RESOLUTION NO. 6962

A RESOLUTION OF THE CITY OF LAWRENCE, KANSAS, APPROVING CONDITIONALLY AN APPLICATION FOR LOW INCOME HOUSING TAX CREDITS FROM THE STATE OF KANSAS FOR A PROPOSED HOUSING DEVELOPMENT AT 25TH STREET AND O’CONNELL ROAD.

WHEREAS, Housing Investment Partners, LLC, of Springfield, Missouri, has informed the City of Lawrence, Kansas, that it will be filing a low income housing tax credit application with the Kansas Housing Resource Corporation for the proposed development of affordable senior rental housing on property located at 25th Street and O’Connell Road and bearing the following legal description, to-wit:

Lot 3, Block 1, Fairfield Farms West Addition, South 3.5 +/- acres;

WHEREAS, the proposed housing development will contain 48-60 dwelling units;

WHEREAS, the proposed housing development’s dwelling units will marketed to tenants, who are older, ambulatory adults, aged 55 years and older, and will be independent living facilities;

WHEREAS, the proposed housing development will consist of one and two bedroom dwelling units containing, among other things, the following amenities: restricted entry, washers/dryers and upgraded appliances, an activity room, a media room, a fitness center, elevators, and planned activities; and

WHEREAS, the developer has not requested local financial assistance for the proposed housing development.

BE IT RESOLVED BY THE GOVERNING BODY OF THE CITY OF LAWRENCE, KANSAS:

SECTION ONE: The above-stated recitals are incorporated herein by reference as if set forth in full.

SECTION TWO: The Governing Body of the City of Lawrence, Kansas, approves the application of Housing Investment Partners, LLC, of Springfield, Missouri, for low income housing tax credits from the Kansas Housing Resource Corporation for a proposed low income housing development on property located at 25th Street and O’Connell Road, subject to the following two conditions: (a) the housing development includes, at a minimum, all commitments, appointments,  and amenities, as set forth in the recitals; and (b) the developer obtains all necessary land use, site plan, and building code approvals for the proposed housing development from the City of Lawrence, Kansas, Department of Planning and Development Services.

SECTION THREE: This Resolution shall be and remain effective until June 30, 2012. In the event that any of the described characteristics of the proposed housing development, as set forth in the recitals, shall change prior to the issuance of a building permit, then this Resolution shall be deemed null and void.

ADOPTED this 13th day of December, 2011.

APPROVED:

_____________________________

Aron E. Cromwell, Mayor

ATTEST:

__________________________________

Jonathan M. Douglass, City Clerk

APPROVED AS TO FORM AND LEGALITY:                   

__________________________________                      

Toni R. Wheeler                                                        

Director of the Legal Department