HomeMy WebLinkAboutResolution Fort Worth Housing Finance Corporation (FWHFC) FWHFC-2022-06RESOLUTION NO. FWHFC-2022-06
FORT WORTH HOUSING FINANCE CORPORATION
RATIFYING ALL ACTIONS TAKEN BY THE FORT WORTH
HOUSING FINANCE CORPORATION FROM
SEPTEMBER 1, 2021, TO MARCH 18, 2022,
AS SHOWN IN ATTACHED AGENDAS
WHEREAS, the Board of Directors of the Fort Worth Housing Finance Corporation
("FWHFC") is the governing body of the FWHFC per the terms of its Articles of Incorporation;
WHEREAS, the FWHFC Board of Directors meets from time to time to carry out its
lawful purpose;
WHEREAS, the Texas Open Meetings Act ("TOMA") requires that certain governmental
bodies comply with specific requirements for conducting meetings and other official business;
WHEREAS, although housing finance corporations in Texas are not subject to TOMA,
the FWHFC is required to comply with TOMA pursuant to the FWHFC's Bylaws;
WHEREAS, on March 16, 2020, in response to the COVID-19 Pandemic, Governor
Abbott suspended portions of TOMA, including the requirement to physically post meeting
agendas and notices at City Hall, to allow for the continuation of governmental operations while
ensuring government transparency remained a priority;
WHEREAS, from that time, the FWHFC Board of Directors continued to comply with
TOMA as amended by Governor Abbott;
WHEREAS, Governor Abbott ended the TOMA suspension effective September 1, 2021,
and all open meeting requirements resumed on that day;
WHEREAS, from September 1, 2021, to March 18, 2022, agendas for the FWHFC's
meetings continued to be posted online to provide notice to residents and other interested parties
but, due to a good faith misunderstanding on the part of FWHFC staff, were not physically posted
at City Hall, where the FWHFC meetings take place;
WHEREAS, as soon as the error was identified, the FWHFC immediately addressed the
issue;
WHEREAS, to ensure technical compliance with TOMA for all actions taken in good faith
at meetings since September 1, 2021, the FWHFC Board of Directors now wishes to re -notice
those items and ratify all actions taken at those meetings;
WHEREAS, the agendas describing the items considered at the meetings that occurred
during that time are listed below and attached hereto as Exhibit A;
RESOLUTION NO. FWHFC-2022-06
Page 2 of 14
WHEREAS, the disposition of each item is shown in the meeting minutes, which are
attached hereto as Exhibit B; and
WHEREAS, the FWHFC Board of Directors has caused this item to be included on an
agenda which has been posted in full compliance with TOMA, including physical posting.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF THE FORT
WORTH HOUSING FINANCE CORPORATION THAT:
1. Notice of this resolution, including all actions and items to be ratified, has been
included on an agenda that has been posted in accordance with the Texas Open
Meetings Act.
2. The FWHFC Board of Directors ratifies all actions taken, as reflected in the meeting
minutes in Exhibit B, with respect to the items identified in the agendas, attached as
Exhibit A, for the following meetings;
September' 14, 2021
Septerrrber 21, 2021
October 19, 2021
November 30, 2021
.Ainuary 25, 2022
3. It is the expressed intention of the FWHFC Board of Directors that all actions herein
ratified are deemed effective as of the date listed in the meeting minutes for such action.
4. By approval of this resolution, the FWHFC Board of Directors expressly ratifies each
Board Member's vote or abstention, as described in the minutes, on each of the items
or actions being ratified as the Board Member's official action for each item.
AND IT IS SO RESOLVED.
Adopted May 24, 2022
FORT WORTH HOUSING FINANCE CORPORATION
By -
Carlos wW ,
Flores
President
Attest:
Jannette S. Goodall
Corporate Secretary
RESOLUTION NO. FWHFC-2022-06
Page 3 of 14 IIII °o.I II IIII IIII.
FORT WORTH HOUSING FINANCE CORPORATION
Tuesday, September 14, 2021
2:00 P.M.
