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AND I WILL NOW CALL TO ORDER THE BOARD OF DIRECTORS MEETING OF THE AUSTIN HOUSING FINANCE CORPORATION AND[Consent ]
WE WILL RECOGNIZE STAFF FOR A PRESENTATION VICE FOR DIRECTORS.I'M THE HOUSING AND COMMUNITY DEVELOPMENT OFFICER FOR THE HOUSING DEPARTMENT.
UH, BEFORE YOU YOU HAVE AN AGENDA WITH EIGHT ITEMS LISTED.
HOWEVER, AS YOU MENTIONED EARLIER, TWO OF THEM HAVE BEEN POSTPONED UNTIL OCTOBER 24TH AND ONE HAS BEEN WITHDRAWN, REPLACED BY NUMBER EIGHT.
UM, THE NUMBER EIGHT IS THE APPROVAL OF THE MINUTES, UH, FROM THE BOARD MEETINGS OF MAY 2ND, MAY 30TH AND JULY 18TH.
UH, THAT REPLACEMENT WAS DUE TO A A TYPOGRAPHICAL ERROR.
UH, NUMBER TWO ON YOUR AGENDA IS THE APPROVAL OF, UH, THE ISSUANCE OF PRIVATE ACTIVITY BONDS IN THE TOTAL OF $64,819,515 FOR AUSTIN LEE'S HOUSING ASSOCIATES.
FIVE LP UH, FOR THE DEVELOPMENT OF SAGE AT FRANKLIN PARK.
THIS IS A PROPERTY, UH, ON 46 0 5 SOUTH PLEASANT VALLEY ROAD.
UH, ITEM NUMBER FIVE IS THE ISSUANCE OF, I'M SORRY, THE, UH, AUTHORIZATION OF A 12 MONTH CONTRACT WITH, UH, AUSTIN HOUS, THE AUTHORITY, THE HOUSING AUTHORITY OF THE CITY OF AUSTIN.
STOP READING IT WAS, UH, UH, IT'S A 12 MONTH CONTRACT WITH THE HOUSING AUTHORITY OF THE CITY OF AUSTIN FOR THE MANAGEMENT OF OUR LOCAL HOUSING VOUCHER PROGRAM.
UH, AND THAT IS NOT TO EXCEED A $6 MILLION.
NUMBER SIX IS TO APPROVE THE, UH, LOAN AGREEMENT RELATED AND RELATED DOCUMENTS WITH AUSTIN REVITALIZATION AUTHORITY, UH, FOR $674,000 WITH THE, FOR THE ACQUISITION OF THE PROPERTY LOCATED AT 8 4 1 8 RIVERSTONE DRIVE.
AND THEN FINALLY, UH, TO AUTHORIZE THE NEGOTIATION AND EXECUTION OF THE HOUSING ASSISTANCE PAYMENT CONTRACT OR HAP FOR THE, UH, LOCAL HOUSING VOUCHERS, UH, FOR BUNGALOWS AT CENTURY PARK, WHICH IS A PROPERTY, UH, THAT IS MANAGED BY UH, INTEGRAL CARE.
I OFFER ALL OF THESE ON CONSENT MEMBERS.
UH, ARE THERE ANY QUESTIONS OF STAFF WITH REGARD TO THE PROPOSED CONSENT AGENDA FOR A HFC? ALRIGHT, LEMME TURN TO THE CITY CLERK AND SEE IF WE HAVE ANYONE SIGNED UP FOR PUBLIC COMMENT ON INDIVIDUAL ITEMS. MAYOR, WE ONLY HAD ONE SPEAKER.
THEY'RE REMOTE AND THEY HAVE NOT YET CALLED IN.
UM, I'LL ENTERTAIN A MOTION TO APPROVE THE CONSENT AGENDA.
COUNCIL MEMBER, UH, BOARD MEMBER RYAN ALTER MOVES APPROVAL OF THE CONSENT AGENDA AS IT WAS READ INTO THE RECORD, IS SECONDED BY BOARD MEMBER CADRE.
IS THERE ANYONE WISHING TO BE SHOWN ABSTAINING ON ANY OF THESE ITEMS? ANYONE WISHING TO RECUSE THEMSELVES ON ANY OF THE ITEMS ANYONE WISHING TO BE SHOWN VOTING NO ON ANY OF THE ITEMS WITHOUT OBJECTION? THE UH, CONSENT AGENDA FOR A HFC IS APPROVED WITH COUNCIL WITH BOARD MEMBER HARPER MADISON OFF THE DAIS.
WITHOUT OBJECTION, WE WILL ADJOURN THE MEETING OF THE BOARD OF DIRECTORS OF THE AUSTIN HOUSING FINANCE CORPORATION AT 10:45 AM.