HomeMy WebLinkAboutFWHFC-2026-35 - Fort Worth Housing Finance Corporation (FWHFC) - ResolutionRESOLUTION NO. FWHFC-2026-35
FORT WORTH HOUSING FINANCE CORPORATION
A RESOLUTION AUTHORIZING EXECUTION OF A CONTRACT WITH
WHITLEY PENN, LLP, A CERIFIED PUBLIC ACCOUNTING FIRM FOR
FINANCIAL AUDIT SERVICES
WHEREAS, the City Council of the City of Fort Worth (the "City") created the Fort
Worth Housing Finance Corporation (the "Corporation") in 1979 pursuant to the Texas Housing
Finance Corporation Act to facilitate the development of decent, safe quality, affordable, and
accessible housing for low- and moderate -income City residents through lending and construction
activities;
WHEREAS, the Corporation has historically utilized a certified public accounting firm to
perform annual audits, issue opinions on the related financial statements and provide other auditing
services as needed ("Audit Services");
WHEREAS, despite that the Corporation is not legally required to conduct a competitive
bidding process for Audit Services, on June 1, 2026, it issued a Request for Quotes ("RFQ") for
such services;
WHEREAS, the RFQ was distributed to 8 certified public accounting firms and received
one response from Whitley Penn, LLP ("Whitley Penn") of Fort Worth, Texas; and
WHEREAS, the Corporation desires to engage Whitley Penn to provide Audit Services
and Whitley Penn is capable and willing to do so;
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE FORT WORTH HOUSING FINANCE CORPORATION:
1. THAT the Board authorizes the execution and delivery of a contract by and between the
Corporation and Whitley Penn for services in an amount not to exceed $65,000.00 subject
to availability of funds, on common and customary terms for the contracted services agreed
to by the parties;
2. THAT Dana Burghdoff, General Manager of the Corporation, or Kacey Thomas, Assistant
General Manager of the Corporation, or their duly appointed successors, are each
authorized to execute and deliver the contract for and on behalf of the Corporation along
with any related documents or agreements necessary to implement the contract, and each
is authorized to extend, modify and amend the contract, the terms of the contract or the
terms of any related documents or agreements, provided any such extensions,
modifications and amendments are within the scope of the project, and in conformance
with the goals and purposes of the Corporation, as may be amended from time to time;
RESOLUTION NO. FWHFC-2026-35
PAGE 2
3. THAT Dana Burghdoff, General Manager of the Corporation, or Kacey Thomas, Assistant
General Manager of the Corporation, or their duly appointed successors, are each
authorized to renew the contract with Whitley Penn for services for five, one year renewal
periods so long as the amount for such services does not increase more than 5% per renewal
year.
4. THAT this resolution takes effect from the date of its adoption.
AND IT IS SO RESOLVED.
Adopted September 29, 2026
FORT WORTH HOUSING FINANCE CORPORATION
By:
Elizabeth Bec , resident
Attest:
Jannette S. Goodall