HomeMy WebLinkAboutResolution 22-065Resolution 22-065
Resolution in Support of an Application for Financial Assistance to the
South Dakota Housing and Development Authority by Branch Creek, LLC,
and / or its Affiliates, Agents, or Assigns, for the Benefit of Multi or Single -Family
Development
Whereas, the City of Brookings and Branch Creek, LLC have determined it necessary to
proceed with improvements to the City's infrastructure, thus enabling additional single
and multifamily units to be constructed in the city limits of Brookings; and
Whereas, the City and Developer have determined financial assistance will be
necessary to undertake the Project and an application for financial assistance to the
South Dakota Housing and Development Authority shall be prepared by Branch
Creek, LLC (Developer) for the proposed development; and
Whereas, the City will work with the Developer's engineer to ensure the preliminary
project infrastructure plans meet the City's requirements for adequate drinking water,
water treatment capacity and distribution, storm sewer, and all other necessary
improvements as needed; and
Whereas, the City has adequate treatment facilities and water supply to accommodate
the proposed development; and
Whereas, the City is committed to the ownership and long-term maintenance of said
infrastructure upon acceptance and condition set forth in a future memorandum of
agreement and understanding that the said infrastructure and system shall meet the
specifications, materials and equipment set forth in said agreement; and
Whereas, the City acknowledges that there is a tremendous housing shortage in City of
Brookings and this proposed development will help, but not solve, the housing shortage.
Now, Therefore, Be It Resolved by the City of Brookings as follows:
1. The City hereby supports the submission of an Application for financial
assistance by Branch Creek, LLC, to the South Dakota Housing and
Development Authority.
2. City officials are hereby authorized to deliver such other documents as
necessary, to assist with the Application for financial assi§tangp.
Adopted this 23rd day of August, 2022.
G. Niemeyer, M