HomeMy WebLinkAbout2005/05/10-Minutes-Fort Worth Housing Finance Corporation (FWHFC) CITY OF FORT WORTH,TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
CALLED—SPECIAL SESSION
MINUTES
TUESDAY,MAY 10, 2005
Present:
President Ralph McCloud
Vice President Becky Haskin
Secretary Donavan Wheatfall
Treasurer Clyde Picht (arrived at 2:42 p.m.)
Director Mike Moncrief
Director Jim Lane
Director Chuck Silcox
Director John Stevenson
Absent:
Director Wendy Davis
City staff:
Assistant City Manager Dale Fisseler
Assistant City Attorney Vicki Ganske
Director of Housing Jerome C. Walker
City Secretary Marty Hendrix
Other staff:
Karen Meunier, Housing Program Manager
Don Cager, Housing Program Manager
Call to Order (Agenda Item I)
President McCloud called the meeting to order for the Board of Directors of the Fort
Worth Housing Finance Corporation at 2:40 p.m. on Tuesday, May 10, 2005, in the Pre-Council
Chamber of the Fort Worth Municipal Building, 1000 Throckmorton, Fort Worth, Texas.
Approval of Minutes of the April 26, 2005
Meeting (Agenda Item II)
President McCloud opened the floor for a motion on the approval of the minutes of the
Tuesday, April 26, 2005 meeting.
CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
CALLED—SPECIAL SESSION
MINUTES
TUESDAY, May 10,2005
Page 2
MOTION: Upon a motion made by Director Stevenson and seconded by Director Haskin, the
Board of Directors voted eight (8) "ayes" and no (0) "nays" to approve the
Tuesday, April 26, 2005 minutes as presented. The motion carried.
Executive Session (Agenda Item III)
President McCloud passed over this agenda item.
Discussion and Consideration of a Resolution for
an Interim Construction Loan from the
Corporation's Housing Development Loan Fund
to Robert Steven Lerma dba Espaniola Homes to
Build Two Single-Family Homes (Agenda Item IV-A)
There was a brief discussion on the information that had been requested at the last
meeting and clarification that the information had been received.
MOTION: Upon a motion made by Director Haskin and seconded by Director Stevenson, the
Board of Directors of the Fort Worth Housing Finance Corporation voted eight
(8) "ayes" and no (0) "nays" in favor of the proposed Resolution approving the
interim construction loan to Robert Steven Lerma dba Epaniola Homes to build
two single-family homes. The motion carried.
Discussion and Consideration of a Resolution for
an Interim Construction Loan from the
Corporation to Sierra Vista, L.P. for the
Installation of Subdivision Infrastructure (Agenda Item IV-B)
After a brief discussion by the Board, it was the consensus of the Board that this item
would be continued to a future meeting.
Request for Future Agenda Items and/or
Reports (Agenda Item V)
There were no future agenda items requested by the Board Members or reports given by
the Board Members. Board Members reiterated to the City staff to bring back for their
consideration Agenda Item IV-B.
CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
CALLED—SPECIAL SESSION
MINUTES
TUESDAY, May 10, 2005
Page 3
The Board of Directors expressed their appreciation to President McCloud for his service
on the Corporation Board.
Adiourn (Agenda Item VI)
With no further business before the Board, President McCloud adjourned the called —
special session of the Fort Worth Housing Finance Corporation Board of Directors at 2:44 p.m.
on Tuesday, May 10, 2005.
These minutes approved by the Fort Worth Housing Finance Corporation Board of
Directors on the 5th day of July, 2005.
APPROVED:
Becky Haskin
Vice President
ATTEST:
o van Wheatfall
ecretary
Prepared and respectfully submitted by:
Marty Hendrix
City Secretary