HomeMy WebLinkAboutResolution 4797-06-2017 A Resolution
NO. 4797-06-2017
A RESOLUTION OF NO OBJECTION TO SUPPORT A HOUSING TAX CREDIT
APPLICATION FOR THE REHABILITATION OF CASA, INC.
WHEREAS, the City of Fort Worth's 2017 Comprehensive Plan is supportive of the
preservation, improvement, and development of quality, affordable, accessible rental and ownership
housing;
WHEREAS, the City of Fort Worth's 2013-2018 Consolidated Plan makes the development of
quality, affordable, accessible rental housing units for the City's low income residents a high priority;
WHEREAS, CI Affordable Preservation, LP, an affiliate of Texas Housing Foundation, has
proposed rehabilitation on a 201-unit senior multifamily rental housing development named Casa, Inc.,
located at 3201 Sondra Drive, in the City of Fort Worth, which includes units affordable to households
with incomes at or below 60% of Area Median Income;
WHEREAS, CI Affordable Preservation, LP has advised the City that it intends to submit an
application to the Texas Department of Housing and Community Affairs for 2017 Non-Competitive
(4%) Housing Tax Credits to finance a portion of the costs of the rehabilitation.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FORT WORTH, TEXAS,THAT:
1. Notice of intent to file an application for Non-Competitive (4%) Housing Tax Credits for the
rehabilitation of Casa, Inc. has been provided to the City Council by CI Affordable
Preservation, LP in accordance with Section 2306.67071(a) of the Texas Government Code.
2. The City Council has had sufficient opportunity to obtain a response from CI Affordable
Preservation, LP regarding any questions or concerns about the proposed development.
3. The City Council has held a hearing for the purpose of receiving public comment on the
proposed development in accordance with Section 2306.67071(b) of the Texas Government
Code.
FORTWORTH
Resolution No. 4797-06-2017
4. After due consideration of the information provided by CI Affordable Preservation, LP and
any public comment on the proposed development, the City Council does not object to the
application of CI Affordable Preservation, LPto the Texas Department of Housing and
Community Affairs for 2017 Non-Competitive (4%) Housing Tax Credits for the purpose of
the rehabilitation of Casa, Inc.
Adopted this 13th day of June, 2017.
OF FORT
ATTEST:
U:
* `2
By.
Mary J. KaJs , Cit Secr y S.
ORTWORTFH
COOPERATION AGREEMENT
BETWEEN
THE CITY OF FORT WORTH, TEXAS
AND THE
TEXAS HOUSING FOUNDATION
WHEREAS, on , 2017 under provisions of the Texas Local Government
Code, Section 392.017(d), the City of Fort Worth, Texas, a home rule municipality organized
under the laws of the State of Texas (the "City"), declared that there is a need for the Texas
Housing Foundation, a Texas regional housing authority organized under Chapter 392 of the
Texas Local Government Code, to exercise its powers within the territorial boundaries of the
City because there exists in City a shortage of safe and sanitary housing available to lower
income persons at rentals they can afford;
WHEREAS, Texas Local Government Code, Section 392.017(d), requires that the City
Council adopt a resolution authorizing the Texas Housing Foundation to exercise its powers in
the City, and authorizing a cooperation agreement under Section 392.059(a);
WHEREAS, on , 2017 the Board of Commissioners of the Texas Housing
Foundation also adopted a resolution to exercise its powers in the City and authorized a
execution of the Agreement under Section 392.059(a);
NOW, THEREFORE, the parties hereto, the City, and the Texas Housing Foundation
agree as follows:
Section 1: Cooperation Agreement. The City and the Texas Housing Foundation agree to
cooperate under this Cooperation Agreement (the "Agreement") to allow the Texas Housing
Foundation, to provide housing for lower income seniors in the City, consistent with the
provisions below.
Section 2: Housing Project Authorization. The Texas Housing Foundation, is authorized
to exercise its powers under the Texas Housing Authorities Law, Texas Local Government Code,
Chapter 392, to finance, plan undertake, or operate a housing rehabilitation project known as
Casa, Inc. and located at 3201 Sondra Drive, Fort Worth, Texas 76107 as provided in this
Agreement.
Section 3: Housing Authority Authorization. The Texas Housing Foundation is
authorized to acquire land, develop site improvements, and rehabilitate buildings for the housing
development within the territorial boundaries of the City, and to operate and manage such project
for the benefit of lower income seniors of the City.
Section 4. Annual Reports. The Texas Housing Foundation shall submit within 120 days
after the end of its fiscal year a report to the City Manager or his designee of the City describing
the housing and services operation undertaken for the benefit of lower income seniors of the City
of Fort Worth and other activities of the Texas Housing Foundation in the City.
Cooperation Agreement 11 P a g e
Texas Housing Foundation Rev. 6.1.17
Casa, Inc. Redevelopment
Section 5. Preservation of Authority. No applicable provision or intention in this
Agreement limits the authority or power of the City to exercise its powers under any law. No
provision or intention in. this Agreement limits the authority or power of the Texas Housing
Foundation to exercise its powers under the Texas Housing Authorities Law, Texas Local
Government Code, Chapter 392, to finance, plan, undertake, construct, or operate a housing
project under this Agreement or in the area of operation of the Texas Housing Foundation
defined in Texas Local Government Code 392.013.
