Board resolutions - Travis County Facilities Corporation
The Travis County Facilities Corporation is dedicated to making informed decisions that support the development and management of public facilities in Travis County. As part of our commitment to transparency and accountability, we maintain a comprehensive record of board resolutions adopted by our esteemed board members. On this page, you will find a collection of board resolutions that have been enacted to guide and shape our initiatives. These resolutions reflect the careful considerations and actions taken by our board to ensure the effective operation and advancement of public facilities in Travis County.
Resolutions
Resolution No. TCFC-2024-04
March 7, 2024
To amend the Policy Statement on Affordable Housing Development, superseding the previous policy outlined in Resolution No. TCFC-2022-07, in consideration of continuing high demand and challenges for affordable housing development.
Resolution No. TCFC-2024-03
March 7, 2024
To induce approximately 360 units of multifamily residential housing known as the Oak Hill Highline Apartments to be developed in partnership with an affiliate of Urban Genesis, LLC located at approximately the intersection of Slaughter Lane and Interstate 35; to authorize negotiation of a term sheet; and to take other related actions, subject to the terms outlined in the resolution.
Resolution No. TCFC-2024-02
March 7, 2024
To amend the standard terms for public facility corporation transactions, superseding previous terms outlined in Resolution No. TCFC-2022-08, and authorize related actions, as permitted under the corporation's bylaws and articles of incorporation.
Resolution No. TCFC-2024-01
February 1, 2024
To induce approximately 300 units of multifamily residential housing known as the HWY-183 & East William Cannon Drive Apartments to be developed in partnership with an affiliate of Savoy Equity Partners located at approximately the intersection of Highway 183 and East William Cannon Drive; to authorize negotiation of a term sheet; and to take other related actions, subject to the terms outlined in the resolution.
Resolution No. TCFC-2023-16
September 7, 2023
To authorize Travis County Facilities Corporation to cooperate with Itex Group for their proposed 288-unit Stone Creek Ranch Apartments in Austin, including negotiating and executing a term sheet, while reserving the right not to proceed. Also authorizes Itex Group to make filings to obtain equity and debt financing for the project.
Resolution No. TCFC-2023-15
September 7, 2023
To authorize Travis County Facilities Corporation to cooperate with Urban Genesis, LLC for their proposed 198-unit UG Techridge Apartments in Austin, including negotiating and executing a term sheet, while reserving the right not to proceed. Also authorizes Urban Genesis to make filings to obtain equity and debt financing for the project.
Resolution No. TCFC-2023-14 Ross & Rodeo
June 13, 2023
To approve and authorize the transactions for the Ross Road Apartments to be located at approximately 6207 Ross Road in Austin, Texas; and the Rodeo Apartments to be located at approximately 8705 Decker Lake Road in Austin, Texas, including the execution of all documentation necessary to carry out the transactions; authorizing the purchase of the land for the projects and authorizing the Travis County Facilities Corporation to serve as the general contractor; and other matters in connection therewith.
Resolution No. TCFC-2023-13 Appoint P.H. Secretary
June 1, 2023
To confirm and ratify the appointment of Patrick B. Howard as Secretary; and other matters in connection therewith.
Resolution No. TCFC-2023-12
May 18, 2023
To approve and authorize the transactions for the City Walk Place Apartments transaction to be located on Lexington Street in Manor, Texas; and the Sky Loft at Shadow Glenn Apartments to be located on Gregg Manor Road in Manor, Texas, including the execution of all documentation necessary to carry out the transactions; authorizing the purchase of land for the projects and authorizing the Travis County Facilities Corporation to serve as the general contractor; and other matters in connection therewith.
Resolution No. TCFC-2023-11
May 18, 2023
To approve and authorize the transactions for multiple apartment projects, including the Real Apartments transaction to be located at 2824 and 2826 Real Street; the Willow East Apartment project to be located at 6400 FM 969; the Tillery Road/Springdale Apartments project to be located at 701 Tillery Street near Springdale Road; the North Lamar Apartment project, formerly known as the Cambrian Apartment project, to be located at 5916 North Lamar; The Burleson Apartments project to be located at 7800 Burleson; the Citizen House Bergstrom Apartments to be located at 7710 Burleson; Citizen House Gilbert Apartments to be located at 6103 North SH 130; Citizen House Decker Apartments to be located at 8800 Hog Eye; Citizen House Howard Apartments to be located at 5121 Howard Lane; Springdale Apartments to be located at 1200 Springdale Road; Blue Ridge Apartments to be located at 290 East Palmer Lane. The resolution also includes authorizing the execution of all necessary documentation for the transactions, authorizing the purchase of land for the projects, and authorizing the Travis County Facilities Corporation to serve as the general contractor; and other matters in connection therewith.