City Council Conference Room, City Hall, Room 2020 (formerly Room 290)
200 Texas Street
Fort Worth, Texas 76102
Viewing Only
Television: Charter 190; One Source 7; Verizon 5; AT&T U-verse 99
City of Fort Worth Website Homepage: Watch Live Online
Board of Directors
Carlos Flores, President Mattie Parker, Director Jared Williams, Director
Elizabeth M. Beck, Vice President Michael D. Crain, Director Leonard Firestone, Director
Gyna M. Bivens, Secretary Cary Moon, Director Chris Nettles, Director
City Staff Corporation Staff
Fernando Costa, Assistant City Manager Fernando Costa, General Manager
Jo Ann Pate, Senior Assistant City Attorney Victor Turner, Assistant General Manager
Reginald Zeno, Treasurer
Rhonda Hinz, Assistant Treasurer
1. Call to Order — Carlos Flores, President
2. Approval of Minutes from the Meeting Held on August 17, 2021
3. Written Reports:
a. Unaudited Financial Statement as of August 31, 2021
b. Quarterly Investment Report as of June 30, 2021
4. Adopt Resolution Approving the Fiscal Year 2021-2022 Budget - Victor Turner, Assistant
General Manager
5. Adopt Resolution Removing References to Restrictions on Certain Corporation Cash Assets -
Victor Turner, Assistant General Manager, Stephen Thomas, Senior Management Analyst
6. Adopt Resolutions Appointing an Assistant Secretary and an Assistant Treasurer for the
Corporation - Victor Turner, Assistant General Manager
7. Adopt Amendments to the Housing Finance Corporation's Bylaws and Authorize Submission
to the Fort Worth City Council for Approval — Victor Turner, Assistant General Manager
8. Review and Readopt the Corporation's Investment Policy and Strategy —Reginald Zeno,
Treasurer
RESOLUTION NO. FWHFC-2022-06
Page 4 of 14
Authorize Execution of a Contract with Day Resource Center for the Homeless with an
Initial Three -Year Term to Provide Permanent Supportive Housing Services at Multiple
Locations - Tara Perez, Directions Home Manager
10. Briefing on Responses Received for the Las Vegas Trail Request for Qualifications (RFQ) -
Amy Connolly, Administrator
11. Executive Session: The Board of Directors of the Fort Worth Housing Finance Corporation may
conduct a closed meeting to:
To seek the advice of its attorney about pending or contemplated litigation, settlement
offers, or any matter in which the duty of the attorney for the Fort Worth Housing
Finance Corporation under the Texas Disciplinary Rules of Professional Conduct of the
State Bar of Texas clearly conflicts with the Texas Open Meetings Act. [Tex. Govt.
Code §551.071]:
(1) legal issues concerning any current agenda item, and
b. Discuss the purchase, sale, lease or value of real property, as authorized by Section
551.072 of the Texas Government Code, where 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.
12. Requests for Future Agenda Items
13. Adjourn
Members of the Board of Directors may be attending remotely in compliance with the Texas Open Meetings
Act.
City Council Conference Room 2020 is wheelchair accessible. Persons with disabilities who plan to attend
this meeting and who may need accommodations, auxiliary aids, or services such as interpreters, readers, or
large print are requested to contact the City's ADA Coordinator at (817) 392-8552 or e-mail
ADA((rFort\A1orthTexas.aov at least 48 hours prior to the meeting so that appropriate arrangements can be
made. If the City does not receive notification at least 48 hours prior to the meeting, the City will make a
reasonable attempt to provide the necessary accommodations.
La Sala de Conferencias 2020 del Ayuntamiento estA adaptada para silla de ruedas. Se solicita a las personas
con discapacidades que planean asistir a esta reuni6n y que necesitan acomodaciones, ayudas auxiliares o
servicios como interpretes, lectores o impresiones con letra grande, que se comuniquen con el Coordinador
del "Americans with Disabilities Act" (ADA) (la ley del Acto de Americanos con Discapacidades) de la
Ciudad al (817) 392-8552 o por correo electr6nico a ADA((rFort\A1orthTexas.aov por to menos 48 horas antes
de la reuni6n par que se puedan hacer los arreglos apropiados. Si la Ciudad no recibe una notificacion por
to menos 48 horas antes de la reuni6n, la Ciudad harA un intento razonable para proporcionar las
acomodaciones necesarias.
