flUSTIN HOUSING FINflNCE CORPORRTION Board of Directors: Gus Garcia, President Jackie Goodman, Vice President Raul Alvarez, Director Danny Thomas, Director Beverly Griffith, Director Will Wynn, Director Daryl Slusher, Director Jesus Garza, General Manager Betty Dunkerley, Secretary Sedora Jefferson, General Counsel BOARD OF DIRECTORS' MEETING AUSTIN HOUSING FINANCE CORPORATION SPECIAL CALLED MEETING MINUTES THURSDAY, DECEMBER 13,2001 The Board of Directors of the Austin Housing Finance Corporation (AHFC) was convened at 3:38 p.m. on Thursday, December 13,2001 in the Hancock Building Board Room at the Lower Colorado River Authority, 3700 Lake Austin Blvd. The following agenda were the AHFC items considered by the Austin Housing Finance Corporation's Board of Directors. President Garcia called the meeting to order at 3:38 p.m. AHFC-1. Approval of minutes for Austin Housing Finance Corporation Special Called Meeting of December 6, 2001. The minutes of the Austin Housing Finance Corporation Special Called Meeting of December 6, 2001 were approved on Board Member Wynn's motion, Board Member Garcia's second on a 4-0 vote. Vice President Goodman and Board Members Alvarez and Slusher were off the dais. AHFC-2. Approve a resolution amending the Austin Housing Finance Corporation (AHFC) 2000- 2001 budget and contract between AHFC and the City of Austin Neighborhood Housing and Community Development (NHCD) to reprogram $750,000 of HOME funds to the Architectural Barrier Removal and the Emergency Home Repair programs. Resolution No. 2001-1213-02 was approved on Board Member Wynn's motion, Board Member Thomas* second by a 5-0 vote. Board Members Alvarez and Slusher were off the dais. The motion to adjourn the meeting at 3:40 p.m. was approved on Board Member Griffith's motion, Board Member Goodman's second by a 5-0 vote. Board Members Alvarez and Slusher were off the dais. The minutes for the Austin Housing Finance Corporation Special Called Meeting of December 13, 2001 were approved on Vice President Goodman's motion, Board Member Griffith's second by a 7- 0 vote. CORPORATE OFFICES. 505 Barton Springs Rd. Suite 600. Austin. TX 78704 (512) 974-3103 OFFICE OF CORPORATE COUNSEL, 114 West 7th Street, Austin, XX. 78701(512) 974-2268