City of Austin Housing Finance Corporation Board of Directors met Feb. 9.
Here are the minutes provided by the board:
The Board of Directors of the Austin Housing Finance Corporation (AHFC) was convened on Thursday, February 9, 2023, in the Council Chambers of City Hall, 301 W. 2nd Street, Austin, Texas 78701 and via videoconference. The following were the items considered by AHFC.
Vice President Ellis called the meeting to order at 2:02 p.m.
CONSENT AGENDA
AHFC1. Authorize the negotiation and execution of all documents necessary to resolve an exception to title and facilitate a previous transfer of real property by Austin Housing Finance Corporation to City of Austin described as Parcel 7 (1103 Juniper Street) and Parcel 8 (1159 Waller Street) in a General Warranty Deed dated June 26, 2003, recorded as Document No. 2003221044 of the Official Public Records of Travis County, Texas. District(s) Affected: District 1.
The motion authorizing the negotiation and execution of all documents necessary to resolve an exception to title and facilitate a previous transfer of real property by Austin Housing Finance Corporation to City of Austin described as Parcel 7 (1103 Juniper Street) and Parcel 8 (1159 Waller Street) in a General Warranty Deed dated June 26, 2003, recorded as Document No. 2003221044 of the Official Public Records of Travis County, Texas was approved on Director Ryan Alter’s motion, Director Vela’s second on a 10-0 vote. Director Harper-Madison was off the dais.
AHFC2. Conduct a public hearing regarding the issuance by the Austin Housing Finance Corporation of up to $40,000,000 of multi-family housing revenue bonds to Austin Leased Housing Associates VI, Limited Partnership, or an affiliated entity, to finance rehabilitation of a multi-family housing development to be known as Woodway Square, located at or near 1700 Teri Road, Austin, Texas 78744. District(s) Affected: District 2.
The public hearing was conducted and a motion to close the public hearing was approved on Director Ryan Alter’s motion, Director Vela’s second on a 10-0 vote. Director Harper Madison was off the dais.
AHFC3. Conduct a public hearing regarding the issuance by the Austin Housing Finance Corporation of up to $30,000,000 of multi-family housing revenue bonds to Libertad Austin at Gardner, LP, or an affiliated entity, to finance a multi-family housing development to be known as Libertad Austin at Gardner, located at or near 900 Gardner Road, Austin, Texas 78721. District(s) Affected: District 3.
The public hearing was conducted and a motion to close the public hearing was approved on Director Ryan Alter’s motion, Director Vela’s second on a 10-0 vote. Director Harper Madison was off the dais.
AHFC4. Approve a resolution authorizing the issuance of Austin Housing Finance Corporation Multi family Housing Revenue Bonds in an aggregate principal amount up to $30,000,000 to Libertad Austin at Gardner, LP, or an affiliated entity, to finance a multi-family housing development to be known as Libertad Austin at Gardner, located at 900 Gardner Road, Austin, Texas 78721; approving related documents in substantially the form attached to the resolution; authorizing a ground lease; and authorizing specific named representatives of the Austin Housing Finance Corporation to execute the documents relating to issuance of the bonds and closing the transaction. District(s) Affected: District 3.
Resolution No. 20230209-AHFC004 was approved on Director Ryan Alter’s motion, Director Vela’s second on a 10-0 vote. Director Harper-Madison was off the dais.
Vice President Ellis adjourned the meeting at 2:04 p.m. without objection.
https://services.austintexas.gov/edims/document.cfm?id=403537
