the Texas Department of Housing and Community Affairs (the "TDHCA") for non-competitive 4% 2025 Housing Tax Credits for the Proposed Project (the "Application"). NOW, THEREFORE, BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: that in accordance with the requirements of Texas Government Code §2306.67071 and Texas Administrative Code §11.204(4), the City Council finds that: 1. The Applicant has provided the City Council, as the governing body of the City of Round Rock (the "Governing Body"), notice of its intent to file the Application in accordance with Texas Government Code §2306.67071(a); and 2. The Governing Body has had sufficient opportunity to obtain a response from the Applicant regarding any questions or concerns about the Proposed Project; and 3. The Governing Body has held a hearing at which public comment could be made on the Proposed Project in accordance with Texas Government Code §2306.67071(b); and 4. After due consideration of the information provided by the Applicant and public comment, the Governing Body does not object to the proposed Application; and BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, that for and on behalf of the Governing Body, the Mayor of the City of Round Rock, undersigned, is hereby authorized, empowered, and directed to certify these resolutions to the Authority and TDHCA. 0112.20252;4924-2981-3343 BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK,TEXAS: 1. That the findings contained in the preamble of this Resolution are determined to be true and correct and are hereby adopted as a part of this Resolution. 2. That the City Council hereby expresses that it has no objection to the Proposed Project, the development and construction of the Proposed Project, the Application, or the proposed allocation of Housing Tax Credits for the Proposed Project. 3. That this Resolution shall take effect immediately upon its passage and approval by the Mayor. 4. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 28441day of c.LSk , 2025. IA CRA eI TOR i� • N, Mayor City o' Roun• 'ock, Texas A 1" EST: AO N FRANKLIN, City Clerk 2 Exhibit A (Legal Description) 3 Exhibit A Legal Description BEING A DESCRIPTION OF A TRACT OF LAND CONTAINING 6.0351 ACRES ��D (262,889 SQUARE FEET),OUT OF THE DAVID CURRY SURVEY,ABSTRACT NO.130,IN WILLIAMSON COUNTY,TEXAS,AND BEING ALL OF A CALLED Land Surveying 17.811 ACRE TRACT CONVEYED TO GLOBAL FUNDAMENTALS, INC. IN PO Box 90876 DOCUMENT NO. 2014028558 OF THE OFFICIAL PUBLIC RECORDS OF Austin,TX 78709 WILLIAMSON COUNTY, TEXAS (O.P.R.W.C.T.), SAVE AND EXCEPT A 512 537 2384 www.4wardls.com CALLED 11.842 ACRE TRACT CONVEYED TO UPPER BRUSHY CREEK WATER CONTROL AND IMPROVEMENTS DISTRICT IN DOCUMENT NO. 2022087443 (O.P.R.W.C.T.), SAID 6.0351 ACRES BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING,at a 1/2-inch iron rod with"Baker-Aicklen"cap found in the west right-of-way line of Sunrise Road (also known as County Road 115,right-of-way varies),being the northeast corner of said 17.811 acre tract,being the northwest corner of a called 0.2075 acre right-of-way dedication to Williamson County,Texas in Volume 1544, Page 616(O.P.R.W.C.T.),and being the southeast corner of Lot 1,Block A,Sweet Home Subdivision,a subdivision recorded in Document No. 2009050273 (O.P.R.W.C.T.), for the northeast corner and POINT OF BEGINNING hereof,from which a 1/2-inch iron rod found in the west right-of-way line of said Sunrise Road,being the northeast corner of said Lot 1,and being the southeast corner of Lot 5,Luther Peterson Subdivision,a subdivision recorded in Cabinet M,Slides 75-79 of the Plat Records of Williamson County,Texas(P.R.W.C.T.),bears,N20°27'14"W, a distance of 452.70 feet; THENCE, with the west right-of-way line of said Sunrise Road, with the east line of said 17.811 acre tract, and with the west line of said 0.2075 acre right-of-way dedication,S21°16'50"E,a distance of 454.47 feet to a 1/2-inch iron rod with"Baker-Aicklen"cap found for the southeast corner hereof, said point being the southeast corner of said 17.811 acre tract, being the southwest corner of said 0.2075 acre right-of-way dedication, and being the northeast corner of Lot 4B, Block A, Chandler Crossing, Replat of Lot 4, a subdivision recorded in Cabinet DD, Slides 338-339(P.R.W.C.T., also recorded in Document No.2007082507, O.P.R.W.C.T.),from which a 1/2-inch iron rod found for a point of curvature in the west right-of-way line of said Sunrise Road,being a point of curvature in the east line of said Lot 4B,bears, S21°37'56"E,a distance of 587.20 feet; THENCE,leaving the west right-of-way line of said Sunrise Road,with the common line of said 17.811 acre tract and said Lot 4B,S68°06'58"W,a distance of 639.43 feet to a 1/2-inch iron rod with"4Ward Boundary"cap set for the southwest corner hereof,said point being the southeast corner of said 11.842 acre tract; THENCE,over and across said 17.811 acre tract,and with the east line of said 11.842 acre tract,the following four (4)courses and distances: 1) N01°00'09"E,a distance of 167.04 feet to a 1/2-inch iron rod with"4Ward Boundary"cap set for an angle point hereof, 2) N06°37'08"W,a distance of 104.88 feet to a 1/2-inch iron rod with"4Ward Boundary"cap set for an angle point hereof, 3) N21°24'04"W,a distance of 109.51 feet to a 1/2-inch iron rod with"4Ward Boundary"cap set for an angle point hereof,and 4) N33°23'22"W, a distance of 98.72 feet to a 1/2-inch iron rod with"4Ward Boundary"cap set for the northwest corner hereof,said point being in the north line of said 17.811 acre remainder tract,being the northeast corner of said 11.842 acre tract,and being in the south line of said Lot 1,from which a 1/2-inch iron rod with"Baker-Aicklen"cap found for the northwest corner of said 11.842 acre tract,being the southwest corner of said Lot 1, being the southeast corner of Lot 2,of said Sweet Home Subdivision,and being the northeast corner of a called 10.5157 acre tract conveyed to the City of Round Rock, Texas in Volume 1544, Page 621 of the Official Records of Williamson County, Texas (O.R.W.C.T.), bears, S68°48'21"W, a distance of 1,475.37 feet; P:\02044\Metes&Bounds&Certifications\02044_MB.docx Page 1 of 2 Exhibit A THENCE,with the common line of said 17.811 acre tract and said Lot 1, N68°48'21"E, passing at a distance of 357.97 feet a 5/8-inch iron rod found for a point on line, and continuing for a total distance of 570.45 feet to the POINT OF BEGINNING hereof and containing 6.0351 Acres(262,889 Square Feet)more or less. NOTE: Surveyed on the ground on May 19,2025. All bearings are based on the Texas State Plane Coordinate System,Grid North,Central Zone(4203),all distances were adjusted to surface using a combined scale factor of 1.000123015912. See attached drawing(reference drawing:02044.dwg). TRRO CO Ul 5/205 < ' 'U N. > • Paul Guerrero,RPLS#5992 �` 0 s s2°+moOf , 4Ward Land Surveying,LLC 0 s U R TBPLS Firm#10174300 P:\02044\Metes&Bounds&Certifications\02044_MB.docx Page 2 of 2