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IT IS 10:33 AM ON THURSDAY, JANUARY 18TH.I WILL NOW CALL TO ORDER THE MEETING OF THE BOARD OF DIRECTORS OF THE AUSTIN HOUSING FINANCE CORPORATION, AND I WILL RECOGNIZE STAFF, UH, FOR A PRESENTATION.
AND I'VE GOT, SO THE BREAK OF COURSE, I, I, I SCREWED THIS UP ALL TIME LAST YEAR TOO, BUT I'M GONNA BLAME THE BREAK.
UM, BEFORE WE DO THAT, I'M GOING TO RECESS THE MEETING OF THE AUSTIN HOUSING FINANCE CORPORATION WITHOUT OBJECTION AT 10 34, WHICH NOW MAKES THAT THE SHORTEST MEETING WE EVER HAD OF THE AUSTIN HOUSING FINANCE CORPORATION COUNCIL MEETING.
I WILL NOW CALL BACK TO ORDER THE BOARD OF DIRECTORS MEETING OF THE AUSTIN HOUSING FINANCE CORPORATION, PLEASE.
GOOD MORNING, MS. PRESIDENT, UH, BOARD OF DIRECTORS.
I'M THE HOUSING AND COMMUNITY DEVELOPMENT OFFICER FOR THE HOUSING DEPARTMENT, UH,
[Consent]
ON YOUR AUSTIN HOUSING FINANCE CORPORATION AGENDA.TODAY YOU HAVE FOUR ITEMS. UH, THE FIRST IS TO APPROVE THE MINUTES FROM THE NOVEMBER 30TH AND THE DECEMBER 14TH MEETINGS.
AND THEN THE OTHER THREE, I'D LIKE TO GO INTO REVERSE ORDER 'CAUSE THAT MAKES IT A LITTLE BIT MORE, UH, UNDERSTANDABLE.
I'VE BEEN TRYING TO GET JOY HARDEN TO DO THAT, BUT SO, SO LET'S SEE HOW IT'S DONE.
UH, ITEM NUMBER FOUR, UH, IS TO APPROVE A RESOLUTION AMENDING OUR CAP, THE AUSTIN HOUSING FINANCE CORPORATION CAPITAL BUDGET.
UH, THAT IS TO MOVE A, AN AMOUNT OF FUNDS, UH, TO EXECUTE A CONTRACT FOR PECAN GARDENS HOTEL.
AS YOU KNOW, THAT IS OWNED BY THE CITY AND NOT BY THE HOUSING FINANCE CORPORATION.
UH, HOWEVER, THE FUNDS ARE HELD BY THE HOUSING CORPORATION.
THAT'S WHY WE NEED TO DO THAT AMENDMENT.
THE ITEM NUMBER THREE IS, UH, TO ADOPT OR TO APPROVE THE, UH, UH, OR ACCEPT THE $1 MILLION FROM THE BUDGET STABILIZATION RESERVE FUND, UH, AS WAS APPROVED DURING THE BUDGET THIS YEAR.
UH, AN AMENDMENT BY CON, UH, COUNCIL MEMBER RYAN ALTER, UH, THOSE FUNDS WILL BE USED FOR OUR, UH, UM, OUR LOCAL HOUSING VOUCHER PROGRAM.
UM, AND THEN THE SECOND ITEM COMBINES THOSE TWO TO, UH, AMEND OUR FISCAL YEAR SERVICE AGREEMENT.
SO WE ARE REMOVING $400,000 FROM OUR CAPITAL BUDGET, ADDING $1 MILLION TO OUR OPERATING BUDGET.
AND THEN THE SUM TOTAL IS A, AN INCREASE OF THE OPERATING OR THE SERVICE AGREEMENT OF $556,532.
MEMBERS, DO YOU HAVE, UH, ANY QUESTIONS OF STAFF WITH REGARD TO THESE ITEMS? ALRIGHT, WITH THAT BEING SAID, UM, I'LL ENTERTAIN, WE HAVE SOMEBODY SIGNED UP TO SPEAK.
SO LET ME, UH, ASK THE CLERK TO DO THAT FIRST AND THEN I'LL CALL.
SORRY, WE HAD ONE PERSON THAT SIGNED UP TO SPEAK.
THEY HAVEN'T CALLED IN REMOTELY.
I JUST WANNA SEE IF MS. DENOIA JOSEPH IS HERE TO SPEAK.
ALRIGHT, MEMBERS, WE, UH, DON'T HAVE ANYONE SIGNED UP TO SPEAK.
COUNCIL MEMBER, ARE YOU GONNA MAKE A MOTION? COUNCIL MEMBER? I'LL RECOGNIZE, UH, BOARD MEMBER ALLISON ALTER.
I MOVE PASSAGE OF ALL ITEMS. UH, THE, UH, BOARD MEMBER ALTER HAS MOVED PASSAGE OF, UH, THE CONSENT AGENDA.
ALL ITEMS. IS THERE A SECOND? SECONDED BY COUNCIL, UH, BOARD MEMBER ELLIS.
IS THERE ANY DISCUSSION? ANY DISCUSSION, ANYONE WISHING TO BE SHOWN ABSTAINING? ANYONE WISHING TO BE SHOWN RECUSING THEMSELVES? ANYONE VOTING NO WITHOUT OBJECTION.
THE CONSENT AGENDA OF PASSES AND ALL ITEMS ARE PASSED.
WITHOUT OBJECTION, WE WILL ADJOURN THE MEETING OF THE BOARD OF DIRECTORS OF THE AUSTIN HOUSING FINANCE CORPORATION AT 10 47 ON THURSDAY, JANUARY 18TH.