Austin Housing Finance Corporation (AHFC) Transcript – 4/20/2023 Title: ATXN-1 (24hr) Channel: 1 - ATXN-1 Recorded On: 4/20/2023 6:00:00 AM Original Air Date: 4/20/2023 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. [10:33:19 AM] Now I really will recess the Austin city council regular meeting and I'll call to order the board of directors of the Austin housing finance corporation. It is April 20th 2023. It is appropriately 10:33 A.M. We have a quorum of we have a we have all of the members of the board of directors here with us. Good morning, Mr president. Madam vice president, border directors. My name is James may I'm the housing and community development officer for the housing department. Before you today you have an agenda of nine items again. Item number seven has been withdrawn and replaced by number item number 10. I'll walk you through these items very quickly. First is the approval of minutes for the last [10:34:19 AM] three hfc meetings. This is the 2nd 3rd and 4th items on your agenda, our budgetary amendments and amendments to our service agreement so that hfc has access to the 2022 general obligation bonds that were approved by voters as well as project connect funding provided by Austin transit partnership. And some amendments store housing trust fund and housing assistance fund again so that we can have access to those dollars and make loans to developers for development of housing. I'm number five is a contract with gmc consultants for transfer, tenant relocation and housing location services in the amount of $700,000 item number 68 and 10 all concern, renaming several nonprofit corporations, affiliates of hfc and assigning the correct properties to those nonprofit corporations. And item number nine is to set a public hearing to amend the private activity bond agreement with los Portales del. Later Guerreiro, located in district three. I [10:35:20 AM] offer all of these items on consent, and I'm happy to answer any questions. Members of any of the director do any of the directors have questions? Counselor director Kelly I'm sorry. I don't have a question. I intend on reflecting my voters and no, I'm sorry. I raised my hand too early. Very good. Is there anyone that has any questions? Alright in anticipation. I'll ask now for anybody that wants to be shown abstaining on any of these items that have been offered on consent. Is there anyone wishing to be shown as recusing themselves on any of these items? Council member, Kelly thank you. I would like to be shown as voting no on items. Two through 10. With the exception of items seven that has been withdrawn, and I'd like to thank Mr may for coming out to pick on gardens with me and my staff as well as the interim city manager the other day. Thank you. Thank you. Is there a motion to adopt the consent agenda for the Austin housing finance corporation? As a consent agenda . Council member qadri seconded by the mayor pro Tim is there [10:36:22 AM] any discussion on the consent agenda? Mayor, protein noticed council member harper-madison had her hand up. Didn't know she had a question. I'm sorry, I can't remember harper-madison. Thank you, mayor. Pretend I did not have a question. I was just trying to second the motion, but very good. I'll get you next. Thank you. Probably apologize for that. Thank you for pointing that out. Mayor pro tem. All right. Is there any discussion on the consent? Urgent. Is there any objection to the motion to adopt the consent agenda as red? Hearing none. The consent agenda is adopted, with council member Kelly being shown voting no and items two through 10, with the exception of seven with it, which is withdrawn. Without objection, we will adjourn the meeting of the board of directors of the Austin housing finance corporation