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HomeMy WebLinkAbout2025-11-18 - Fort Worth Housing Finance Corporation (FWHFC) - Regular - Minutes CITY OF FORT WORTH,TEXAS FORT WORTH HOUSING FINANCE CORPORATION TUESDAY, NOVEMBER 18,2025 Present• President Elizabeth M. Beck Vice President Mia Hall Director Mattie Parker (arrived at 10:34 a.m.) Director Carlos Flores Director Deborah Peoples Director Macy Hill Director Chris Nettles Director Alan Blaylock Director Jeanette Martinez (virtual) Absent• Director Michael D. Crain Director Charlie Lauersdorf Staff: Dana Burghdoff, General Manager Kacey Thomas, Assistant General Manager Leslie L. Hunt, Senior Assistant City Attorney Reginald Zeno, Treasurer Katherine Cenicola, Assistant Secretary 1. Call to Order With a quorum present, President Beck called the meeting to order for the Board of Directors of the Fort Worth Housing Finance Corporation at 10:33 a.m. on Tuesday, November 18, 2025, in the City Council Work Session Room, of the Fort Worth City Hall, 100 Fort Worth Trail, Fort Worth, Texas. CITY OF FORT WORTH,TEXAS FORT WORTH HOUSING FINANCE CORPORATION TUESDAY,NOVEMBER 18,2025 PAGE 2 of 4 2.Approval of Minutes: a. Regular Meeting Held on October 28, 2025 Motion was made by Director Peoples and seconded by Director Nettles to approve the October 28, 2025, meeting minutes. The motion passed 8-0. Director Parker, Crain and Lauersdorf absent. 3. Written Reports: a. Unaudited Financial Statement as of October 31, 2025 There was no discussion on the written report; it was for informational purposes only. 4. Briefing on Terrell Homes - Kacey Thomas, Assistant General Manager and Dyan Anderson, Neighborhood Services Department Kacey Thomas,Assistant General Manager,and Dyan Anderson, Neighborhood Services Department, provided a staff report. 5.Action Items: a. Consider and Adopt a Resolution Authorizing a Loan in an Amount not to exceed$2,000,000 to Terrell Homes,Ltd,to Pay Off the First Mortgage Loan Balance Relating to Terrell Homes. Motion was made by Director Nettles and seconded by Director Hill, to approve Resolution No. FWHFC-2025-24, adopting a Resolution Authorizing a Loan in an Amount not to exceed $2,000,000 to Terrell Homes, Ltd, to Pay Off the First Mortgage Loan Balance Relating to Terrell Homes. The motion passed 9-0. Directors Crain and Lauersdorf absent. CITY OF FORT WORTH,TEXAS FORT WORTH HOUSING FINANCE CORPORATION TUESDAY,NOVEMBER 18,2025 PAGE 3 of 4 b. Consider and Adopt Resolution Authorizing Matthew Monedero to Serve as the Primary QuickBooks Administrator for the Fort Worth Housing Finance Corporation Motion was made by Director Hill and seconded by Director Peoples, to approve Resolution No. FWHFC-2025-25, authorizing Matthew Monedero to Serve as the Primary QuickBooks Administrator for the Fort Worth Housing Finance Corporation The motion passed 9-0. Directors Crain and Lauersdorf absent. c. Consider and Adopt Resolution Approving the Amended Budget for the 2025-2026 Fiscal Year Motion was made by Director Hill and seconded by Director Nettles, to approve Resolution No. FWHFC-2025-26, approving the Amended Budget for the 2025- 2026 Fiscal Year. The motion passed 9-0. Directors Crain and Lauersdorf absent. 6. Executive Session There was no Executive Session. 7. Requests for Future Agenda Items There were no requests for future agenda items. 8.Adjourn With no further discussion, President Beck adjourned the meeting of the Fort Worth Housing Finance Corporation at 10:57 a.m. on Tuesday, November 18, 2025. These minutes approved by the Fort Worth Housing Finance Corporation Board of Directors on the 91h day of December, 2025. CITY OF FORT WORTH,TEXAS FORT WORTH HOUSING FINANCE CORPORATION TUESDAY,NOVEMBER 18,2025 PAGE 4 of 4 APPROVED: Elizabdth M. Beck President ATTEST: J nette S. Goodall S reta ry I