RESOLUTION NO. FWHFC-2022-06
Page 5 of 14
Please note that the Housing Finance Corporation is using a third party vendor to assist with its
meetings. If there are service interruptions, including call in number changes, we will provide
alternative call in numbers on the City of Fort Worth website whenever possible.
I, the undersigned authority, do hereby certify that this Notice of Meeting was posted on the City of Fort Worth official website and said Notice was posted on the following date
and time Friday, September 10, 2021 at 3:30 p.m. and remained so posted continuously for at least 72 hours preceding the scheduled time of said meeting.
Acting City Secretary for the City of Fort Worth, Texas
RESOLUTION NO. FWHFC-2022-06
Page 6 of 14
SPECIAL CALLED JOINT MEETING
FORT WORTH LOCAL DEVELOPMENT CORPORATION
and
FORT WORTH HOUSING FINANCE CORPORATION
Tuesday, September 21, 2021
1:00 P.M.
City Council Conference Room, City Hall, Room 2020 (formerly Room 290)
200 Texas Street
Fort Worth, Texas 76102
Viewing Only
Television: Charter 190; One Source 7; Verizon 5; AT&T U-verse 99
City of Fort Worth Website Homepage: Watch Live Online
1. Call to Order
2. Action Items
a. Election of Officers to the Local Development Corporation
b. Consider and Adopt Resolutions Approving Sale of Properties to the City of Fort
Worth Related to the Mixed -use, affordable housing redevelopment of the Evans
and Rosedale area with Hoque Global — Robert Sturns, Economic Development
Director and Amy Connolly, FWHFC Administrator
3. Executive Session: The Board of Trustees of the Fort Worth Local Development Corporation
and the Board of Directors of the Fort Worth Housing Finance Corporation may conduct a
joint closed meeting to:
a. To seek the advice of its attorneys about pending or contemplated litigation,
settlement offers, or any matter in which the duty of its attorney under the Texas
Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly
conflicts with the Texas Open Meetings Act. [Tex. Govt. Code §551.071]:
b. (i) legal issues concerning any current agenda item; and
c. Discuss the purchase, sale, lease or value of real property, as authorized by Section
551.072 of the Texas Government Code, where deliberation in an open meeting
would have a detrimental effect on the position of the Corporation in negotiations
with a third parry; and
RESOLUTION NO. FWHFC-2022-06
Page 7 of 14
d. Discuss or deliberate negotiations relating to any economic development
negotiations, as authorized by Section 551.087 of the Texas Government Code.
4. Adjourn
Members of the Boards of Directors may be participating remotely in compliance with the Texas Open
Meetings Act.
City Council Conference Room 2020 is wheelchair accessible. Persons with disabilities who plan to attend this
meeting and who may need accommodations, auxiliary aids, or services such as interpreters, readers, or large
print are requested to contact the City's ADA Coordinator at (817) 392-8552 or e-mail
AI)A(fi�FairtVA/airthT'esas.craw at least 48 hours prior to the meeting so that appropriate arrangements can be
made. If the City does not receive notification at least 48 hours prior to the meeting, the City will make a
reasonable attempt to provide the necessary accommodations.
La Sala de Conferencias 2020 del Ayuntamiento esta adaptada Para silla de ruedas. Se solicita a las personas
con discapacidades que planean asistir a esta reunion y que necesitan acomodaciones, ayudas auxiliares o
servicios como interpretes, lectores o impresiones con letra grande, que se comuniquen con el Coordinador del
"Americans with Disabilities Act" (ADA) (la ley del Acto de Americanos con Discapacidades) de la Ciudad al
(817) 392-8552 o por correo electronico a AI)A(fl�FairtVA/airthT'esas.;r .iv por to menos 48 horas antes de la reunion
par que se puedan hater los arreglos apropiados. Si la Ciudad no recibe una notification por to menos 48 horas
antes de la reunion, la Ciudad hara un intento razonable Para proporcionar las acomodaciones necesarias.
