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HomeMy WebLinkAbout2010/04/27-Minutes-Fort Worth Housing Finance Corporation (FWHFC)CITY OF FORT WORTH, TEXAS FORT WORTH HOUSING FINANCE CORPORATION CALLED — SPECIAL SESSION TUESDAY, APRIL 27, 2010 Present: President Kathleen Hicks Vice President Danny Scarth Secretary Frank Moss Director Mike Moncrief Director W. B. "Zim" Zimmerman Director Jungus Jordan Director Carter Burdette Director Joel Burns Absent: Director Salvador Espino City staff: Tom Higgins, Assistant City Manager Vicki Ganske, Senior Assistant City Attorney Jay Chapa, Assistant General Manager Ron Gonzales, Assistant City Secretary Other staff: Mark Folden, Housing Program Manager, Housing & Economic Development Department Call to 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 11:40 a.m. on Tuesday, April 27, 2010, in the Pre - Council Chamber of the Fort Worth Municipal Building, 1000 Throckmorton, Fort Worth, Texas, with Director Espino absent. President Hicks recessed the called — special session into Executive Session at 11:40 a.m. in accordance with the requirements of the Texas Open Meetings Law. Executive Session items: (Agenda Item 2) President Hicks convened the Executive Session at 11:41 a.m. to discuss the following CITY OF FORT WORTH, TEXAS FORT WORTH HOUSING FINANCE CORPORATION CALLED — SPECIAL SESSION TUESDAY, APRIL 27, 2010 PAGE 2 Executive Session (cont'd) (Agenda Item 2) 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: Legal issues pertaining to a tax credit application to the Texas Department of Housing and Community Affairs for the Race Street Lofts; 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 C. Discuss or deliberate negotiations relating to any economic development negotiations, as authorized by Section 551.087 of the Texas Government Code. President Hicks adjourned the Executive Session at 11:51 a.m. President Hicks reconvened from the Executive Session into the called — special session at 11:51 a.m., with Director Espino absent. Request for Future Agenda Items and /or Reports (Agenda Item 3) President Hicks opened the floor on requests for future agenda items. No requests were made by Board members. Adiourn (Agenda Item 4) With no further discussion, President Hicks adjourned the called — special session of the Fort Worth Housing Finance Corporation Board at 11:52 a.m. on Tuesday, April 27, 2010. These minutes approved by the Fort Worth Housing Finance Corporation Board of Directors on the 8`" _ day of _June_, 2010. APPROVED: K thlecn Hicks President CITY OF FORT WORTH, TEXAS FORT WORTH HOUSING FINANCE CORPORATION CALLED — SPECIAL SESSION TUESDAY, APRIL 27, 2010 PAGE 3 ATTEST: Frank Moss Secretary Prepared and respectfully submitted by: onald P. Gonzales, T /CMC Assistant City Secretary