Res 033-2015 3/17/2015Resolution No. 33-2015
Resolution awarding seven (7) project based rental assistance
Housing Choice Vouchers for a proposed affordable housing project
at 4620 Barnett Road named Reserves at Summit West
WHEREAS, Overland Property Group has proposed a development for a new
affordable multi-family housing development at 4620 Barnett Road, named Reserves at
Summit West in the City of Wichita Falls, Wichita County, Texas; and,
WHEREAS, the City has been awarded seven (7) project based rental
assistance Housing Choice Vouchers from the Department of Housing and Urban
Development that can be awarded to an affordable housing project; and ,
WHEREAS, the City requested proposals from developers who expressed an
interest in the vouchers; and ,
WHEREAS, after review of those proposals, the City has determined that the
proposal submitted by the Overland Property Group for the proposed project at 4620
Barnett Road named Reserves at Summit West to be the most responsive proposal .
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
1. The governing body of the Cit y of Wichita Falls supports the development of
quality, affordable housing for its residents.
2. The City of Wichita Falls, acting through its governing body, hereby confirms
the award of seven (7) project based rental assistance Housing Choice Vouchers for
the proposed Reserves at Summit West development to be located at 4620 Barnett.
3. The City of Wichita Falls reserves the right to void the assignment of t he
project based rental assistance Housing Choice Vouchers to Reserves at Summit West
at 4620 Barnett Road should the proposed project not be completed by February 2017.
4. This resolution shall take effect immediately from and after its passage.
PASSED AND APPROVED this the 17th day of March, 2015.
______________________________
M A Y O R
ATTEST:
____________________
City Clerk
Exhibit A - Location Map
Exhibit A - Location Map Exhibit B - Aerial Site Plan
Exhibit C - Rendering for the Proposed Project
The Reserves at Summit West