city of tacoma
File #: RES41023    Version: 1 Name: Res- Eight-Year Agreement with Cornus House, LLC
Type: Resolution Status: Adopted
File created: 8/26/2022 In control: City Council
On agenda: 9/13/2022 Final action: 9/13/2022
Title: A resolution authorizing the execution of an amendment to the Multi-Family Housing 12-Year Limited Property Tax Exemption Agreement with Cornus House LLC, for the development of 199 multi-family market and regulated rate rental housing units, located at 2502 Pacific Avenue, in the Downtown Regional Growth Center, to a Multi-Family Housing Eight-Year Limited Property Tax Exemption. [Debbie Bingham, Project Manager; Jeff Robinson, Director, Community and Economic Development]
Sponsors: City Council
Attachments: 1. Resolution No. 41023, 2. City Council Action Memorandum, 3. Agreement, 4. Map, 5. Presentation
Related files: RES40964

Title

A resolution authorizing the execution of an amendment to the Multi-Family Housing

12-Year Limited Property Tax Exemption Agreement with Cornus House LLC, for the development of 199 multi-family market and regulated rate rental housing units, located at 2502 Pacific Avenue, in the Downtown Regional Growth Center, to a Multi-Family Housing Eight-Year Limited Property Tax Exemption.

[Debbie Bingham, Project Manager; Jeff Robinson, Director,

Community and Economic Development]