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trust indenture for all bonds issued in connection with the Project and in the Land <br />Use Restriction Agreement for the Project approved by TDHCA. <br />PART 4. As provided for in 10 TAC §11.3(d) it is hereby acknowledged that the <br />proposed New Construction or Adaptive Reuse Development is located one linear mile or less from <br />a Development that serves the same type of household as the proposed Development and has received <br />an allocation of Housing Tax Credits (or private activity bonds) for New Construction in the three- <br />year period preceding the date the Certificate of Reservation is issued. <br />PART 5. As provided for in 10 TAC §1 1.3(e) and § 11.4(c)(1), it is hereby acknowledged <br />that the proposed New Construction Development is located in a census tract that has more than 20% <br />Housing Tax Credit Units per total household and the proposed Development is consistent with the <br />City's obligation to affirmatively further fair housing and the City has no objection to the Application. <br />PART 6. The Mayor or the City Manager, are each authorized to execute any and all <br />documents as necessary for the Applicant to complete its application for the Project to the TDHCA <br />and to execute the Payment Agreement for the PILOT as referenced in Part 3(d) above. <br />PART 7. For and on behalf of the City Council, the Mayor or the City Clerk are each <br />authorized to certify one or more copies of this resolution for submission to TDHCA. <br />PART 8. This resolution shall be in full force and effect immediately from and after its <br />passage. <br />ADOPTED on August 4, 2020. <br />AA-& <br />ne on <br />Mayor <br />A0,Fst: <br />arnmy K. Cook <br />' n I 1 <br />-f <br />r <br />teifit- ity Clerk <br />