HomeMy WebLinkAbout1997/08/19-Minutes-Fort Worth Housing Finance Corporation (FWHFC) MINUTES OF THE
FORT WORTH HOUSING FINANCE CORPORATION
PRE-COUNCIL CHAMBERS
TUESDAY, AUGUST 19, 1997
8:15 A. M.
Board Members Present: President Eugene McCray, Vice President Becky Haskin,
Treasurer Cathy Hirt, Council Members Chuck Silcox, Jeff Wentworth, Ralph McCloud,
and Mayor Kenneth Barr. Absent were Council Members Jim Lane and Clyde Picht.
Election of Officers: Council Member Silcox made a motion that the following officers be
elected: President, Eugene McCray; Vice-President Becky Haskin; Secretary, Ralph
McCloud; and Treasurer, Cathy Hirt. Council Member Wentworth seconded the motion,
and the motion carried unanimously.
Approval of Previous Minutes: The minutes of October 8, 1996 were approved as
written.
Approval of Expenditure of up to $350,000 from Interest Income in the Housing
Assistance Fund to Undertake Housing Development Activities and the Building of New
Affordable Homes.
Housing Director Jerome Walker discussed the allocation of funds for Housing
Development Activities, specifically mentioning the homes that had been completed and
sold and the ones near completion.
Council Member Wentworth made a motion, seconded by Council Member McCloud to
approve the expenditure of up to $350,000 from interest income in the Housing
Assistance Fund to undertake Housing Development activities and the building of new
affordable homes. The motion carried unanimously.
Ad L ournment. The meeting adjourned at 8,35 a,m,
_
Eugene McCray, President