City of Austin Housing Finance Corporation Board of Directors will meet Nov. 3.
Here is the agenda provided by the board:
The Austin Housing Finance Corporation Will Meet At 10:30 Am, Austin City Hall 301 W. Second Street Austin, TX And Some Members Of City Council May Be Participating By Videoconference
AGENDA
The Board may go into a closed session as permitted by the Texas Open Meetings Act, (Chapter 551 of the Texas Government Code) regarding any item on this agenda.
Consent
1. Approve the meeting minutes of the October 13,2022, Board of Directors meeting of the Austin Housing Finance Corporation.
2. Approve a resolution authorizing the issuance of Austin Housing Finance Corporation Multi-family Housing Revenue Bonds in an aggregate principal amount up to S25,000,000 to provide financing for the rehabilitation of Arbors at Creekside, located at 1026 Clayton Lane, Austin, Texas 78723; 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 the issuance of the bonds and closing the transaction.
District(s): District 1
3. Approve a resolution authorizing the formation of AHFC City View Investor Non-Profit Corporation, a Texas nonprofit corporation and instrumentality of the Austin Housing Finance Corporation: approving the forms of its certificate of formation and by-laws, and appointing its Board of Directors and President, for the purpose of acquiring the special limited partner interest and the investor limited partner interest in the limited partnership that is the owner of a leasehold interest in a 70-unit multifamily rental development known as City View at the Park Apartments, located at 2000 Woodward Street, Austin, Texas 78741.
District(s): District 3
4. Authorize negotiation and execution of all documents and instruments necessary or desirable for the Austin Housing Finance Corporation affiliate -AHFC City View Investor Non-Profit Corporation -to acquire the special limited partner interest and the investment limited partner interest in the limited partnership that owns the City View at Park Apartments, located at 2000 Woodward Street, Austin, Texas, 78741, for a purchase price to be negotiated with the special and investor limited partners. (District 3).
District(s): District 3
Adjourn
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https://services.austintexas.gov/edims/document.cfm?id=395338