R444CITY OF KENNEDALE, TEXAS
RESOLUTION NO. 444
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF KENNEDALE, TEXAS
REGARDING KENNEDALE SENIORS AT S. NEW HOPE RD FOR SUPPORT,
REVITALIZATION EFFORTS, AND LOCAL POLITICAL SUBDIVISION FUNDING
WHEREAS, Kennedale Seniors, Ltd has proposed a development for a Senior -only
affordable unit complex located on 332 S. New Hope Rd, named Kennedale Seniors, in
the city of Kennedale, Tarrant County, Texas;
WHEREAS, Kennedale Seniors, Ltd has advised that it intends to submit an application
to the Texas Department of Housing and Community Affairs (TDHCA) for 2015
Competitive 9% Housing Tax Credits for Kennedale Seniors;
WHEREAS, Chapter 380 of the Texas Local Government Code authorizes municipalities
to administer programs to establish and provide for the making of loans and grants of
public funds for the purpose of promoting state and local economic development and to
stimulate business and commercial activity in the municipality;
It is hereby RESOLVED, that the City of Kennedale, acting through its governing body,
hereby confirms that it supports the proposed development of Kennedale Seniors located
on 332 S New Hope Rd in the City of Kennedale, Tarrant County, Texas and its
application to the TDHCA.
FURTHER RESOLVED, that the city of Kennedale, acting through its governing body,
hereby confirms that the proposed Kennedale Seniors development located on 332 S New
Hope Rd, Kennedale, Texas most significantly contributes to the concerted revitalization
efforts of the City of Kennedale and
FUTHER RESOLVED, that the City of Kennedale, acting through its Governing Body,
will through a development agreement provide off -site street and utility line extensions in
excess of One Hundred Thirty Nine Thousand ($139,000) to serve the proposed
Kennedale Seniors development located on 332 S. New Hope Road, Kennedale, Texas.
FURTHER RESOLVED, that the funds committed by the City of Kennedale for this
project shall not be funds passed through by the Applicant, Developer, Consultant,
Related Party, or any entity acting on behalf of the proposed Application;
FUTHER RESOLVED, that for and on behalf of the Governing Body, Mayor Brian
Johnson is hereby authorized, empowered, and directed to certify these resolutions to
TDHCA. This formal action has been taken to put on record the opinion expressed by
the City of Kennedale on 16 day of February, 2015.
PASSED AND APPROVED by the City Council of the City of Kennedale, Texas on the
16 day of February, 2015.
'�B �1
Brian Johnson, N �or
APPROVED AS TO FORM AND LEGALITY:
Wayne K. Olson, City Attorney