Section 6. Implementation. The City Manager or his designee of the City and the
President of the Texas Housing Foundation are authorized to take any reasonable and necessary
action to effectuate and implement the direction and intention of this Agreement and the
authorizing resolutions.
EXECUTED and EFFECTIVE as of the last date indicated below by the parties'
signatures.
CITY OF FORT WORTH TEXAS HOUSING FOUNDATION, a Texas
regional housing authority
By: By:
Fernando Costa, Assistant City Manager Mark Mayfield, President
Date: Date:
APPROVED AS TO FORM AND LEGALITY:
By:
Paige Mebane, Assistant City Attorney
ATTEST:
By:
City Secretary
M&C: Date:
Cooperation Agreement 2 P a g e
Texas Housing Foundation Rev. 6.1.17
Casa, Inc. Redevelopment
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Legend
West 7th—Urban Village
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City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 6/13/2017 - Ordinance Nos. 22757-06-2017 & 22758-06-
2017
DATE: Tuesday, June 13, 2017 REFERENCE NO.: **G-19023
LOG NAME: 20FW SOUTH PAVEMENT CO FUNDS
SUBJECT:
Authorize Acceptance of Funds from La Vida Urban Living, LLC, in the Amount of$35,624.00 to Provide
Additional Funds for the Near Southside Medical District Water and Sanitary Sewer Main Improvements
Project, Authorize Transfer of Funds in the Stormwater Capital Projects Fund to the Council District 9
Street Repair and Reconstruction Project and Adopt Appropriation Ordinances (COUNCIL DISTRICT 9)
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the acceptance of funds from La Vida Urban Living, LLC, in the amount of$35,624.00;
2. Adopt the attached the appropriation ordinances increasing receipts and appropriations from available
funds in the Water Capital Fund in the amount of$11,142.40 and in the Sewer Capital Fund — Legacy in
the amount of$24,481.60 to provide additional funding for the Near Southside Medical District Water and
Sanitary Sewer Main Improvements Project (CO2245); and
3. Authorize the transfer of appropriated funds in the Stormwater Capital Projects Fund in the amount of
$12,481.00, from available funds to the Council District 9 Street Repair and Reconstruction Project
(CO2375).
DISCUSSION:
On August 23, 2016, (Mayor and Council Communication (M&C) C-27883) the City Council authorized a
contract with McClendon Construction, Company, Inc. (City Secretary Contract No. 48148) in amount of
$3,079,663.55 for Round 1 of the combined Council District 9 Street Repair and Reconstruction Program
(CO2375) and the Near Southside Medical District Water and Sanitary Sewer Main Improvements Project
(CO2445) to address needed street improvements, water and sanitary sewer upgrades (to replace aging
facilities and provide additional capacity to accommodate anticipated development) and to facilitate
redevelopment and revitalization in identified areas of the Near Southside District. After construction
started, a property owner on College Avenue, La Vida Urban Living, LLC, approached the City of Fort
Worth about having its existing utility services upgraded to a larger size. An Agreement was made with the
property owner to pay for the cost difference. The project would incorporate these upgrades by change
order. This M&C is to accept and appropriate these private funds into the Near Southside Medical District
Water and Sanitary Sewer Main Improvements Project. This M&C also authorizes a $12,481.00 transfer of
Stormwater Capital Project Funds to cover a portion of Change Order No. 1 cost to replace existing
undersized storm drain laterals in the Council District 9 Street Repair and Reconstruction Project.
Authorizations provided with this M&C will result in no additional annual operating impacts to the
Transportation and Public Works Department's or Water Department's operating budgets.
Logname: 20FW SOUTH PAVEMENT CO FUNDS Page 1 of 2
The project is located in COUNCIL DISTRICT 9, Mapsco 76H, 76M, 77E and 77J.
This M&C does not request approval of a contract with a business entity.
FISCAL INFORMATION /CERTIFICATION:
The Director of Finance certifies that upon approval of the above recommendations and adoption of the
attached appropriation ordinances, funds will be available in the current capital budget as appropriated, of
the Stormwater Capital Projects Funds, the Water Capital Fund and the Sewer Capital Fund-
Legacy. Responsibility for the collection and deposit of the donation is the responsibility of the
Transportation & Public Works Department.
FUND IDENTIFIERS (FIDs):
TO
rundP_ i-e—parient ccoun Project Program ctivity Budget Reference # moun
ID ID _ Year (Chartfield 2)
FROM
Fund Department ccoun Project Program ctivity Budget Reference # moun
ID ID Year Chartfield 2
CERTIFICATIONS:
Submitted for City Manager's Office by: Jay Chapa (5804)
Originating Department Head: Douglas Wiersig (7801)
Additional Information Contact: Mary Hanna (5565)
Logname: 20FW SOUTH PAVEMENT CO FUNDS Page 2 of 2