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Home My WebLink About2011/02/08-Minutes-Fort Worth Housing Finance Corporation (FWHFC)CITY OF FORT WORTH, TEXAS FORT WORTH HOUSING FINANCE CORPORATION CALLED — SPECIAL SESSION TUESDAY, FEBRUARY 8, 2011 Present: President Kathleen Hicks Vice President Danny Scarth Secretary Frank Moss Director Mike Moncrief Director Salvador Espino Director W. B. "Zim" Zimmerman Director Jungus Jordan Director Carter Burdette Director Joel Burns City staff: Susan Alanis, Assistant City Manager Vicki Ganske, Senior Assistant City Attorney Ron Gonzales, Assistant City Secretary Jay Chapa, Assistant General Manager Jean Petr, Gas Lease Program Manager Other staff: Cynthia Garcia, Assistant Director, Housing & Economic Development Department Robert Stums, Economic Development Manager, Housing & Economic Development Dept. Leann Guzman, Assistant City Attorney Mark Folden, Housing Program Manager, Housing & Economic Development Department Ryan Haden, Development Project Coordinator, Housing & Economic Development Dept. Avis Chaisson, Development Project Coordinator, Housing & Economic Development Dept. Robin Bentley, Real Property Coordinator, Housing & Economic Development Department Fabiola Suarez, Economic Development Specialist, Housing & Economic Development Dept. Ana Alvarez, Economic Development Specialist, Housing & Economic Development Dept. Call M Order (Agenda Item 1) With a quorum present, President Hicks called the meeting to order for the Board of Directors of the Fort Worth Housing Finance Corporation (Corporation) at 1:39 p.m. on Tuesday, February 8, 2011, in the Pre - Council Chamber of the Fort Worth Municipal Building, 1000 Throckmorton Street, Fort Worth, Texas. CITY OF FORT WORTH, TEXAS FORT WORTH HOUSING FINANCE CORPORATION CALLED — SPECIAL SESSION TUESDAY, FEBRUARY 8, 2011 PAGE 2 Approval of Minutes of the January 4, 2011 Meeting (Agenda Item 2) President Hicks opened the floor for a motion on the approval of the minutes of the Tuesday, January 4, 2011, meeting. MOTION: Upon a motion made by Director Burns and seconded by Director Zimmerman, the Board of Directors voted nine (9) "ayes" and zero (0) "nays ", to approve the Tuesday, January 4, 2011, minutes of the Corporation as presented. The motion carried. Written Reports: Memo on J. A. Cavile Place Transformation Plan (Agenda Item 3A) President Hicks referenced the Memo on the Cavile Place Master Plan and opened the floor for discussion on the report. Director Moss stated that the transformation plan had been worked on for about four (4) years and was a way of reviving that community. Mr. Chapa stated that the idea behind this plan was to partner with the Fort Worth Housing Authority (FWHA) and added that there were some federal programs that provided grants to be able to redevelop FWHA properties. He added that the new programs allowed for the further redevelopment of the whole neighborhood area and that staff would like the opportunity to partner with the FWHA to be able to determine what putting together a plan would cost and then come back to the board to get approval for the funding of the plan. He pointed out that the plan would be an integral part of any application for a federal grant such as Hope Six, usually about a $20M grant and Choice Communities, a new grant program that provided for grants upwards to about $5M. He added that receipt of these grants could really make a big difference in this area and the idea was to take public housing units and modernize them. Director Moss stated that the critical piece of this was that over 45 percent of the land in the area was vacant, which was a substantial amount of property not being used. He added that the proposal was that whether federal funds are received or not, if there was a work plan to go about reviving, restoring and rebuilding this neighborhood, that it could be achieved if there was a pretty good plan in place. President Hicks agreed and applauded Director Moss for staying with this issue for an area of the City that really needed the support. She asked Mr. Chapa what occurred next for the plan. CITY OF FORT WORTH, TEXAS FORT WORTH HOUSING FINANCE CORPORATION CALLED — SPECIAL SESSION TUESDAY, FEBRUARY 8, 2011 PAGE 3 Written Reports: Memo on J. A. Cavile Place Transformation Plan (cont'd) (Agenda Item 3A) Mr. Chapa stated that staff had been working with the FWHA and providing input to their Request for Proposal (RFP) for the planning consultant. He added that once the RFP was completed the FWHA wanted to release the RFP around the March 1, 2011, timeframe. He advised that the RFP would be out for approximately 30 to 45 days and once the proposals were received and the costs determined, there would be a selection process to bring back recommendations for funding to the Corporation. He pointed out that Barbara Holston, The President and CEO of the FWHA would also have to approach her board to request funding to hire the consultant and that it was hoped a consultant would be hired by possibly May 2011. Director Moss pointed out that this project also had the support of Congressman Burgess's office. The written report was provided to the Board as a matter of information. There was no formal action taken on the report. Written Reports: Financial Report through December 31, 2010 (Agenda Item 3B) President Hicks referenced the Financial Report through December 31, 2010, and opened the floor for discussion on the report. There was no discussion on this agenda item. The written report was provided to the Board as a matter of information. There was no formal action taken on the report. Executive Session (Agenda Item 4) President Hicks stated that she had been advised that an Executive Session was not necessary to discuss the following items: A. Seek the advice of its attorneys concerning the following items that are exempt from public disclosure under Article X, Section 9, of the Texas State Bar Rules, as authorized by Section 551.071 of the Texas Government Code: (i) legal issues concerning any current agenda item; B. Discuss the purchase, sale, lease or value of real property, as authorized by Section 551.072 of the Texas Government Code. Deliberation in an open meeting would have a detrimental effect on the position of the Corporation in negotiations with a third party; and CITY OF FORT WORTH, TEXAS FORT WORTH HOUSING FINANCE CORPORATION CALLED — SPECIAL SESSION TUESDAY, FEBRUARY 8, 2011 PAGE 4 Executive Session (cont'd ) (Agenda Item 4) C. Discuss or deliberate negotiations relating to any economic development negotiations, as authorized by Section 551.087 of the Texas Government Code. This agenda item was passed over. Adopt Resolution Appointing Tom Higgins as General Manager for the Fort Worth Housing Finance Corporation (Agenda Item 5) Mr. Jay Chapa, Assistant General Manager, addressed the Corporation regarding the proposed resolution. He advised that the resolution needed to be amended to reflect the adopted date of February 8, 2011, instead of February 8, 2010. President Hicks opened the floor for discussion on this issue. There being no discussion, President Hicks opened the floor for a motion. MOTION: Upon a motion made by Director Moss and seconded by Director Zimmerman, the Board voted nine (9) "ayes" and zero (0) "nays ", to approve Resolution No. FWHFC 2011 -04 as amended. The motion carried. Requests for Future Agenda Items (Agenda Item 6) President Hicks opened the floor on requests for future agenda items. No requests were made by Board members. Adiourn (Agenda Item 7 With no further discussion, President Hicks adjourned the called — special session of the Fort Worth Housing Finance Corporation Board at 1:46 p.m. on Tuesday, February 8, 2011. CITY OF FORT WORTH, TEXAS FORT WORTH HOUSING FINANCE CORPORATION CALLED — SPECIAL SESSION TUESDAY, FEBRUARY 8, 2011 PAGE 5 These minutes approved by the Fort Worth Housing Finance Corporation Board of Directors on the _5th day of April_, 2011. APPROVED: Kathleen Hicks President ATTEST: Frank Moss Secretary Pre ared and respectfully submitted by: Ronald P. Gonzales, T /CMC Assistant City Secretary