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9 c,TEi14 ; ;Lfti.on prepared by Nancy Eckert, City Clerk, 715 Mulberry
1rloo, Iowa.
`� RESOLUTION NO. 2003-741
H LIJ t tri tT'J
1-4o s 1-10 oyt RESOLU�'I0N SUPPORTING SUBMISSION OF
• E� APPLICATION TO THE IOWA FINANCE AUTHORITY FOR
cA tti o ca tOW-INCOME HOUSING TAX CREDITS BY JAY TREVOR
o to t x BA ROOSEVELT HOUSING PARTNERS L. P. TO ASSIST
�-+ s o o; to (z) INANCING OF ROOSEVELT GRADE SCHOOL
CO o ENOVATIONS IN THE CITY OF WATERLOO.
-i H C} I---t co Cl) CO E-f
o 3iniE'd 4%, the City of Waterloo, Iowa has been informed by Jay
crre c ' Pa A$ Roosevelt Housing Partners L.P. that a Low-Income
iouglg `aK Credit Application will be filed with the Iowa Finance
Authority for the development of affordable rental housing
consisting of a 21-unit senior housing complex to be located at
200 East Arlington, Waterloo, Iowa with a legal description as
follows:
Gates Park Place Block 2, all in the City of Waterloo,
Black Hawk County, Iowa.
WHEREAS, this housing project will contain twenty-one (21)
units, and
WHEREAS, the units will be targeted toward elderly, and
WHEREAS, the project will be an adaptive reuse or
rehabilitation, and
WHEREAS, Mr. Trevor has requested local assistance through a
Tax Abatement.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF WATERLOO CITY
COUNCIL, that we support and approve the development of the
aforesaid housing in our community, subject to city ordinances and
the building permit process. This resolution is effective until
November 3, 2004 . In the event that any of the characteristics
mentioned above should change prior to the issuance of a building
permit, this resolution is null and void.
PASSED AND ADOPTED this 3rd day of November, 2003.
Jo .1 ooff, Ma ift
ATTEST,
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Nancy Eckert City Clerk