Resolution No. TCFC-2023-10 Blue Ridge
April 6, 2023
To approve and authorize the Blue Ridge Apartments project in partnership with Elmington Capital Group, to be located off of TX-130 on Wildhorse Ranch Trail in Austin, Texas; and authorizing the negotiation and execution of a term sheet; and other matters in connection therewith.
Resolution No. TCFC-2023-09 Burleson
April 6, 2023
To approve and authorize the Burleson Apartments project in partnership with Cambrian Development, LLC, to be located at approximately 7800 Burleson Road; and authorizing the negotiation and execution of a term sheet; and other matters in connection therewith.
Resolution No. TCFC-2023-08 PH Secretary
April 6, 2023
To confirm and ratify the appointment of Patrick B. Howard as Secretary; and other matters in connection therewith.
Resolution No. TCFC-2023-07 Frontier Valley Apts
April 6, 2023
To authorize the Frontier Valley Apartments transaction, including the execution of all documentation necessary to carry out the transaction; authorizing the purchase of the land for the transaction and the lease of such land for the transaction; and authorizing the Travis County Facilities Corporation to serve as the general contractor; and other matters in connection therewith.
Resolution No. TCFC-2023-05 Bergstrom Citizen House Inducement
February 6, 2023
To approve and authorize the Citizen House Bergstrom Apartments project in partnership with Endeavor Real Estate Group, to be located at approximately 7710 Burleson Road; and authorizing the negotiation and execution of a term sheet; and other matters in connection therewith.
Resolution No. TCFC-2023-04 Howard Citizen House Inducement
February 6, 2023
To approve and authorize the Citizen House Howard Lane Apartments project in partnership with Endeavor Real Estate Group, to be located at approximately 5121 Howard Lane; and authorizing the negotiation and execution of a term sheet; and other matters in connection therewith.
Resolution No. TCFC-2023-03 Decker Citizen House Inducement
February 6, 2023
To approve and authorize the Citizen House Decker Apartments project in partnership with Endeavor Real Estate Group, to be located at approximately 8800 Hog Eye Road; and authorizing the negotiation and execution of a term sheet; and other matters in connection therewith.
Resolution No. TCFC-2023-02 Gilbert Citizen House Inducement
February 6, 2023
To approve and authorize the Citizen House Gilbert Apartments project in partnership with Endeavor Real Estate Group, to be located at approximately 6103 1/2 North State Highway 130; and authorizing the negotiation and execution of a term sheet; and other matters in connection therewith.
Resolution No. TCFC-2022-12
December 8, 2022
To authorize the McKinney Falls Apartments transaction, including the execution of all documentation necessary to carry out the transaction; authorizing the purchase of the land for the transaction and the lease of such land for the transaction; and authorizing the Travis County Facilities Corporation to serve as the general contractor; and other matters in connection therewith.
Resolution No. TCFC-2022-11
December 1, 2022
To induce the development of the 168-unit Quality Inn Apartments affordable housing project in Austin by Shir Capital through a partnership with Travis County Facilities Corporation, and authorize negotiation of a term sheet. The resolution does not commit TCFC to proceed with the project.
Resolution No. TCFC-2022-10
November 3, 2022
To induce the development of Walnut Creek Commons, a proposed 240-unit affordable housing project, by authorizing negotiation and execution of a Term Sheet with Narrow Road Group outlining the terms of Travis County Facilities Corporation's partnership in financing, acquiring, constructing, and operating the development.
Resolution No. TCFC-2022-09
November 3, 2022
To induce the development of McKinney Falls Apartments, a proposed 290-unit affordable housing project, by authorizing negotiation and execution of a Term Sheet with Graham Development outlining the terms of Travis County Facilities Corporation's partnership in financing, acquiring, constructing, and operating the development.
Resolution No. TCFC 2022-08
November 3, 2022
To approve standard terms for use in negotiating public facility corporation transactions with developers of multifamily workforce housing projects, including typical provisions for lease structure, rents, fees, income restrictions, and maintenance requirements.
Resolution No. TCFC-2022-07 Policy Statement Set Aside
October 6, 2022
To Approve Policy Statement on Affordable Housing Development as drafted, superseding Resolution No. TCFC-2020-04.
Resolution No. TCFC 2022-06
October 6, 2022
To induce the development of Real Street Apartments, a proposed 290-unit affordable housing project, by authorizing negotiation and execution of a Term Sheet with 2824/2826 Horizontal Investors, LP outlining the terms of Travis County Facilities Corporation's partnership in financing, acquiring, constructing, and operating the development.
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