10-12-15-Resolution-Supporting OPG Clear Creek Partners proposed development-10/19/2015Resolution M104245
Whereas OPG Clear Creek Partners, LLC has proposed a development for affordable rental
housing in the City of Sanger; and
Whereas, there is a need for affordable housing for the City of Sanger's citizens of modest
means; and
Whereas, OPG Clear Creek Partners, LLC intends to submit an application to the Texas
Department of Housing and Community Affairs (TDHCA) for 2016 Low Income Housing Tax
Credit Program funds for The Reserves at Clear Creek.
Whereas, there is a requirement for a de minimis commitment of development funding by the
Local Political Subdivision.
Whereas, the City supports construction at the site indicated by the developer at the October 19,
2015 City Council Work Session.
Be it resolved that:
This resolution affirms the City of Sanger's support for the above named development; and
Confii7ns the City of Sanger will provide a loan, grant, reduced fee or contribution of other value
for the benefit of the development in the amount of $10.
Resolved on the day of October 2015.
Tami Taber, City Secretary
Thomas Muir, Mayor