city of tacoma
File #: RES40905    Version: 1 Name: RES - 12-Year Agreement with Emerald Bay Apartments LLC
Type: Resolution Status: Adopted
File created: 1/7/2022 In control: City Council
On agenda: 1/25/2022 Final action: 1/25/2022
Title: A resolution authorizing the execution of a Multi-Family Housing 12-Year Limited Property Tax Exemption Agreement with Emerald Bay Apartments, LLC, for the development of 82 multi-family market-rate and affordable rental housing units, located at 1624 East 32nd Street, in the Lower Portland Avenue Mixed-Use Center. [Debbie Bingham, Project Manager; Jeff Robinson, Director, Community and Economic Development]
Sponsors: City Council
Attachments: 1. Resolution No. 40905, 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 Emerald Bay Apartments, LLC, for the development of 82 multi-family market-rate and affordable rental housing units,

located at 1624 East 32nd Street, in the Lower Portland Avenue Mixed-Use Center.

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

Community and Economic Development]