Legislation Details

File #: RES41878    Version: 1 Name: RES - 12 Yr Agreement with Journey Points Homes LLC
Type: Resolution Status: Adopted as amended
File created: 3/17/2026 In control: City Council
On agenda: 3/31/2026 Final action: 3/31/2026
Title: A resolution authorizing the execution of a Multi-Family Housing 12-Year Limited Property Tax Exemption Agreement with Journey Points Homes LLC, for the development of six multi-family market and regulated rate rental housing units, located at 3010 South Puget Sound Avenue. [Paul Bakker, Business and Economic Development Analyst; Tanja Carter, Director, Community and Economic Development]
Attachments: 1. Amended Resolution No. 41878, 2. Resolution No. 41878, 3. City Council Action Memorandum, 4. Agreement, 5. Map, 6. Presentation
Related files: ORD-25789

Title

A resolution authorizing the execution of a Multi-Family Housing 12-Year Limited Property Tax Exemption Agreement with Journey Points Homes LLC, for the development of six multi-family market and regulated rate rental housing units, located at 3010 South Puget Sound Avenue.
[Paul Bakker, Business and Economic Development Analyst; Tanja Carter,
Director, Community and Economic Development]