Approval of Minutes 1. Approve the minutes of the June 14, 2012 Board meeting of the Austin Housing Finance Corporation. Consent 2. Approve a resolution reappointing Lee Leffingwell as President, appointing Sheryl Cole as Vice-President, and reappointing Marc A. Ott as General Manager of the Austin Housing Finance Corporation Board of Directors, for three-year terms expiring on June 20, 2015. 3. Approve a resolution appointing Humberto Lumbreras as President of Arbors at Creekside Non-Profit Corporation, Austin Inner-City Redevelopment Corporation and Villas on Sixth Non-Profit Corporation for concurrent terms, to expire on July 24, 2016; and as President of the Board of AHFC Village on Little Texas Non-Profit Corporation for a term to expire June 10, 2015. 4. Approve the negotiation and execution of a loan to FOUNDATION COMMUNITIES in an amount not to exceed $2,360,000 to assist with the property acquisition and the new construction of a 135-unit single-room occupancy housing facility for homeless and low-income individuals to be located at 309 East 11th Street.
Approval of Minutes 1. Approve the minutes of the June 14, 2012 Board meeting of the Austin Housing Finance Corporation. Consent 2. Approve a resolution reappointing Lee Leffingwell as President, appointing Sheryl Cole as Vice-President, and reappointing Marc A. Ott as General Manager of the Austin Housing Finance Corporation Board of Directors, for three-year terms expiring on June 20, 2015. 3. Approve a resolution appointing Humberto Lumbreras as President of Arbors at Creekside Non-Profit Corporation, Austin Inner-City Redevelopment Corporation and Villas on Sixth Non-Profit Corporation for concurrent terms, to expire on July 24, 2016; and as President of the Board of AHFC Village on Little Texas Non-Profit Corporation for a term to expire June 10, 2015. 4. Approve the negotiation and execution of a loan to FOUNDATION COMMUNITIES in an amount not to exceed $2,360,000 to assist with the property acquisition and the new construction of a 135-unit single-room occupancy housing facility for homeless and low-income individuals to be located at 309 East 11th Street.