Please note that the Housing Finance Corporation and Local Development Corporation are using a third party vendor
to assist with its meetings. If there are service interruptions, including call in number changes, we will provide
alternative call in numbers on the City of Fort Worth website whenever possible.
I, the undersigned authority, do hereby certify that this Notice of Meeting was posted on the City of Fort Worth official website and said Notice was posted on the following date
and time Frida-g, September 17, 2021 at 4:30 p.m. and remained so pasted continuously for at least 72 hours preceding the scheduled time of said meeting.
Acting City Secretary forthe City of Fort Worth, Texas
RESOLUTION NO. FWHFC-2022-06
Page 8 of 14
FORT WORTH HOUSING FINANCE CORPORATION
Tuesday, October 19, 2021
1:00 P.M.
City Council Conference Room, City Hall, Room 2020 (formerly Room 290)
200 Texas Street
Fort Worth, Texas 76102
Viewing Only
Television: Charter 190; One Source 7; Verizon 5; AT&T U-verse 99
City of Fort Worth Website Homepage: Watch Live Online
Board of Directors
Carlos Flores, President Mattie Parker, Director Jared Williams, Director
Elizabeth M. Beck, Vice President Michael D. Crain, Director Leonard Firestone, Director
Gyna M. Bivens, Secretary Cary Moon, Director Chris Nettles, Director
City Staff Corporation Staff
Fernando Costa, Assistant City Manager Fernando Costa, General Manager
Jo Ann Pate, Senior Assistant City Attorney Victor Turner, Assistant General Manager
Reginald Zeno, Treasurer
Rhonda Hinz, Assistant Treasurer
1. Call to Order — Carlos Flores, President
Approval of Minutes
a. Regular Meeting Held on September 14, 2021
b. Joint Called Meeting with the Fort Worth Local Development Corporation Held on
September 21, 2021
3. Consider and Adopt Resolution Authorizing Execution of a Contract in the Amount of
$198,460.00 with Interface Studio, LLC to Prepare the Las Vegas Trail Neighborhood
Transformation Plan - Amy Connolly, Administrator
Consider and Adopt Resolution Approving a Subordinate Loan in the Amount of
$1,000,000.00 to OPG Clifton Riverside Partners, LLC for the Development of the Clifton
Riverside Apartments Located at 2406 and 2412 E. Belknap Street — Amy Connolly,
Administrator
5. Consider and Adopt Resolution Hiring Shackleford, Bowen, McKinley & Norton, LLP as
Legal Counsel for the Corporation and a General Partner Entity Which Would be Owned by
the Corporation for the Negotiation of Terms for a Potential Partnership and if Approved by
the Corporation, the Formation of the Partnership and the Development of an Affordable
Housing Development to be Known as Tobias Place — Amy Connolly, Administrator
6. Executive Session: The Board of Directors of the Fort Worth Housing Finance Corporation may
conduct a closed meeting to:
RESOLUTION NO. FWHFC-2022-06
Page 9 of 14
a. To seek the advice of its attorney about pending or contemplated litigation, settlement
offers, or any matter in which the duty of the attorney for the Fort Worth Housing
Finance Corporation under the Texas Disciplinary Rules of Professional Conduct of the
State Bar of Texas clearly conflicts with the Texas Open Meetings Act [Tex. Govt. Code
§551.071]:
(1) legal issues concerning any current agenda item, and
(ii) Legal issues concerning potential settlement of complaint at
Reserve at Quebec apartments (HUD Complaint 06-21-1440-8)
b. Discuss the purchase, sale, lease or value of real property, as authorized by Section
551.072 of the Texas Government Code, where 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.
7. Requests for Future Agenda Items
8. Adjourn
Members of the Board of Directors may be attending remotely in compliance with the Texas Open Meetings
Act.
City Council Conference Room 2020 is wheelchair accessible. Persons with disabilities who plan to attend
this meeting and who may need accommodations, auxiliary aids, or services such as interpreters, readers, or
large print are requested to contact the City's ADA Coordinator at (817) 392-8552 or e-mail
AI)A(fi�Fairt'ATiiithT'esas.,c�aw at least 48 hours prior to the meeting so that appropriate arrangements can be
made. If the City does not receive notification at least 48 hours prior to the meeting, the City will make a
reasonable attempt to provide the necessary accommodations.
