Agenda — original pdf

Agenda

AUSTIN AFFORDABLE PFC, INC. BOARD OF DIRECTORS Annual Meeting Thursday, March 26, 2020 12:00 PM Conference Call 1 (646) 749-3122 Access Code: 283-714-653 PUBLIC NOTICE OF A MEETING TAKE NOTICE OF A BOARD OF DIRECTORS ANNUAL BOARD MEETING OF THE AUSTIN AFFORDABLE PFC, INC. Thursday, March 26, 2020 12:00 PM TO BE HELD VIA CONFERENCE CALL 1 (646) 749-3122 Access Code: 283-714-653 A recording of the meeting will be posted on HACA's website www.hacanet.org/board within two business days after the meeting date CALL TO ORDER, ROLL CALL CERTIFICATION OF QUORUM CONSENT AGENDA Citizens Communication (Note: There will be a three-minute time limitation) Items on the Consent Agenda may be removed at the request of any Commissioner and considered at another appropriate time on this agenda. Placement on the Consent Agenda does not limit the possibility of any presentation, discussion, or action at this meeting. Under no circumstances does the Consent Agenda alter any requirements under Chapter 551 of the Texas Government Code, Texas Open Meetings Act. CONSENT ITEMS Presentation, Discussion, and Possible Action regarding the Approval of the Board Minutes Summary for the Board Meeting held on January 14, 2020 Presentation, Discussion, and Possible Action regarding Resolution No. 00065: Approval to ratify all actions taken by the Board of Directors during FYE 2019-2020, in order to resolve any irregularities which may have occurred regarding a quorum or vote by the Directors as reflected within the approved minutes and resolutions ACTION ITEMS Presentation, Discussion, and Possible Action regarding Resolution No. 00064: Election of new Officers for Austin Affordable Housing PFC., Inc. Presentation, Discussion, and Possible Action on Resolution No. 00066: Resolution declaring intent to issue bonds to provide financing for a multifamily residential rental development for persons of low and moderate income (Bridge at Turtle Creek); prescribing certain terms and conditions of such bonds; authorizing the filing of an application for allocation of private activity bonds with the Texas Bond Review Board; and containing other provisions relating to the subject Presentation, Discussion, and Possible Action on Resolution No. 00067: Resolution declaring intent to issue bonds to provide financing for a multifamily residential rental development for persons of low and moderate income (The Henderson on Reinli); prescribing certain terms and conditions of such bonds; authorizing the filing of an application for allocation of private activity bonds with the Texas Bond Review Board; and containing other provisions relating to the subject 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Presentation, Discussion, and Possible Action on Resolution No. 00068: Resolution declaring intent to issue bonds to provide financing for a multifamily residential rental development for persons of low and moderate income (The Matador); prescribing certain terms and conditions of such bonds; authorizing the filing of an application for allocation of private activity bonds with the Texas Bond Review Board; and containing other provisions relating to the subject Presentation, Discussion, and Possible Action on Resolution No. 00069: Resolution declaring intent to issue bonds to provide financing for a multifamily residential rental development for persons of low and moderate income (The Conrad); prescribing certain terms and conditions of such bonds; authorizing the filing of an application for allocation of private activity bonds with the Texas Bond Review Board; and containing other provisions relating to the subject Presentation, Discussion, and Possible Action on Resolution No. 00070: Resolution declaring intent to issue bonds to provide financing for a multifamily residential rental development for persons of low and moderate income (The Park at Decker Lake); prescribing certain terms and conditions of such bonds; authorizing the filing of an application for allocation of private activity bonds with the Texas Bond Review Board; and containing other provisions relating to the subject Presentation, Discussion, and Possible Action on Resolution No. 00071: Resolution declaring intent to issue bonds to provide financing for a multifamily residential rental development for persons of low and moderate income (The Ridge at East Village); prescribing certain terms and conditions of such bonds; authorizing the filing of an application for allocation of private activity bonds with the Texas Bond Review Board; and containing other provisions relating to the subject Presentation, Discussion, and Possible Action on Resolution No. 00072: Resolution declaring intent to issue bonds to provide financing for a multifamily residential rental development for persons of low and moderate income (Kingswood); prescribing certain terms and conditions of such bonds; authorizing the filing of an application for allocation of private activity bonds with the Texas Bond Review Board; and containing other provisions relating to the subject EXECUTIVE SESSION The Board may go into Executive Session (close its meeting to the public) Pursuant to: a. 551.071, Texas Gov't Code, consultations with Attorney regarding legal advice, pending or contemplated litigation; or a settlement offer; b. 551.072, Texas Gov't Code, discussion about the purchase, exchange, lease or value of real property; c. 551.074, Texas Gov't Code, discuss the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee; or to hear a complaint or charge against an officer or employee. d. 551.087, Texas Gov't Code, discuss certain economic development negotiations OPEN SESSION If there is an Executive Session, the Board will return to Open Session for discussion, consideration and possible action of matters discussed in Executive Session. REPORTS The Board accepts the following reports: President's Report Other Staff Reports Commissioners' Reports/Questions to the Department Staff ADJOURNMENT "Pursuant to 30.06, Penal Code, (trespass by holder of license with a concealed handgun), a person licensed under Subchapter H, Chapter 411, Government Code (handgun licensing law), may not attend this meeting with a concealed handgun." "Pursuant to 30.07, Penal Code (trespass by holder of license with an openly carried handgun), a person licensed under Subchapter H, Chapter 411, Government Code (handgun licensing law), may not attend this meeting with a handgun that is carried openly." "En virtud del 30.06, Codigo Penal, (traspaso titular de licencia con una pistola), una persona bajo el subcapitulo H, capitulo 411, codigo de gobierno (Ley de licencia de arma or pistola), no se permiten en este reunion con una arma o pistola. "En virtud de 30.07, Codigo Penal (prevaricacion por titular de la licencia con un arma o pistola abiertamente llevado), una persona bajo el subcapitulo H, capitulo 411, codigo de gobierno (Ley de licencia de arma o pistola), no se permiten en esta reunion con un arma o pistola que lleva abiertamente. *The Housing Authority of the City of Austin (HACA) Board of Commissioners reserves the right to discuss and consider items out of order on the agenda on an as needed basis. The Housing Authority of the City of Austin is committed to compliance with the Americans with Disability Act. Reasonable modifications and equal access to the communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give notice at least 2 days (48 hours) before the meeting date. Please call Nidia Hiroms at HACA at 512.477.4488, for additional information; TTY users route through Relay Texas at 711. For more information on HACA, please contact Nidia Hiroms at 512.477.4488 x 2104. On March 16, 2020, the Governor of Texas suspended certain open meeting laws in response to the Coronavirus (COVID-19) disaster. This action allows governmental bodies, including the Housing Authority of the City of Austin and its subsidiaries, to conduct meetings by telephone or video conference to advance the public health goal of limiting face-to-face meetings to slow the spread of COVID-19. Accordingly, the Housing Authority of the City of Austin (HACA) and its subsidiaries will be conducting their Annual Board Meetings via telephone conference at 12:00 PM on Thursday, March 26, 2020. The public is invited to access and participate in the Board Meetings by dialing in using your phone. 1 (646) 749-3122 Access Code: 283-714-653 HACA will provide online written notice containing a public toll-free dial-in number, as well as an electronic copy of the agenda packet, in advance of the telephonic conference meetings at www.hacanet.org/board. The public will have a means to participate in the meetings through two-way audio connections. Additionally, HACA will post an audio recording of the meetings on our website.