HomeMy WebLinkAbout2024-14Resolution 2024-14
Resolution Declaring Pulaski Village II Project to be a
Revitalization Area in the Town of Pulaski, Virginia
WHEREAS, People Incorporated Housing Group, Managing Member of the Pulaski Village II,
L.L.C. located in the Town of Pulaski on Memorial Drive seeks a reservation of Low -Income
Housing Tax Credits (LIHTC) for the rehabilitation of Pulaski Village II from the Virginia
Housing Development Authority (VH); and,
WHEREAS, all that certain tract or parcel of land lying and being in the Town of Pulaski,
Virginia, commonly known as 992 Memorial Drive, Pulaski, Virginia, more particularly
described as follows:
Beginning at an iron rod found, said iron rod being located in the western right-of-way of
Memorial Drive; thence along Memorial Drive S 27 32 00 E, 354.54 feet to an iron rod found,
said iron rod being the northeast corner of Blue Ridge Bank; thence leaving Memorial Drive and
along the lands of Blue Ridge Bank S 47 33 18 W 300 feet to an iron rod found, said iron rod
being in the eastern boundary line of Memorial Station lands; thence leaving the Blue Ridge
Bank lands and with the line of Memorial Station and Washington Square Apartments N 47 34
43 W, 381.95 feet to a pipe found, said pipe being the southwest corner of the Nation Bank of
Blacksburg lands; thence with the lands of the National Bank of Blacksburg N 52 38 08 S,
427.09 feet to an iron rod found, said iron rod being the point and place of beginning, and being
all the same property conveyed to Pulaski Village Apartments, L.L.C. by Deed of Assumption
dated June 6, 2008, of record in the office of the Clerk of the Circuit Court for Pulaski County,
Virginia at Instrument No. 080002682. Further reference is hereby made to a pat of Addison
Land Surveyors dated May 5, 2008 entitled "Pulaski Village, L.L.C." to be recorded in the office
of the Clerk of the Circuit Court for Pulaski County, Virginia
Tax Map #063-025-0000-0030
WHEREAS, the above- referenced development is located in the Town of Pulaski, Virginia. The
industrial, commercial, or other Economic Development of such area will benefit the Town but
such area lacks the housing needed to induce manufacturing, industrial, commercial,
governmental, educational, entertainment, community development, healthcare, or nonprofit
enterprises or undertakings to locate or remain in such area; and private enterprise and
investment are not reasonably expected, without assistance, to produce the construction or
rehabilitation of decent, safe, and sanitary housing and supporting facilities that will meet the
needs of low and moderate income persons and families in such area and will induce other
persons and families to live within such area and thereby create a desirable economic mix of
residents in such area; and,
NOW, THEREFORE it be RESOLVED that the Town Council of the Town of Pulaski,
Virginia sitting in regular session this 5'' day of March 2024 does hereby designate the above-
referenced development proposed by People Incorporated Housing Group as a revitalization
area.
This resolution is effective upon adoption and is hereby adopted on this 5th day of March 2024
by the recorded vote of the Town Council of Pulaski, Virginia as follows:
Gregory C. East- Aye
Jeremy L. Clark- Absent
Brooks R. Dawson- Aye
Olivia C. Hale
Clerk of Council
James A. Radcliffe- Aye
G. Tyler Clontz- Aye
Michael P. Reis- Aye
T�HE�TOWN OF PULASKI, VIRGINIA
�N.
W. Shannon Collins
Mayor