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HomeMy WebLinkAboutHousing Catalyst - Minutes - 04/13/2007Minutes of the Regular Meeting of the Fort Collins Housing Authority 1715 Mountain Ave, Fort Collins Colorado April 13, 2007 Special Meeting Via Conference Call Commissioners Present Commissioners Absent Staff Present Guests Mary Davis Julie Brewen Karen Weitkunat Jim Martell, Attorney Ed Stoner Stephanie Barratt Matt Robenalt Mike Sollenberger I. CALL TO ORDER Chairperson Davis called the special meeting of the Fort Collins Housing Authority to order at 8:03 a.m. II. NEW BUSINESS Ms. Brewen presented the Board with Resolution No. 07-10 Authorizing the guarantee of a loan for acquisition and construction interim financing for the Village on Elizabeth. After some discussion, Commissioner Weitkunat made a motion, seconded by Commissioner Sollenberger to approve Resolution No. 07-10 Approval of Loan Guarantee in the amount $3,201,864 to the Village on Elizabeth LLLP for the Acquisition and Renovation of Certain Residential Rental Properties. The motion was approved unanimously. Ms. Brewen then stated that Commissioner Mike Sollenberger has asked to be removed as a member of the Village on Elizabeth LLC and the Village on Elizabeth Development LLC. A motion was made by Commissioner Stoner, seconded by Commissioner Barratt, that the number of managers of those entities be reduced to one, and that Julie J. Brewen be appointed as the Chief Manager/Manager of the Companies. This motion was unanimously passed. VIII. ADJOURNMENT There being no further business, Chairperson Davis adjourned the special meeting of the Fort Collins Housing Authority Board of Commissioners at 8:12 a.m. The next scheduled meeting will be hV13'on,,April 26, 2007. Approved this 26`h day of April 2007. Mary M. Dad , Chairperson Juh . Brewen,,Secreta