La Sala de Conferencias 2020 del Ayuntamiento esta adaptada Para silla de ruedas. Se solicita a las personas
con discapacidades que planean asistir a esta reunion y que necesitan acomodaciones, ayudas auxiliares o
servicios como interpretes, lectores o impresiones con letra grande, que se comuniquen con el Coordinador
del "Americans with Disabilities Act" (ADA) (la ley del Acto de Americanos con Discapacidades) de la
Ciudad al (817) 392-8552 o por correo electronico a AI)A(u�Fairt\NTairthTesas.c,r iv por to menos 48 horas antes
de la reunion par que se puedan hater los arreglos apropiados. Si la Ciudad no recibe una notification por
to menos 48 horas antes de la reunion, la Ciudad hara un intento razonable Para proporcionar las
acomodaciones necesarias.
Please note that the Housing Finance Corporation is using a third party vendor to assist with its
meetings. If there are service interruptions, including call in number changes, we will provide
alternative call in numbers on the City of Fort Worth website whenever possible.
I, the undersigned authority, do hereby certify that this Notice of Meeting was posted on the City of Fort Worth official website and said Notice was posted on the following date
and time Frida-+, October 15, 2021 at 9:20 a.m. and remained so posted continuously forat least 72 hours preceding the scheduled time of said meeting.
Aning City Secretary forthe City of Fort Worth, Texas
RESOLUTION NO. FWHFC-2022-06
Page 10 of 14
FORT WORTH HOUSING FINANCE CORPORATION
Tuesday, November 30, 2021
Immediately following the City Council Meeting
City Council Conference Room, City Hall, Room 2020 (formerly Room 290)
200 Texas Street
Fort Worth, Texas 76102
Viewing Only
Television: Charter 190; One Source 7; Verizon 5; AT&T U-verse 99
City of Fort Worth Website Homepage: Watch Live Online
Board of Directors
Carlos Flores, President Mattie Parker, Director Jared Williams, Director
Elizabeth M. Beck, Vice President Michael D. Crain, Director Leonard Firestone, Director
Gyna M. Bivens, Secretary Cary Moon, Director Chris Nettles, Director
City Staff Corporation Staff
Fernando Costa, Assistant City Manager Fernando Costa, General Manager
Denis McElroy, Senior Assistant City Attorney Victor Turner, Assistant General Manager
Reginald Zeno, Treasurer
Rhonda Hinz, Assistant Treasurer
1. Call to Order — Carlos Flores, President
2. Approval of Minutes from the Meeting Held October 19, 2021
3. Written Reports:
a. Unaudited Financial Statement as of October 31, 2021
b. Quarterly Investment Report as of September 30, 2021
4. Authorize Reduction of Approved Interest Rate for the Subordinate Loan to OPG Clifton
Riverside Partners, LLC for the Development of the Clifton Riverside Apartments, an
Affordable Housing Development to be Located at 2406 and 2412 East Belknap — Amy
Connolly, Administrator
Consider and Adopt Resolutions for the Proposed Partnership with Ojala Partners, LP to
Develop Tobias Place, an Affordable Housing Development, located at 505 W Biddison Street
and 3500 Jennings Avenue:
a. Briefing on the proposed Tobias Place Project —Amy Connolly, Administrator
b. Consider and Adopt resolution approving an agreement with Ojala Partners, LP for the
development of Tobias Place and confirming and ratifying the formation of Tobias Place
GP, LLC to act as the general partner of Tobias Place, LP, the partnership developing,
owning and managing the development, and approving all related actions required for
multiple family development — Amy Connolly, Administrator
RESOLUTION NO. FWHFC-2022-06
Page 11 of 14
Consider and Adopt Resolution authorizing the Corporation to acquire land located at
505 W. Biddison Ave. and 3500 Jennings Avenue for the development of Tobias Place
and enter into a long-term ground lease with Tobias Place, LP — Amy Connolly,
Administrator
d. Consider and a Adopt Resolution approving actions of the Corporation as sole member
