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Regular Meeting, June 8, 2011
Broward County > Housing > Regular Meeting, June 8, 2011

A regular meeting of the Housing Finance Authority of Broward County, Florida, will be held on Wednesday, June 8, 2011, at 5:30 p.m., in the 2nd Floor Conference Room, located at 110 N.E. 3rd Street, Fort Lauderdale, Florida.

PLAQUE PRESENTATION

  1. Jeff DeCarlo

CONSENT AGENDA (2 through 5)

  1. Approval of May 11, 2011 Regular Meeting Minutes
  2. Executive Report
  3. Finance Reports
  4. Broward County Accounting Division and HFA - Memorandum of Understanding

MOTION TO APPROVE: Memorandum of Understanding (MOU) between the HFA and Broward County Accounting Division for two (2) years, from October 1, 2011 to September 30, 2013, at $12,000 per year for internal operating fund/accounting services; authorize the HFA Chair to execute a MOU.     

MOTION TO APPROVE the Consent Agenda for June 8, 2011

ACTION ITEM

  1. Properties for Sales (100 NE 3rd Street; adjacent to the HFA property and 202 NE 3rd Street)

MOTION TO DISCUSS: and provide direction regarding the purchase of these properties. The Broward County Real Property Section provided a preliminary or informal estimated value of $125,000 (for the property located at 100 NE 3rd Street adjacent to the HFA 110 building) and $150,000 (for the empty lot west of the HFA 120 building, located at 202 NE 3rd Street). If future due diligence is undertaken, total cost for two (2) appraisals range is expected to be $4,000 or less.

UPDATE ITEM

  1. Single Family Mortgage Revenue Bonds (2006A&B and 2007AB&C) – Mortgage Defaults

INFORMATION ITEM

  1. Multifamily Projects - Bond Ratings Update
  2. MATTERS OF HFA MEMBERS

  3. MATTERS FROM THE FLOOR

  4. NEXT BOARD MEETING 
    August 10, 2011

  5. ADJOURNMENT

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