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RESOLUTION NO. R23-58
A RESOLUTION OF THE COUNCIL OF THE CITY OF GLENDALE,
MARICOPA
COUNTY,
ARIZONA,
AUTHORIZING
AND
DIRECTING
THE
ENTERING
INTO
HOME
INVESTMENT
PARTNERSHIPS AND COMMUNITY DEVELOPMENT BLOCK
GRANT PROGRAM LOAN DOCUMENTS ASSOCIATED WITH THE
67
FLATS
AND
JUNIPER
SQUARE
MULTI-FAMILY
CONSTRUCTION PROJECTS.
WHEREAS, on April 26, 2022, City Council adopted Resolution R22-41 authorizing submission
of the FY 2022-23 HUD Annual Action Plan which included a Home Investment Partnerships Program
(“HOME”) allocation of $764,833 and a $672,693 Community Development Block Grant (“CDBG”)
allocation to support multifamily rental construction projects that received allocations of Low Income
Housing Tax Credits (LIHTC) through the State of Arizona Department of Housing (ADOH); and
WHEREAS, on April 25, 2023 City Council adopted Resolution R23-27 approving the reallocation
of $62,474 of prior year CDBG funds through the 2022-23 Substantial Action Plan Amendment to
supplement the allocations in the aforementioned allocations; and
WHEREAS, the 67 Flats and Juniper Square projects (“Projects”) will construct 384 family-
occupied and 221 senior-occupied units, respectively, affordable rental housing through a LIHTC award
provided by ADOH; and
WHEREAS, Dominium (“Developer”) will undertake the Project through its subsidiary, Glendale
Leased Housing Associates I, LLLP, and is determined to be eligible to receive a $264,833 award from the
city’s allocation of HOME funds and a $235,167 award from the city’s allocation of CDBG funds for a
combined award of $500,000 to support the Project; and
WHEREAS, to secure the City of Glendale’s HOME and CDBG investments, the City must enter
into the following agreements with Glendale Leased Housing Associates I, LLLP, the Arizona Department
of Housing and other lenders: a Developer Agreement for Multi-Family Rental Development Under the
Home Investment Partnerships Program and the Community Development Block Grant Program; (2) a
Declaration of Covenants, Conditions & Restrictions; and 3. Subordination Agreements with each superior
lienholder, including the Arizona Department of Housing, Maricopa County and private lenders.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GLENDALE as follows:
SECTION 1. That it is deemed in the best interest of the City of Glendale and the citizens thereof
that the aforementioned documents be entered into by the City of Glendale and meets a public purpose in
doing so; and
SECTION 2. That the City Manager or designee and the City Clerk be authorized and directed to
execute and deliver all documents required to effectuate the City's commitment on behalf of the City of
Glendale.
(Signatures on the following page)
PASSED, ADOPTED AND APPROVED by the Mayor and Council of the City of
Glendale, Maricopa County, Arizona, this 27th day of June, 2023.
__________________
Mayor Jerry P. Weiers
ATTEST:
__________________
Julie K. Bower, City Clerk (SEAL)
APPROVED AS TO FORM:
__________________
Michael D. Bailey, City Attorney
REVIEWED BY:
__________________
Kevin R. Phelps, City Manager