Austin Housing Funds for Villas on Sixth
- Approved a loan agreement to support the "Villas on Sixth" housing project.
- Conducted routine administrative business, including approving previous meeting minutes.
- Passed several standard resolutions related to financial and partnership agreements.
Full Transcript
Austin Housing Finance Corporation Meeting Transcript – 07/29/2020
Title: City of Austin Channel: 6 - COAUS Recorded On: 7/29/2020 6:00:00 AM Original Air Date: 7/29/2020 Transcript Generated by SnapStream ==================================
Please note that the following transcript is for reference purposes and does not constitute the official record of actions taken during the meeting. For the official record of actions of the meeting, please refer to the Approved Minutes.
That gets us then to Austin housing finance corporation. Is staff here for that? >> They are, just give it one second. >> Mayor Adler: I know kind of abrupt change. >> Mayor, council, this is Austin housing finance corporation. >> Mayor Adler: Mandy, hang on one second. I just wanted to make sure you were here. I'm going on the recess the Austin city council meeting. It is 3:20. I'm going to convene Austin
[3:21:02 PM]
housing finance corporation meeting. Today is July 29, 2020. The time is 3:20. This is a meeting that's being held virtually. A quorum of the council is present. And somebody needs to mute their [inaudible]. A lot of background noise. We have a quorum present. Do you want to take us through the consent agenda, Mandy? >> We have five items on the consent agenda. The first is approving the meeting minutes from the June 11 board meeting. The second item is approving
[3:22:04 PM]
a resolution [indiscernible]. Item number 3 is a resolution authorizing the amendment -- an amendment, administrative amendment [indiscernible] >> Mayor Adler: If you can stay close [inaudible]. >> Sure thing. Item number 4 is approving the negotiation and execution of a loan agreement between Austin housing finance corporation and ahfc for [indiscernible] Dollars for the villas on sixth project located in 3. And then item number 5 is a resolution authorizing [inaudible] Partnership to
[3:23:05 PM]
be formed [inaudible]. I'm happy to answer any questions on these items. >> Mayor Adler: Is there a motion to approve the consent agenda? Mayor pro tem makes that motion, seconded by any discussion on the consent agenda? Those in favor please raise your hand. Those opposed? It's unanimous on the dais with director harper-madison off. I think that takes care of all of our business with Austin housing finance corporation meeting. And with that then the meeting is adjourned here at 3:23.