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HomeMy WebLinkAboutResolution Fort Worth Housing Finance Corporation (FWHFC) FWHFC-2025-02RESOLUTION NO. FWHFC-2025-02 FORT WORTH HOUSING FINANCE CORPORATION A RESOLUTION TO APPOINT APPOINTING DANA BURGHDOFF AS GENERAL MANAGER OF THE CORPORATION WHEREAS, the Board of Directors (the "Board) of the Fort Worth Housing Finance Corporation (the "Corporation) adopted Amended and Restated Bylaws for the Corporation on September 14, 2021, and pursuant to Article IV thereof, the Board has the power to appoint certain agents of the Corporation to assist the Board in its duties; WHEREAS, the City Council created the Fort Worth Housing Finance Corporation (the "Corporation") in 1979 pursuant to the Texas Housing Finance Corporations Act, Chapter 394 of the Texas Local Government Code, to facilitate neighborhood revitalization and housing initiatives in the City, including but not limited to issuing tax exempt bonds; developing, rehabilitating and promoting housing; and assisting low to moderate income City residents in acquiring quality, accessible, affordable housing through lending and construction activities; WHEREAS, the Corporation's bylaws provide for the Board to appoint a General Manager of the Corporation to exercise certain powers and perform certain duties as specified in the bylaws as well as those determined by the Board from time to time, with Jesica McEachern having served in that role since being appointed by Resolution FWHFC-2024-18 on October 29, 2024; and WHEREAS, the Board wishes to appoint Dana Burghdoff as the Corporation's General Manager to replace Jesica McEachern to reflect realignment of assignments within the City Manager's Office effective February 17, 2025. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE FORT WORTH HOUSING FINANCE CORPORATION: 1. THAT the Board appoints Dana Burghdoff as General Manager of the Corporation. 2. THAT Dana Burghdoff shall serve as General Manager until her successor has been appointed by the Board. 3. THAT costs for any additional insurance premiums related to this authorization are approved. 4. THAT this Resolution takes effect from the date of its adoption. AND IT IS SO RESOLVED. Adopted February 25, 2025. Attest: FORT WORTH HOUSING FJNANCE C RPORATION By: _ V,.., Ja ette S. Goodall Car os Flores, President