Legislation Details

File #: RES42043    Version: 1 Name: RES - 12-Yr Agreement with 611 Ainsworth Investors LLC
Type: Resolution Status: Agenda Ready
File created: 9/29/2026 In control: City Council
On agenda: 10/13/2026 Final action:
Title: A resolution authorizing the execution of a Multi-Family Housing 12-Year Limited Property Tax Exemption Agreement with 611 Ainsworth Investors LLC, for the development of eight multi-family market and regulated rate rental housing units, located at 611 South Ainsworth Avenue. [Paul Bakker, Business and Economic Development Analyst; Debbie Bingham, Interim Director, Community and Economic Development]
Attachments: 1. Resolution No. 42043, 2. City Council Action Memorandum, 3. Agreement, 4. Map
Related files: ORD-25789
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

A resolution authorizing the execution of a Multi-Family Housing 12-Year Limited Property Tax Exemption Agreement with 611 Ainsworth Investors LLC, for the development of eight multi-family market and regulated rate rental housing units, located at 611 South Ainsworth Avenue.

[Paul Bakker, Business and Economic Development Analyst; Debbie Bingham,

Interim Director, Community and Economic Development]