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Attachment E <br />45 <br />46NOW,THEREFORE, BE IT RESOLVED THAT the Authority supports the creation of a <br />47housing TIF district and a loan of the Authority’s CDBG funds to finance a portion of the <br />48proposed Facility as described above, provided that the Council must comply with all of the <br />49legally required proceedings set forth in the TIF Act; and be it further resolved that the Authority <br />50supports the Developer’s application for tax credits for the Facility. <br />51 <br />th <br />52Adopted by the Board of the Authority this 8 day of May, 2017. <br />53 <br />54 <br />55 <br />56 <br />57 <br />58 <br />59 <br />60 <br />61 <br />62 <br />63 <br />64 <br />65 <br />66 <br />67 <br />68 <br />69 <br />70 <br />71 <br />72 <br />73 <br />74 <br />498954v3 MNI RS275-14 <br /> <br />