anrc RBA AUSTIN HOUSING FINANCE CORPORATION RECOMMENDATION FOR BOARD ACTION AGENDA ITEM NO.: AHFC-1 AGENDA DATE: Thu 07/28/2005 PAGE: 1 of 1 SUBJECT: Approve the minutes of the June 23, 2005 Board meeting of the Austin Housing Finance Corporation. AMOUNT & SOURCE OF FUNDING: N/A FISCAL NOTE: There is no unanticipated fiscal impact. A fiscal note is not required. REQUESTING DEPARTMENT: Austin Housing Finance Corporation DIRECTOR'S AUTHORIZATION: Paul Hileers FOR MORE INFORMATION CONTACT: Paul Hilgers, Director, Neighborhood Housing and Communtiy Development, 974-3108. PRIOR BOARD ACTION: N/A BOARD AND COMMISSION ACTION: N/A The minutes are attached. RCA Serial*: 9323 Date: 07/28/05 Original: Yes Disposition: Published: Fri 07/22/2005 Adjusted version published: fohfcf Board of Directors: Will Wynn, President Jackie Goodman. Vice President Raul Alvarez, Director Danny Thomas, Director Betty Dunkerley, Director Brewster McCracken, Director Daryl Slusher, Director Toby Hammett Futrell, General Manager Shirley Brown, Secretary Paul Hllgers, Treasurer David Smith, General Counsel flUSTIN HOUSING FINflNCE CORPORfiTION BOARD OF DIRECTORS' MEETING AUSTIN HOUSING FINANCE CORPORATION SPECIAL CALLED MEETING MINUTES THURSDAY, June 23,2005 The Board of Directors of the Austin Housing Finance Corporation (AHFC) was convened on Thursday, June 23, 2005, in the Council Chambers of City Hall, 301 W. 2nd Street, Austin, Texas. The following were the AHFC items considered by the Austin Housing Finance Corporation's Board of Directors. President Wynn called the meeting to order at 4:21 p.m. AHFC-1 Approve the minutes of the June 9, 2005 Board meeting of the Austin Housing Finance Corporation. The minutes for the Austin Housing Finance Corporation meeting of June 9, 2005 were approved on Vice President Thomas* motion, President Wynn's second on a 5-0 vote. Council Members Lefilngwell and Kim abstained since they were not members of tbts body at the time of the meeting. AHFC-2 Approve the negotiation and execution of a construction contract with Din MAR HOMES, Austin TX, in compliance with applicable federal requirements, including Code of Federal Regulations Title 24 Section 85.40 performance goals, under the Acquisition and Development Program in an amount not to exceed $365,065.00 for the purpose of building six single family houses in the Anderson Hill neighborhood. (Funding is available from the Grant Operating Budget, from HOME program income for Fiscal Year 2004-2005.) The motion authorizing the negotiation and execution of a construction contract was approved on Board Member Alvarez* motion, President Wynn's second. Council Members Leffingwell and Kim abstained. The meeting was adjourned without objection at 4:23 p.m.