Legislation Details

File #: RES41916    Version: 1 Name: RES - 12-Yr Agreement with Proctor 4 LLC
Type: Resolution Status: Continued
File created: 5/4/2026 In control: City Council
On agenda: 6/2/2026 Final action:
Title: A resolution authorizing the execution of a Multi-Family Housing 12-Year Limited Property Tax Exemption Agreement with Proctor 4 LLC, for the development of 98 multi-family market and regulated rate rental housing units, located at 3917 North 26th Street, in the Proctor Mixed-Use Center. [Paul Bakker, Business and Economic Development Analyst; Debbie Bingham, Interim Director, Community and Economic Development]
Attachments: 1. Resolution No. 41916, 2. City Council Action Memorandum, 3. Agreement, 4. Map
Related files: ORD-25789

Title

A resolution authorizing the execution of a Multi-Family Housing 12-Year
Limited Property Tax Exemption Agreement with Proctor 4 LLC, for the
development of 98 multi-family market and regulated rate rental housing units,
located at 3917 North 26th Street, in the Proctor Mixed-Use Center.

[Paul Bakker, Business and Economic Development Analyst; Debbie Bingham,
Interim Director, Community and Economic Development]