July 24, 2008 Austin Housing Finance Corporation (AHFC) Board of Directors Meeting
Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
July 24, 2008
Meeting Agenda
Agenda, 66kb
Approved Meeting Minutes
The minutes for the Regular meeting of July 24, 2008 were approved on the 7th day of August 2008 on Board Member Cole's motion, Vice President McCracken's second on a 6-0 vote. Board Member Leffingwell's was off the dais.
AHFC Minutes, 74kb
Agenda Items - July 24, 2008
Scroll down to view each item on the meeting agenda or click on a number to go directly to that item.
Item AHFC001 - July 24, 2008
Approve the minutes of the April 10, 2008 Board meeting of the Austin Housing Finance Corporation.
The minutes for the Austin Housing Finance Corporation meeting of April 10, 2008 were approved. Board Member Morrison abstained.
Work Papers and Other Backup Documentation
20080724-AHFC001, Agenda Backup, PDF, 120kb
Item AHFC002 - July 24, 2008
Approve the minutes of the May 15, 2008 Board meeting of the Austin Housing Finance Corporation.
The minutes for the Austin Housing Finance Corporation meeting of May 15, 2008 were approved. Board Member Morrison abstained.
Work Papers and Other Backup Documentation
20080724-AHFC002, Agenda Backup, PDF, 57kb
Item AHFC003 - July 24, 2008
Appoint Anthony Snipes as President of Arbors at Creekside Non-Profit Corporation, Austin Inner-City Redevelopment Corporation and Villas on Sixth Non-Profit Corporation, for concurrent terms, all which will expire on July 24, 2012.
The motion appointing Anthony Snipes as President of Arbors at Creekside Non-Profit Corporation, Austin Inner-City Redevelopment Corporation and Villas on Sixth Non-Profit Corporation was approved.
Work Papers and Other Backup Documentation
20080724-AHFC003, Agenda Backup, PDF, 35kb
Item AHFC004 - July 24, 2008
Authorize the negotiation and execution of one or more construction contracts with ILCOR HOMES, INC. to build up to five single family homes for a total aggregate amount not to exceed $446,260.00.
The motion authorizing the negotiation and execution of one or more construction contracts with Ilcor Homes, Inc. was approved.
Work Papers and Other Backup Documentation
20080724-AHFC004, Agenda Backup, PDF, 54kb
Item AHFC005 - July 24, 2008
Authorize the negotiation and execution of one or more construction contract with J. C. CANTERA HOMES, INC. to build up to five single family homes for a total aggregate amount not to exceed $431,280.00.
The motion authorizing the negotiation and execution of one or more construction contracts with J. C. Cantera Homes, Inc. was approved.
Work Papers and Other Backup Documentation
20080724-AHFC005, Agenda Backup, PDF, 53kb
Item AHFC006 - July 24, 2008
Approve the negotiation and execution of a loan to GUADALUPE NEIGHBORHOOD DEVELOPMENT CORPORATION, or its affiliate, under the Acquisition and Development Program, in an amount not to exceed $1,000,000, in compliance with applicable affordable housing general obligation bond financing requirements and performance goals, to fund acquisition of four acres located at 1126 Tillery Street to be developed for at least 28 single-family homes to be sold to low- and moderate-income buyers.
The motion for the negotiation and execution of a loan to Guadalupe Neighborhood Development Corporation was approved.
Work Papers and Other Backup Documentation
20080724-AHFC006, Agenda Backup, PDF, 75kb
Item AHFC007 - July 24, 2008
Approve a resolution authorizing the acceptance of $476,954 in fees generated from tax credit bond projects; and amending the Fiscal Year 2007-2008 Austin Housing Finance Corporation Housing Assistance Fund Budget of Resolution AHFC No. 20070910-001 to appropriate $476,054 for a total budget of $626,054.
Resolution No. 20080724-AHFC007 in the amount of $476,054 was approved.
Executed Resolution
Resolution No. 20080724-AHFC007, PDF, 32kb
Work Papers and Other Backup Documentation
20080724-AHFC007, Agenda Backup, PDF, 67kb
Page updated: 7/17/2013
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