city of tacoma
File #: RES41352    Version: 1 Name: Res - 12-Yr Agreement with 709 E 34th St LLC and Farrow Real Estate Holdings LLC
Type: Resolution Status: Adopted
File created: 1/9/2024 In control: City Council
On agenda: 1/30/2024 Final action: 1/30/2024
Title: A resolution authorizing the execution of a Multi-Family Housing 12-Year Limited Property Tax Exemption Agreement with 709 E 34TH ST LLC and Farrow Real Estate Holdings LLC, for the development of 12 multi-family market and regulated rate rental housing units, located at 709 East 34th Street, in the McKinley Mixed-Use Center. [Debbie Bingham, Program Manager; Jeff Robinson, Director, Community and Economic Development]
Sponsors: City Council
Attachments: 1. Resolution No. 41352, 2. City Council Action Memorandum, 3. Agreement, 4. Map, 5. Presentation

Title

A resolution authorizing the execution of a Multi-Family Housing 12-Year
Limited Property Tax Exemption Agreement with 709 E 34TH ST LLC and
Farrow Real Estate Holdings LLC, for the development of 12 multi-family
market and regulated rate rental housing units, located at 709 East 34th Street,
in the McKinley Mixed-Use Center.

[Debbie Bingham, Program Manager; Jeff Robinson, Director, 
Community and Economic Development]