Resolution 2012-05 ��. RESOLUTION NO. -2012-OS(R)
A RESOLUTION OF THE CITY OF WYLIE, TEXAS EVIDENCING
SUPPORT FOR A PROPOSED SENIOR LIVING COMMUNITY TO
BE BUILT IN WYLIE; AUTHORIZING MARIPOSA WOODBRIDGE
LP TO APPLY TO THE TEXAS DEPARTMENT OF HOUSING AND
COMMUNITY AFFAIRS FOR FUNDING FOR SUCH SENIOR
LIVING COMMUNITY; AND PROVIDING AN EFFECTIVE DATE
WHEREAS, Mariposa Woodbridge LP has proposed a development for affordable age-
restricted rental housing approximately .25 miles South of the intersection of McCreary Road
and W. Kirby (aka FM 544), on McCreary Road (east side), named Mariposa at Woodbridge
Apartment Homes in the City of Wylie, Collin County, Texas; and
WHEREAS, as the American population ages, there is a need for reasonably priced rental
housing for seniors in the community, and City Council wishes to evidence its support for this
proposed development in the City of Wylie; and
WHEREAS, in order to help provide funds and secure necessary financing approvals, Mariposa
Woodbridge LP intends to submit a joint application to the Texas Department of Housing and
Community Affairs (TDHCA) for 2012 Housing Tax Credits and HOME Investment Partnership
Program funds for Mariposa at Woodbridge Apartment Homes; and
WHEREAS, §509(i)(5), Texas Administrative Code, which gives Housing Tax Credit points
for the commitment of development funding by the Unit of General Local Goverment, states that
the TDHCA HOME Program funds will not qualify for points in this category "unless a
resolution is submitted with the application from the Governing Body of the Unit of General
Local Government authorizing that the Applicant act on behalf of the Unit of General Local
Political Subdivision in applying for HOME Program Funds from TDHCA for the particular
application."
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WYLIE, TEXAS, THAT:
Section 1. The City Council recognizes that there is a need for rental housing for
seniors within the City of Wylie and that City Council supports and encourages the development
of Mariposa at Woodbridge Apartment Homes.
Section 2. The City of Wylie appoints Mariposa Woodbridge LP to act on its behalf
in applying for TDHCA HOME funds for Mariposa at Woodbridge Apartment Homes provided,
however, that the City of Wylie disclaims any liability for administration or repayment of any
HOME funds which may be loaned to Mariposa Woodbridge LP by TDHCA.
Resolution No.2012-OS(R)
Bonner Carrington LLP
Senior Living Facilities
DULY APPROVED AND PASSED by the City Council of the City of Wylie, Texas, on �
this 24th day of January, 2012.
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Eric Hogue, Ma or/
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Resolution No.2012-OS(R)
Bonner Carrington LLP
Senior Living Facilities