R-2017-4242 - 3/9/2017 RESOLUTION NO. R-2017-4242
WHEREAS, Pedcor Investments-2016-CLX, L.P., a Limited Partnership (the
"Applicant") previously proposed a development for an affordable rental housing development
for up to 256 dwelling units (the "Project") to be located at approximately 2250/2300 Old
Settlers Boulevard East in the City of Round Rock, Williamson County, Texas; and
WHEREAS, the Applicant proposed to apply for financing for the Project, including
Low Income Housing Tax Credits ("Tax Credits") from the Texas Department of Housing and
Community Affairs ("TDHCA"); and
WHEREAS, the City of Round Rock conducted a public hearing regarding the Project in
accordance with Texas Government Code § 2306.67071(a); and
WHEREAS, on November 22, 2016, the City Council approved Resolution No. 2016-
3926 expressing no objection to the Project, and subsequently, on December 13, 2016 entered
into a Development Agreement with the Applicant; and
WHEREAS, the Applicant now desires to amend the Project to include more than 256
dwelling units in the Project; and
WHEREAS, the City has conducted an additional public hearing to consider testimony
with regard to the Applicant's addition of dwelling units to the Project;Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS,
SECTION ONE. The City of Round Rock has received notice and information from the
Applicant with regard to the Project in accordance with Texas Government Code
§ 2306.67071(a).
0112.1704;00373865/ss2
SECTION TWO. The City of Round Rock has had sufficient opportunity to obtain a
response from the Applicant regarding any questions or concerns it may have about the Project.
SECTION THREE. The City of Round Rock has conducted an additional public
hearing at which public comment may be made in accordance with Texas Government Code
§ 2306.67071(b) and, after due consideration of the information provided by the Applicant and
the comments from the public, the City of Round Rock does not object to the Applicant's
increasing the number of dwelling units in the Project to and the application
for Tax Credits to TDHCA.
SECTION FOUR. This Resolution shall become effective immediately upon its
passage. Sara L. White, City Clerk, is hereby authorized, directed, and empowered to certify
these resolutions to TDHCA.
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 91" day of March, 2017.
ALAN MCGRAW, Mayor
City of Round Rock, Texas
ATTEST:
2rog.�
SARA L. WHITE, City Clerk
2