HomeMy WebLinkAbout2001/03/06-Minutes-Fort Worth Housing Finance Corporation (FWHFC) MINUTES OF THE
FORT WORTH HOUSING FINANCE CORPORATION
PRE-COUNCIL CHAMBERS
TUESDAY, March 6, 2001
2:15 P.M.
Call to Order: The meeting was called to order at 2-22 p.m. with the
following members in attendance:
President Ralph McCloud; Secretary Frank Moss; Board of Directors Kenneth
Barr, Jim Lane, Chuck Silcox, Vice President Becky Haskin and Treasurer Clyde
Picht. Jeff Wentworth, and Wendy Davis were temporarily absent.
Approval of Previous Minutes: Director Chuck Silcox made a motion,
seconded by Director Jim Lane that the minutes of November 28, 2000 be
approved. The motion carried unanimously.
Mr. Jim Keyes, Finance Director and Mr. Chris Spelbring, Assistant Vice
President of First Southwest Company presented a brief staff report and
requested that the Board approve two resolutions which called for the sale of
GNMA Mortgage-Backed Securities.
Resolution Authorizing Sale of GNMA Certificates Pursuant to a GNMA
Certificate Purchase Agreement and Directing Partial Redemption of Single
Family Mortgage Revenue Bonds- (GNMA Mortgage-Backed Securities
Program), Series 1988
Resolution Authorizing Sale of GNMA Certificates Pursuant to a GNMA
Certificate Purchase Agreement and Directing Payment and Redemption of
Single Family Mortgage Revenue Bonds: (GNMA Mortgage-Backed Securities
Program), Series 1990
Director Jim Lane made a motion, seconded by Director Chuck Silcox, that the
resolutions be adopted. The motion carried unanimously.
&dLournment. There being no further business the meeting was adjourned
at 2-25 p.m.
Ralph McCloud, President