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OKAY.

[00:00:01]

AND WHICH CASE WE'RE GOING TO

[Consent]

MOVE ON TO HFC.

SO WE WILL NOW RECESS THE AUSTIN CITY COUNCIL MEETING AT 2:17 PM AND CONVENE THE AUSTIN HOUSING FINANCE CORPORATION MEETING HERE AT 2:17 PM.

AND IF I'M NOT MISTAKEN, WE DON'T HAVE ANY SPEAKERS.

WHO DO WE HAVE REPRESENTING HFC? I SEE MANDY, MANDY AND I ARE ON VIDEO.

OKAY, THANK YOU.

WOULD YOU LIKE TO RUN US THROUGH THE CONSENT AGENDA DIRECTOR? TRUE LOVE.

GO AHEAD.

MANDY.

FINANCE CORPORATION.

UH, THERE ARE FOUR ITEMS ON THE CONSENT AGENDA TODAY.

THE FIRST ITEM IS MEETING MINUTES FROM AUGUST 11TH, AUGUST 26 AND SEPTEMBER 2ND.

THE SECOND ITEM IS APPROVING A RESOLUTION AUTHORIZING STAFF TO MOVE FORWARD WITH THE FORMATION OF A H F NONPROFIT SUBSIDIARY CALLED H H S E KAREN POINT NONPROFIT CORPORATION.

UM, AND THAT NONPROFIT WILL ACT AS A GENERAL PARTNER LIMITED PARTNERSHIP TO DEVELOP 130 UNITS SENIOR HOUSING DEVELOPMENT ON SPRINGDALE ROAD.

UH, THE THIRD ITEM IS CONDUCTING A PUBLIC HEARING WITH RESPECT TO A 25 MILLION, UM, MULTIFAMILY REVENUE BOND, UM, UH, ISSUANCE FOR A 240 UNIT MULTI-FAMILY DEVELOPMENT AT 11 700 DEANDA LANE KNOWN AS COLORADO CREEK APARTMENTS.

AND THE FOURTH ITEM IS, UM, AUTHORIZING HFC TO ISSUE MULTIFAMILY HOUSING, REVENUE, BONDS FOR THAT SAME DEVELOPMENT, UP TO $25 MILLION IN PRIVATE ACTIVITY BONDS.

I OFFERED THOSE FOUR ITEMS ON CONSENT.

I'M HAPPY TO TAKE ANY QUESTIONS.

OH, THANK YOU.

SO THE CONSENT AGENDA IS ITEMS ONE THROUGH FOUR.

IS THERE A MOTION TO APPROVE THE CONSENT AGENDA? COUNCIL MEMBER MAKES THE MOTION TO APPROVE THE CONSENT AGENDA AND COUNCIL MEMBER ELLIS SECONDS.

THAT MOTION, UM, ALL IN FAVOR UNANIMOUS, UH, MAY RATHER YOU ARE ON THE DICE.

SO THAT ONE PASSES UNANIMOUSLY AND MAY OF PROTON, UM, COUNCIL MEMBER CASAR.

OH, IT'S A MEMBER CASAREZ OFFICE.

I APPRECIATE YOU.

THAT ONE IS UNANIMOUS WITH COUNCIL MEMBER CASSETTE OF THE DIES.

SO THE MEETING OF THE AUSTIN HOUSING FINANCE CORPORATION IS ADJOURNED.

* This transcript was compiled from uncorrected Speech-to-Text.