City of Austin Housing Finance Corporation Board of Directors met June 3.
Here are the minutes provided by the board:
The Board of Directors of the Austin Housing Finance Corporation (AHFC) was convened via Videoconference. The following were the AHFC items considered by the Austin Housing Finance Corporation’s Board of Directors.
President Adler called the meeting to order at 11:30 a.m. Director Kelly was absent.
CONSENT AGENDA
AHFC1. Approve the meeting minutes of the May 6, 2021 board meeting of the Austin Housing Finance Corporation.
The motion approving the minutes for the May 6, 2021 board meeting was approved on consent on Director Pool’s motion, Director Renteria’s second on a 10-0 vote. Director Kelly was absent.
AHFC2. Approve a resolution authorizing the Austin Housing Finance Corporation to issue Multi family Housing Revenue Bonds, in an aggregate principal amount up to $20,000,000, that will provide financing for the development of Espero Austin at Rutland, located at 1934 Rutland Drive, in the City; approving related documents; 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 4.
Resolution No. 20210603-AHFC002 was approved on consent on Director Pool’s motion, Director Renteria’s second on a 10-0 vote. Director Kelly was absent.
President Adler adjourned the meeting at11:38 a.m. without objection.
https://www.austintexas.gov/edims/document.cfm?id=361984
