Columbus, Georgia

A RESOLUTION



NO. _______



A RESOLUTION ENDORSING THE APPLICATION BY INTEGRAL PROPERTIES, LLC TO

THE GEORGIA DEPARTMENT OF COMMUNITY AFFAIRS FOR LOW-INCOME HOUSING TAX CREDITS

TO CONSTRUCT PHASE II ? PEABODY APARTMENTS A MIXED-INCOME COMMUNITY TO BE

LOCATED AT 1100 27TH STREET; AND FOR OTHER PURPOSES.



WHEREAS, the Housing Authority of Columbus, Georgia (Authority) was

successful in obtaining a 2002 HOPE VI Revitalization Grant for Peabody

Apartments; and,



WHEREAS, Integral Properties, LLC was selected as the Authority?s

developer/partner in the revitalization of Peabody Apartments; and,



WHEREAS, Integral Properties, LLC was successful in obtaining

low-income housing tax credits for Phase I ? Peabody Apartments, a 182-unit

rental, mixed-income residential community; and,



WHEREAS, Integral Properties, LLC is applying to the Georgia Department

of Community Affairs (DCA) for low-income housing tax credits to construct

Phase II ? Peabody Apartments, a 182-unit rental, mixed-income residential

community to be located at 1100 27th Street; and,



WHEREAS, a summary of said application is attached hereto as Exhibit

A; and,



WHEREAS, DCA has established certain regulations whereby low-income

housing tax credit application, to be competitive, must be formally endorsed by

the governing authority of the pertinent municipality or county; and



WHEREAS, the City Council wishes to endorse the aforementioned

application by Integral Properties, LLC.



NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Columbus,

Georgia that the Council does hereby endorse the application by Integral

Properties. LLC, to the Georgia Department of Community Affairs for low-income

housing tax credits to construct the proposed Phase II ? Peabody Apartments.

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Introduced at a regular meeting of the Council of Columbus, Georgia,

held the 19th day of April , 2005, and adopted at said meeting by the

affirmative vote of ______ members of said Council.





Councilor Allen voting ________________.

Councilor Anthony voting ________________.

Councilor Davis voting ________________.

Councilor Henderson voting ________________.

Councilor Hunter voting ________________.

Councilor McDaniel voting ________________.

Councilor Rodgers voting ________________.

Councilor Suber voting ________________.

Councilor Pugh voting ________________.

Councilor Woodson voting ________________.







_____________________________ _______________________

Tiny B. Washington, Clerk of Council Robert S. Poydasheff, Mayor