R23-58

City of Glendale — Regular Meeting (2023-06-27)

View PDF Item 42 Meeting page

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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