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� <br />� <br />� <br />� <br />EN HII,LS <br />Request for Council Action � <br />Prepared By: Jill Hutmacher, Community <br />DeveIopment Director : Council Meeting Date: May 9, 2011 <br />Renewal of Letter of Support for Arden Village Tax Credit Application <br />Budgeted Amount: Actual Amount: Funding Source: <br />N/A N/A N/A <br />Recommendation: . <br />Recommend that the City provide a renewed letter of support for tax credit financing including a <br />commitment for up to $225,000 in TIF assistance. <br />- — ---- -- � <br />Supporting Documents: � <br />l. Memorandum dated May 9, 201 l, from Jill Hutmacher, Community Development Director. <br />2. Renewed 2011 letter of support for MHFA tax credit funding. <br />3. Map showing location of 1296 County Road F. <br />4. June 14, 2010, letter of support for MHFA tax credit funding. <br />5. June 14, 2010, meeting minutes. <br />6. February 14, 201 l, meeting minutes. <br />l _J <br />