HomeMy WebLinkAbout2022/01/25-Minutes-Fort Worth Housing Finance Corporation (FWHFC)CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
TUESDAY, JANUARY 25, 2022
Present:
President Carlos Flores (Virtual)
Vice President Elizabeth Beck
Secretary Gyna M. Bivens
Director Mattie Parker
Director Michael D. Crain
Director Cary Moon (Absent)
Director Jared Williams
Director Leonard Firestone
Director Chris Nettles
1. Call to Order
With a quorum present, Vice President Beck called the meeting to order for the Board of Directors
of the Fort Worth Housing Finance Corporation (Corporation) at 12:09 p.m. on Tuesday, January
25, 2022, in the City Council Conference Room, Room 2020 of the Fort Worth Municipal
Building, 200 Texas Street, Fort Worth, Texas.
2. Approval of Minutes from the Meeting Held on November 30, 2021
Motion was made by Director Nettles and seconded by Director Crain to approve the
November 30, 2021, minutes of the Corporation as presented. The motion passed 8-0 (Director
Moon absent).
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
There was no discussion on the reports; they were for informational purposed only.
4. Proposal to Develop an Affordable Housing Project Known as Palladium Oak Grove at
840 and 1000 Oak Grove Road in City Council District 9
Ms. Amy Connolly, Administrator, provided a staff report.
CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
TUESDAY, JANUARY 25, 2022
PAGE 2 of 2
Motion was made by Director Flores and seconded by Director Williams to adopt Resolution No.
FWHFC-2022-01, 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. Motion passed 8-0 (Director Moon
absent).
5. Executive Session:
There was no executive session.
6. Request for Future Agenda Items
There were no requests for future agenda items.
8. Adjourn
With no further discussion, Vice President Beck adjourned the meeting of the Fort Worth Housing
Finance Corporation at 12:14 p.m. on Tuesday, January 25, 2022.
These minutes approved by the Fort Worth Housing Finance Corporation Board of Directors on
the 29th day of March, 2022.
APPR 7-7
Secretary
ATTEST:
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