Laserfiche WebLink
36 <br /> <br />A RESOLUTION DISAPPROVING FINANCING BY THE VIRGINIA HOUSING <br />DEVELOPMENT AUTHORITY FOR A PROPOSED MULTI-FAMILY RESIDENTIAL <br />HOUSING DEVELOPMENT CALLED "WEST%~INDS APARTMENTS, PHASE II", <br />TO BE SITUATED ON GATEWAY DRIVE. <br /> <br /> WHEREAS, the Vimginla Housing Development Authority <br />(VHDA) in accordance with ~36-55.39 (B) of the Code of <br />Virginia, 1950, as amended, has notified the City of <br />Portsmouth that it is considering the financing of a <br />multi-family residential housing development consisting of <br />approximately one hundred twenty (120) units of non-subsadized <br />housing to be financed under the Virginia Housing Development <br />Authority's Conventional Multi-Family Loan Program to be <br />situated on approximately 10.61 acres on Gateway Drive <br />directly across from Westwinds Apartments, such development <br />having been designated as "Westwinds Apartments, Phase II"; <br />and <br /> <br /> WHEREAS, §36.55.39 (B) provides that VHDA shall, prior to <br />the approval of financing of new construction of any proposed <br />multi-family residential housing development, find that the <br />governing body of the locality in which such housing <br />development is to be located has not, within sixty (60) days <br />after written notification of the proposed financing, <br />certified to VHDA in writing its disapproval of the proposed <br />multi-family residential housing development; and <br /> <br /> WHEREAS, the proposed housing development designated <br />"Westwinds Apartments, Phase II" has not obtained necessary <br />zoning approvals in accordance with the Zoning Ordinance of <br />the City of Portsmouth, Virginia as codified in Chapter 40 of <br />the Code of the City of Portsmouth, Virginia, 1973, as <br />amended; and <br /> <br /> WHEREAS, the Council of the City of Portsmouth has <br />considered the financing proposal under the circumstances <br />present herein. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED that the Council of the <br />City of Portsmouth, Virginia, in accordance with the Virginia <br />Code ~36-55.39 (B) expresses to the Virginia Housing <br />Development Authority its disapproval of the proposed <br />multi-family residential housing development called "Westwinds <br />Apartments, Phase II" as described above. <br /> <br /> BE IT FURTHER RESOLVED that the Mayor is authorized to <br />issue a Certification of Disapproval on behalf of the City <br />Council to the Virginia Housing Development Authority. <br /> <br /> <br />