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ALRIGHT COLLEAGUES,

[00:00:01]

WE'RE GOING TO MOVE TO THE AUSTIN HOUSING FINANCE CORPORATION ITEM A TO DO THAT.

I AM GOING TO RECESS OUR CITY COUNCIL MEETING HERE AT, UH, 11:22 AM.

UH, AND I'M GOING TO CONVENE

[Consent]

THE AUSTIN HOUSING FINANCE CORPORATION HERE TODAY ON SEPTEMBER 3RD, 2020.

THE TIME IS 11:22 AM.

UH, THIS MEETING IS HAPPENING, UM, UH, BY TELECONFERENCING.

UH, WE HAVE A QUORUM OF THE DIRECTORS PRESENT, UH, IS STAFF HERE TODAY TO WALK US THROUGH THE CONSENT AGENDA? YEAH.

YES, WE ARE MANDY TO MAYOR AUSTIN HOUSING FINANCE CORPORATION ARE TWO STRINGS ON YOUR AGENDA TODAY.

ITEM NUMBER ONE IS TO AUTHORIZE THE ONE-YEAR SERVICE AGREEMENTS BETWEEN THE CITY OF AUSTIN AND AUSTIN HOUSING FINANCE CORPORATION, UH, IN AN AMOUNT OF APPROXIMATELY $75.6 MILLION.

UH, ITEM NUMBER TWO IS TO AUTHORIZE THE NEGOTIATION OF A LOAN AGREEMENT WHERE ASPERO AUSTIN AT RUTLAND YOU'LL RECALL, BUT THIS IS A, UM, 171 UNIT PERMANENT SUPPORTIVE HOUSING, UH, PROPOSED PROJECT IN 1931 DRIVE.

AND IT'S A PARTNERSHIP BETWEEN CARA TASA, AUSTIN AND THE PACINO GROUP.

AND THAT IS IN THE AMOUNT OF $2.5 MILLION A PACK.

THANK YOU.

THOSE ARE THE TWO ITEMS ON THE AGENDA.

IS THERE A MOTION TO APPROVE THOSE ITEMS ON CONSENT? COUNCILMEMBER COLE HAS HER HAND UP AND COUNSELOR ELLIS HAD THEIR HANDS UP THERE.

MAKES THE MOTION COUNSELOR ELLIS SECONDS AND THE DISCUSSION ON THE CONSENT AGENDA HEARING NONE.

LET'S GO AHEAD AND TAKE A VOTE.

COUNCIL MEMBER HARPER, MADISON, HOW DO YOU VOTE OR ELSE? RAISE YOUR HAND.

HOW'S IT LOOK, MAYOR PRO TEM.

I SEE EVERYBODY'S HAND UP.

ALL RIGHT.

IT'S AT THE AGENDA IS APPROVED STAFF.

THANK YOU VERY MUCH, MAN.

UH, WITH THAT THE AUSTIN HOUSING FINANCE CORPORATION MEETING IS ADJOURNED AT 1124, RIGHT?

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