Sand Springs City Council Appeals Tax Credit Apartment Decision

Sand Springs' City Council voted Monday evening to appeal the Oklahoma Housing Finance Agency's decision to award low income housing tax credits to a proposed Sand Springs apartment development.

Tuesday, September 28th 2010, 2:50 pm

By: News On 6

NewsOn6.com

SAND SPRINGS, OKLAHOMA -- Sand Springs' City Council voted Monday evening to appeal the Oklahoma Housing Finance Agency's decision to award low income housing tax credits to a proposed Sand Springs apartment development.

OHFA had approved a low-income housing tax credit funding application by Zimmerman Properties LLC for a 56-unit apartment project near 51st Street and state Highway 97 during its Sept. 16th meeting.

The appeal will be filed in Tulsa District Court.

According to a news release from the city of Sand Springs, following an executive session to discuss Zimmerman Properties' litigation with the City, Mayor Bob Walker made the motion to appeal OHFA's decision. Ward 6 Councilor Brian Jackson seconded the motion, and a unanimous vote followed.

Sand Springs had requested that OHFA delay its decision on the Zimmerman application until the litigation was resolved.