HomeMy WebLinkAboutHousing Catalyst - Minutes - 05/22/2008Minutes of the Regular Meeting of the Fort Collins Housing Authority
1715 Mountain Ave, Fort Collins Colorado
May 22, 2008
Commissioners Present
Ed Stoner
Mary Davis
Lisa Poppaw
Matt Robenalt
Commissioners Absent
Mike Sollenberger
Pat Brady
Vacant Seat
Staff Present
Julie Brewen
Carol Gonzalez
John Tuchscherer
Jim Martel
Alan Fluharty
Guests
Gavin Kaszynski
Ryan Keiffer
1. CALL TO ORDER
Chairperson Davis called the regular meeting of the Fort Collins Housing Authority to order at 7:40 a.m.
II. CITIZEN INPUT
None.
III. APPROVAL OF MINUTES
The board reviewed the minutes of the March 27, 2008 regular meeting. Commissioner Robenalt made a
motion, seconded by Commissioner Poppaw to approve these minutes as presented. This motion was
passed unanimously.
IV. OLD BUSINESS
Village on Stanford:
Ms. Brewen gave an update on the acquisition of Stanford Apartments. Ms. Brewen informed the Board
that the Colorado Division of Housing announced it has expended all of their 2007 and 2008 funds, and
they will not be accepting new applications until spring of 2009. This leaves a substantial gap in the
Leisure Drive rehab project as well as the Stanford Apartments Acquisition. She stated the FCHC board
has been discussing the possibility of leveraging new units by strategically selling certain properties in the
existing portfolio.
V. NEW BUSINESS
I" Quarter Financial Statements:
Mr. Fluharty presented the first quarter financial statements to the Board and answered all questions.
VI. LEGISLATIVE ISSUES
Colorado Housing Investment Fund:
The Board discussed the Colorado Housing Investment Fund and while they do not feel it is appropriate
for the Authority Board to sponsor this issue they understand the Housing Corporation will discuss this
issue at their upcoming Board meeting.
VII. MONTHLY ACTIVITY REPORT
The Board reviewed the monthly activity report.
VIII. OTHER BUSINESS
None.
IX. ADJOURNMENT
Chairperson Davis adjourned the regular meeting of the Fort Collins Housing Authority Board of
Commissioners. Approved this 24th day of July 2008.
J.