HomeMy WebLinkAboutResolution 3804-10-2009A Resolution
NO 3804-10-2009
APPOINTING BOARD OF MANAGERS
FOR THE VILLAS OF EASTWOOD TERRACE, LLC
WHEREAS, the City Council of the City of Fort Worth (the `City") created the Fort Worth
Housing Finance Corporation m 1979 pursuant to the Texas Housing Finance Corporation Act to
facilitate the development of decent, safe and affordable quality housing for low and moderate income
Crty residents through lending and construction activities, and
WHEREAS, the Fort Worth Housing Finance Corporation created the Villas of Eastwood
Terrace, LLC (the `Company") m 2001 for the purpose of developing, owning and operating the Villas
of Eastwood Terrace, a senior housing project located at 4700E Berry Street, Fort Worth, Texas 76110
and
WHEREAS, m order to further its public purpose for the benefit of the City the Fort Worth
Housing Finance Corporation, the sole member of the Company issued its tax-exempt bonds m the
amount of $9 660 000 00 in 2002 and lent the proceeds thereof to the Company for the purpose of
financing the prod ect and
WHEREAS, the First Amended and Restated Regulations of the Company provide that the
business and property of the Company be managed by a Board of Managers which shall be appointed by
the City Council.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FORT WORTH, TEXAS
That the persons whose names, titles and addresses appear below are hereby appointed to the
Board of Managers of the Villas of Eastwood Terrace, LLC
Name
Title
Address
Dale Fisseler
General Manager of the
Fort Worth Housing
Corporation and
City Manager of the
Crty of Fort Worth
ORT WORT
1000 Throckmorton Street,
Fort Worth, Texas 76102
T
RESOLUTION NO 3804-10-2009
T.M. Higgins Assistant City Manager of
the City of Fort Worth over
the Housing and Economic
Development Department
Jesus Chapa Director of the City of
Fort Worth Housing and
Economic Development
Department
Adopted this 27`x' day of October, 2009
APPROVED AS TO FORM AND LEGALITY
Assistant City Attorney
OR~ i10~
1000 Throckmorton Street
Fort Worth, Texas 76102
1000 Throckmorton Street
Fort Worth, Texas 76102
APP~U~Q
CITY CCUCI~.
0 C T 2 7 2009
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City Secretaxy t~.~
City of Fort i~r~eBla; Te~x~s
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