RESOLUTION NO. 7150

A RESOLUTION OF THE CITY OF LAWRENCE, KANSAS, APPROVING CONDITIONALLY AN APPLICATION FOR LOW INCOME HOUSING TAX CREDITS FROM THE STATE OF KANSAS FOR "THE ESTATES OF LAWRENCE," A PROPOSED HOUSING DEVELOPMENT THAT IS CURRENTLY ADDRESSED AT 1356 EAST 1600 ROAD, BUT SUBJECT TO CHANGE WITH DEVELOPMENT.

WHEREAS, Wheatland Investments, LLC, having a principal place of business at Gardner, Kansas, 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 "The Estates of Lawrence," which shall include affordable rental housing for families, on that real property now commonly known as 1356 East 1600 Road, but which address may change subject to development, and bearing the following legal description, to-wit:

Part of the Southwest Quarter of the Southwest Quarter of the Northwest Quarter of Section 9, Township 13 South, Range 20 East of the 6th P.M., Douglas County, Kansas described as follows:

Beginning at the Southwest corner of said Southwest Quarter of the Southwest Quarter of the Northwest Quarter; thence North 01°37'18” West, coincident with the West line of said Quarter section a distance of 209.19 feet; thence North 89°03'30” East, a distance of 256.00 feet; thence North 01°37'18” West, a distance of 256.89 feet; thence North 88°52'08” East, a distance of 413.08 feet to the East line of said Southwest Quarter of the Southwest Quarter of the Northwest Quarter; thence South 01°35'31” East, coincident with said West line a distance of 465.05 feet to the Southeast corner of said Southwest Quarter of the Southwest Quarter of the Northwest Quarter; thence South 88°51'12” West, coincident with the South line of said Southwest of the Southwest Quarter of the Northwest Quarter a distance of 668.83 feet to the point of beginning.

Said tract contains 245,496 square feet, (5.64 acres) of land more or less.

WHEREAS, the proposed housing development will contain 32 dwelling units that will be constructed;

WHEREAS, the proposed housing development’s dwelling units will be marketed to families, and will be affordable housing with rent targets at the 60% and 50% of area median income range; and

WHEREAS, the proposed housing development will consist of two and three bedroom dwelling units, containing, among other things, the following amenities: greenspace/playground, washers/dryer hookups,  garbage disposals, dishwashers, stove, patio/balcony, and an option for a carport.

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

SECTION 1: The above-stated recitals are incorporated herein by reference as if set forth in full.

SECTION 2: The Governing Body of the City of Lawrence, Kansas, approves the application of Wheatland Investments, LLC, having its principal place of business at Gardner, Kansas, for low income housing tax credits from the Kansas Housing Resource Corporation for a proposed low income housing development, The Estates of Lawrence," on that real property now commonly known as 1356 East 1600 Road, but which address may change subject to development, the legal description of which is set forth in the recitals, supra, 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 3: This Resolution shall be and remain effective until July 30, 2016. In the event that any of the described characteristics of the proposed housing development, as set forth in the recitals, supra, shall change prior to the issuance of a building permit, then this Resolution shall be deemed null and void.

ADOPTED by the Governing Body of the City of Lawrence, Kansas, this 2nd day of February, 2016.

 APPROVED:

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Mike Amyx

Mayor

ATTEST:

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Brandon McGuire

Acting City Clerk

APPROVED AS TO FORM:                   

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Toni R. Wheeler

City Attorney