city of tacoma
File #: RES40744    Version: 1 Name: RES - 12-Year Agreement with Fawcett Avenue QOZB LLC
Type: Resolution Status: Adopted
File created: 1/15/2021 In control: City Council
On agenda: 2/2/2021 Final action: 2/2/2021
Title: A resolution authorizing the execution of a Multi-Family Housing 12-Year Limited Property Tax Exemption Agreement with Fawcett Avenue QOZB LLC, for the development of 368 multi-family market-rate and affordable rental housing units, located at 1502-1542 Fawcett Avenue, in the Downtown Regional Growth Center. [Debbie Bingham, Project Manager; Jeff Robinson, Director, Community and Economic Development]
Attachments: 1. Resolution No. 40744, 2. City Council Action Memorandum, 3. Agreement, 4. Map, 5. Presentation, 6. Amended Resolution No. 40744

Title

A resolution authorizing the execution of a Multi-Family Housing 12-Year Limited Property Tax Exemption Agreement with Fawcett Avenue QOZB LLC, for the development of 368 multi-family market-rate and affordable rental housing units, located at 1502-1542 Fawcett Avenue, in the Downtown Regional Growth Center.

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

Community and Economic Development]