Res 2022-166R/providing no objection to the submission of an application for Low Income Housing Tax Credits (LIHTC) to the Texas Department of Housing and Community Affairs

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room, activity room, Wi-Fi at clubhouse/community building, package locakers, recycling service,weekly organized on-site services to K-12 children, weekly on site classes to adults, food pantry, annual health fair, monthly arts and crafts, twice monthly on-site social events,part-time resident services coordinator. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: PART 1. The San Marcos City Council finds the Recitals to be true and correct and adopts them as the findings of the City Council and incorporates them as part of this resolution. PART 2. After due consideration of the findings of the City Council as stated in the Recitals,the information provided by the Applicant and any public comment,the City of San Marcos, Texas has no objection to the proposed application for the Project to the TDHCA, and confirms that the City Council has voted specifically to support the submittal of applications for the Project and to authorize an allocation of Housing Tax Credits for the Project pursuant to Texas Government Code §2306.6703(x)(4). PART 3. As conditions of approval of this resolution: a. The Applicant must comply with all City of San Marcos rules and regulations governing the development of the Project including, but not limited to: i. the adopted Transportation Master Plan; ii. all standards and regulations within the City's Code of Ordinances; and iii. requirements for submission of required applications and payment of applicable fees. b. The Applicant may not apply for and the Project will not be eligible to receive any variances from any applicable City of San Marcos ordinances,rules or regulations except: i. A waiver approved in the associated Development Agreement (Resolution 2022-XXR)to allow four(4) bedroom units; C. The Applicant must submit an executed Memorandum of Understanding for each local residential support service provider prior to the approval of future permits and the Memorandum of Understandings shall include language that directs advertising for the Project to San Marcos residents. PART 4. To the extent applicable, the City Council hereby approves the application of the Texas Housing Finance Corporations Act, Chapter 394, Local Government Code (the "Act"), to the property on which the development will be constructed and grants its approval for the use of