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$13M Housing Bonds Public Hearing

Thursday, June 6, 2019 Austin Housing Finance Corporation (AHFC) Board of Directors AHFC Meeting
  • The Austin Housing Finance Corporation held a public hearing regarding the issuance of $13 million in multi-family private activity bonds.
  • These bonds are designated to support the "Govalle Terrace" project, developed by the Cesar Chavez Foundation.
  • No members of the public spoke during the hearing to offer comments on the proposed bond issuance.
  • The main City Council meeting had few remaining agenda items after the Housing Finance Corporation meeting concluded.

Full Transcript

Austin Housing and Finance Corporation Meeting Transcript – 06/6/2019 Title: City of Austin Description: 24/7 Channel: 6 - COAUS Recorded On: 6/6/2019 6:00:00 AM Original Air Date: 6/6/2019 Transcript Generated by SnapStream [5:28:08 PM] >> Mayor Adler: Okay. It's been moved and seconded. We're taking a vote. All those in favor raise your honored. Those opposed. Councilmember harper-madison gone. I don't know if we have anything that doesn't have speakers. Let me see. There's a Austin housing finance corporation item. Is there a speaker that wishes to speak to that? No? Well, then let's recess the council meeting here at 5:28. Let's convene the Austin housing finance corporation here on June 6 at 5:28. We have a quorum present. We're in city hall here. Council room. There's one item, is that correct. >> One item. Mandy de mayo, Austin housing finance corporation. This is a public hearing and receiving public comment for issuing $13 million in multi-family private activity bonds for govalle terrace, Cesar Chavez foundation on Jane lane.>> Mayor a this just to have the public hearing or to take action or both? >> It is just the public hearing. >> Mayor Adler: Okay. Is there anyone here that wishes to speak on this item? Okay. In which case then is it there a motion to close the public hearing? Councilmember Renteria makes the motion to close the public hearing. Is there a second? Councilmember Ellis. Let's take a vote. Those in favor of closing the public hearing, having given people the opportunity to speak, please raise your hand? Those opposed? Unanimous on the dais with councilmember harper-madison gone. >> Thank you. >> Mayor Adler: That concludes and we adjourn the Austin housing finance corporation meeting. That gets us back into the city council meeting. I'm looking at the agenda. I don't think we have anything left on here. Item number 78 is vane Reno here?