of Tobias Place GP, LLC, the general partner of the Tobias Place Partnership, LP,
approving all actions necessary for the financing, development, and operation of
Tobias Place — Amy Connolly, Administrator
Consider and Adopt a Resolution authorizing the Corporation to act as general
contractor for the development of the Tobias Place Apartments — Amy Connolly,
Administrator
f. Consider and Adopt a Resolution approving a forgivable, subordinate loan to Tobias
Place, LP for the development of the Tobias Place Apartments — Amy Connolly,
Administrator
6. Consider and Adopt Resolution authorizing Forgiveness of 2013 Unsecured Loan to The
Housing Authority for The City of Fort Worth in The Amount of $615,000.00 For the Benefit
of The Villas of Eastwood Terrace Senior Apartment Complex — Amy Connolly, Administrator
7. Consider and Adopt Resolution for the Sale of a Single Family Lot Located at 5217 Turner
Street in the Stop Six Neighborhood to Brian Ayers for Single Family Housing Development —
Chad LaRoque, Housing Development and Grants Manager, Neighborhood Services Department
8. Executive Session: The Board of Directors of the Fort Worth Housing Finance Corporation may
conduct a closed meeting to:
a. To seek the advice of its attorney about pending or contemplated litigation, settlement
offers, or any matter in which the duty of the attorney for the Fort Worth Housing
Finance Corporation under the Texas Disciplinary Rules of Professional Conduct of the
State Bar of Texas clearly conflicts with the Texas Open Meetings Act [Tex. Govt. Code
§551.071]:
(1) 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, where 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.
9. Requests for Future Agenda Items
10. Adjourn
RESOLUTION NO. FWHFC-2022-06
Page 12 of 14
Members of the Board of Directors may be attending remotely in compliance with the Texas Open Meetings
Act.
City Council Conference Room 2020 is wheelchair accessible. Persons with disabilities who plan to attend
this meeting and who may need accommodations, auxiliary aids, or services such as interpreters, readers, or
large print are requested to contact the City's ADA Coordinator at (817) 392-8552 or e-mail
AI)A(fi�Fiiit'ATiiithT'esaS.Yraw at least 48 hours prior to the meeting so that appropriate arrangements can be
made. If the City does not receive notification at least 48 hours prior to the meeting, the City will make a
reasonable attempt to provide the necessary accommodations.
La Sala de Conferencias 2020 del Ayuntamiento esta adaptada Para silla de ruedas. Se solicita a las personas
con discapacidades que planean asistir a esta reunion y que necesitan acomodaciones, ayudas auxiliares o
servicios como interpretes, lectores o impresiones con letra grande, que se comuniquen con el Coordinador
del "Americans with Disabilities Act" (ADA) (la ley del Acto de Americanos con Discapacidades) de la
Ciudad al (817) 392-8552 o por correo electronico a AI)A(fi�Fiii t'ATiii thT'esa5. iiv por to menos 48 horas antes
de la reunion par que se puedan hater los arreglos apropiados. Si la Ciudad no recibe una notification por
to menos 48 horas antes de la reunion, la Ciudad hara un intento razonable Para proporcionar las
acomodaciones necesarias.
Please note that the Housing Finance Corporation is using a third party vendor to assist with its
meetings. If there are service interruptions, including call in number changes, we will provide
alternative call in numbers on the City of Fort Worth website whenever possible.
I, the undersigned authority, do hereby certify that this Notice of Meeting was posted on the City of Fort Worth official website and said Notice was posted on the following date
and time Friday, NoUember 19, 2021 at 3:20 p.m. and remained so posted continuously for at least 72 hours preceding the scheduled time of said meeting.
