city of tacoma
File #: RES41223    Version: 1 Name: RES - 12-Year Agreement with 2601 MLK Jr Way, LLC
Type: Resolution Status: Adopted
File created: 5/31/2023 In control: City Council
On agenda: 6/20/2023 Final action: 6/20/2023
Title: A resolution authorizing the execution of a Multi-Family Housing 12-Year Limited Property Tax Exemption Agreement with 2601 MLK JR WAY, LLC, for the development of 20 multi-family market and regulated rate rental housing units, located at 2106 Martin Luther King Jr. Way, in the Downtown Regional Growth Center. [Debbie Bingham, Project Manager; Jeff Robinson, Director, Community and Economic Development]
Sponsors: City Council
Attachments: 1. Resolution No. 41223, 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 2601 MLK JR WAY, LLC,
for the development of 20 multi-family market and regulated rate rental housing
units, located at 2106 Martin Luther King Jr. Way, in the Downtown Regional
Growth Center.

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

Community and Economic Development]