HomeMy WebLinkAbout2017/02/17-Minutes-Fort Worth Housing Finance Corporation (FWHFC)CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
TUESDAY, FEBRUARY 7, 2017
Present:
President Salvador Espino
Vice President Kelly Allen Gray
Director Betsy Price
Director W.B. "Zim" Zimmerman
Director Cary Moon
Director Gyna Bivens
Director Jungus Jordan
Director Dennis Shingleton
Director Ann Zadeh
1. Call to Order
With a quorum present, President Espino called the meeting to order for the Board of Directors
of the Fort Worth Housing Finance Corporation (Corporation) at 2:31 p.m. on Tuesday,
February 7, 2017, in the Pre -Council Chamber of the Fort Worth Municipal Building, 200 Texas
Street, Fort Worth, Texas.
2. Approval of Minutes from the Meeting Held on December 6, 2016
Motion was made by Director Price and seconded by Director Moon to approve the
December 6, 2016, minutes of the Corporation as presented. The motion passed 9-0.
3. Written Reports
a. Financial Report through December 31, 2016
President Espino referenced the written report and opened the floor for discussion on the report.
There was no discussion on this item.
4. Executive Session
President Espino stated that he had been advised that an executive session was not necessary on
the following items:
a. Seek the advice of its attorneys concerning the following items that are exempt from
public disclosure under Article X, Section 9 of the Texas State Bar Rules, as authorized
by Section 551.071 of the Texas Government Code: (i) 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. 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.
CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING. FINANCE CORPORATION
TUESDAY, FEBRUARY 7, 2017
PAGE 2 of 2
5. Consider and Adopt Resolution Approving Agreements for the Inclusion of Permanent
Supportive Housing Units and Provide Funding by the Corporation for Supportive
Services
a. Mistletoe Station, LLC for the Mistletoe Station Apartments to be Located at 1916
Mistletoe Boulevard and 2116 Beckham Place.
b. AMTEX Harmon, L.P. for the Harmon Senior Villas Apartments to be Located at 12801
Harmon Road.
Mr. Aubrey Thagard, Assistant General Manager, presented a PowerPoint, titled "Agreements
for the Inclusion of Permanent Supportive Housing Units and Request for Funding for
Supportive Services".
Motion was made by Director Allen Gray and second by Director Jungus Jordan to approve
Resolution No. FWHFC-2017-01 approving an agreement for the inclusion of permanent
supportive housing units and to provide funding by the Corporation for supportive services with
Mistletoe Station, LLC for the Mistletoe Station Apartments to be located at 1916 Mistletoe
Boulevard and 2116 Beckham Place and approving an agreement for the inclusion of permanent
supportive housing units and to provide funding by the Corporation for supportive services with
AMTEX Harmon, L.P. for the Harmon Senior Villas Apartments to be located at 12801 Harmon
Road but to not move forward with issuing an RFQ/RFP to select a service provider at this time.
Motion carried 9-0.
6. Request for Future Agenda Items
There were no requests for future agenda items.
7. Adjourn
With no further discussion, President Espino adjourned the meeting of the Fort Worth Housing
Finance Corporation at 2:55 p.m. on Tuesday, February 7, 2017.
These minutes approved by the Fort Worth Housing Finance Corporation Board of Directors on
the 71" day of March, 2017.
ATTEST:
ary J. K
City Secretary
AP O ED:
Salvador Espino
APsident
Gyna ivens
Secretary