p JJII
fitting City Secretary forthe City of Fort Worth, Texas
RESOLUTION NO. FWHFC-2022-06
Page 13 of 14
FORT WORTH HOUSING FINANCE CORPORATION
Tuesday, January 25, 2022
Immediately Following the Conclusion of the Central City Local Government Corporation
Meeting
City Council Conference Room, City Hall, Room 2020
200 Texas Street
Fort Worth, Texas 76102
Viewing Only
Television: Charter 190; One Source 7; Verizon 5; AT&T U-verse 99
City of Fort Worth Website Homepage: Watch Live Online
Board of Directors
Carlos Flores, President Mattie Parker, Director Jared Williams, Director
Elizabeth M. Beck, Vice President Michael D. Crain, Director Leonard Firestone, Director
Gyna M. Bivens, Secretary Cary Moon, Director Chris Nettles, Director
City Staff Corporation Staff
Fernando Costa, Assistant City Manager Fernando Costa, General Manager
Jo Ann Gunn, Senior Assistant City Attorney Victor Turner, Assistant General Manager
Reginald Zeno, Treasurer
Rhonda Hinz, Assistant Treasurer
1. Call to Order — Carlos Flores, President
Approval of Minutes
a. Regular Meeting Held on November 30, 2021
3. Written Reports:
a. Unaudited Financial Statement as of December 31, 2021
b. Quarterly Investment Report as of December 31, 2021
c. Annual Independent Auditors Report for Fiscal Year 2021-CohnReznick
Proposal to Develop an Affordable Housing Project Known as Palladium Oak Grove at 840
and 1000 Oak Grove Road in City Council District 9- Amy Connolly, Administrator
a. Briefing on Proposed Project —Amy Connolly, Administrator
b. Consider and Adopt Resolution Hiring Shackleford, Bowen, McKinley & Norton,
LLP as Legal Counsel for the Corporation and a General Partner Entity Which
Would be Owned by the Corporation for the Negotiation of Terms for a Potential
Partnership and, if Approved by the Corporation, the Formation of the
Partnership and Development of the Project - Amy Connolly, Administrator
5. Executive Session: The Board of Directors of the Fort Worth Housing Finance Corporation may
conduct a closed meeting to:
a. To seek the advice of its attorney about pending or contemplated litigation, settlement
RESOLUTION NO. FWHFC-2022-06
Page 14 of 14
offers, or any matter in which the duty of the attorney for the Fort Worth Housing
Finance Corporation under the Texas Disciplinary Rules of Professional Conduct of the
State Bar of Texas clearly conflicts with the Texas Open Meetings Act [Tex. Govt. Code
§551.071]:
(1) 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, where 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.
6. Requests for Future Agenda Items
7. Adjourn
The location identified on this agenda is the location at which the presiding officer will be physically present
and presiding over the meeting. Members of the Fort Worth Housing Finance Corporation may be attending
remotely in compliance with the Texas Open Meetings Act.
City Council Conference Room 2020 is wheelchair accessible. Persons with disabilities who plan to attend
this meeting and who may need accommodations, auxiliary aids, or services such as interpreters, readers, or
large print are requested to contact the City's ADA Coordinator at (817) 392-8552 or e-mail
AI)A(fi�Fiiit'ATiiithT'esaS.Yraw at least 48 hours prior to the meeting so that appropriate arrangements can be
made. If the City does not receive notification at least 48 hours prior to the meeting, the City will make a
reasonable attempt to provide the necessary accommodations.
La Sala de Conferencias 2020 del Ayuntamiento esta adaptada Para silla de ruedas. Se solicita a las personas
con discapacidades que planean asistir a esta reunion y que necesitan acomodaciones, ayudas auxiliares o
servicios como interpretes, lectores o impresiones con letra grande, que se comuniquen con el Coordinador
del "Americans with Disabilities Act" (ADA) (la ley del Acto de Americanos con Discapacidades) de la
Ciudad al (817) 392-8552 o por correo electronico por to menos 48 horas antes
de la reunion par que se puedan hater los arreglos apropiados. Si la Ciudad no recibe una notification por
to menos 48 horas antes de la reunion, la Ciudad hara un intento razonable Para proporcionar las
acomodaciones necesarias.
Please note that the Housing Finance Corporation is using a third -party vendor to assist with its
meetings. If there are service interruptions, including call in number changes, we will provide
alternative call in numbers on the City of Fort Worth website whenever possible.
I, the undersigned authority, do hereby certify that this Notice of Meeting was posted on the City of Fort Worth official website and said Notice was posted on the following date
and time Thursday, January20, 2022 at 12:30 p.m. and remained so posted continuously for at least 72 hours preceding the scheduled time of said meeting.
Secretary forthe City of Fort Worth, Texas