HomeMy Public PortalAboutResolutions-2023-032RESOLUTION NO. 2023-032
A RESOLUTION OF SUPPORT OF THE APPLICATION FOR THE GROVE PARK
PROJECT FOR FUNDING VIA THE WORKFORCE HOUSING TAX CREDIT
PROGRAM AND PLEDGING CITY MONIES FOR THE SAME
Whereas, 443 Marengo LC has heretofore made application to the Iowa Economic
Development Authority for funding for a housing project via the Workforce Housing Tax
Credit Program for the Grove Park Project; and
Whereas, as part of the application process, the City Council is required to provide a
resolution of support for the application; and
Whereas, the City will also provide monetary or in -kind support for this Project if the
application is approved.
Now, therefore be it resolved by the City Council of Tiffin, Iowa, that the City of Tiffin
fully supports the application of 443 Marengo LC for the Grove Park Project to obtain
funding via the Workforce Housing Tax Program.
Be it further resolved, that the City Council will make a contribution to the Project in
the amount of $1000 per unit not to exceed 72 units if said application is approved by
the IEDA.
On the 16th day of May, 2023, at a regular meeting of the Tiffin City Council, Tiffin, Iowa,
Councilperson Olney introduced RESOLUTION NO. 2023-032, A RESOLUTION OF
SUPPORT OF THE APPLICATION FOR THE GROVE PARK PROJECT FOR
FUNDING VIA THE WORKFORCE HOUSING TAX CREDIT PROGRAM AND
PLEDGING CITY MONIES FOR THE SAME and made a motion for approval. Motion
seconded by Councilperson Schnedler.
Ayes: Limkemann, Havens, Olney, Schnedler.
Nays: None.
Absent: Orris.
Whereupon four Council members were present and voted approval and Mayor Berner
declared that RESOLUTION NO. 2023-032, A RESOLUTION OF SUPPORT OF THE
APPLICATION FOR THE GROVE PARK PROJECT FOR FUNDING VIA THE
WORKFORCE HOUSING TAX CREDIT PROGRAM AND PLEDGING CITY MONIES
FOR THE SAME to be adopted and signified his approval of the same by affixing his
signature thereto.
Passed by the City Council on the 16th day of May, 2023.
City of Tiffin
ATTEST:
Abigail Hord City Clerk
Steven L. Berner, Mayor