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January 20, 2000 A Quarterly Meeting of Oklahoma Housing Finance Agency’s ("OHFA") Board of Trustees has been scheduled to be held at 10:00 a.m. on January 21, 2000, at 1140 Northwest 63rd, Room 403, Oklahoma City, Oklahoma. The amended agenda for this meeting will be as follows: 1. Consider a Resolution approving Minutes of the November 16, 1999 meeting of the Board of Trustees. APPROVED 2. Certification presentation 3. Consent Docket - The following items of business may be voted upon by a single vote of the Trustees without discussion, unless and except for any item which anyone of the Trustees desires to have discussion about at the meeting, in which case, each item so noted will be withdrawn from the consent docket and handled individually in order immediately following the completion of the Consent Docket: 3.1 Consider a Resolution approving form of Request for Proposal ("RFP") for Financial Printer for the OHFA 2000 Single Family Mortgage Revenue Bond Program, as a "Related Plan of Financing." APPROVED 3.2 Consider approval of a Resolution authorizing the Chairman and Secretary of OHFA to execute a Compliance Agreement between OHFA and the Comanche County Home Finance Authority. APPROVED 3.3 Consider approval of a Resolution authorizing the Chairman and Secretary of OHFA to execute a Compliance Agreement between OHFA and the Oklahoma County Home Finance Authority. APPROVED 3.4 Consider a Resolution approving the voluntary transfer of servicing from Corinthian Mortgage Corporation to GMAC Mortgage Corporation for loans originated in the OHFA 1987 and 1996 I Single Family Mortgage Revenue Bond Programs. APPROVED 3.5 Consider a Resolution ratifying and approving the awarding of a Final Allocation of Tax Credits, for Park View Village Limited Partnership (Owner/Applicant) set forth on Exhibit "I" and the execution of a Regulatory (Extended Use) Agreement with said Owner/Applicant by the Executive Director on behalf of OHFA. APPROVED 3.6 Consider Resolutions approving the request of each of the following Owner/Applicants set forth on Exhibit "II" for a Final Allocation of Tax Credit Credits, and authorizing the Executive Director to execute Regulatory (Extended Use) Agreements with each of the Owner/Applicants so approved, subject to the terms and conditions set forth in the Resolutions. APPROVED 3.7 Consider a Resolution approving the substitution of Action Corporation, an Oklahoma nonprofit corporation and community action agency with its principal place of business in Shawnee, Oklahoma for Aging Services, Inc., an Oklahoma nonprofit corporation with its principal place of business in Norman, Oklahoma, as the nonprofit partner of Senior Cottages of Norman Limited Partnership an Oklahoma limited partnership, owner of Senior Cottages of Norman. APPROVED 3.8 Consider approval of a Resolution authorizing the reservation of up to one hundred thousand dollars from the 2000 low-income housing tax credit set aside for rural developments for developments funded under Section 515 of the Housing Act of 1949 through funds made available for new construction in rural areas; and authorizing the Executive Director to enter into a Memorandum of Understanding or Agreement with Rural Housing Service as may be necessary to carry out the actions approved therein. APPROVED 3.9 Consider a Resolution approving the selection of service providers to implement the Housing Opportunities for Persons with AIDS ("HOPWA") Program. APPROVED 3.10 Consider approval of a Resolution authorizing and approving the selection of telecommunications equipment and services for OHFA from Travis Business Systems pursuant to the State competitive bidding procedures. APPROVED 3.11 Consider approval of a Resolution authorizing and approving the selection of 34 Toshiba "Protégé" mini-laptop computers for use by OHFA and staff pursuant to the State competitive bidding procedures. APPROVED 3.12 Consider a Resolution approving the Consolidated Annual Contributions Contract to OHFA by the U.S. Department of Housing and Urban Development (Moderate Rehabilitation Program - OK 901MR), and approving and ratifying the execution of said contract, along with any and all additional documents relating to amendments of said contract by the executive director of OHFA. APPROVED 3.13 Consider a Resolution approving "Termination of the Regulatory Agreement and Declaration of Restrictive Covenants" respecting OHFA’s Multi-family Housing Revenue Bond Program (Park Terrace Project, Tulsa, Oklahoma, Series 1986) and authorize the Chairman to execute same on behalf of OHFA. APPROVED 4. Consider approval of a Resolution authorizing the sale of GNMA Mortgage-Backed Securities (The "GNMA Certificates") securing OHFA’s GNMA Collateralized Home Mortgage Revenue Bond Program, 1990 Series A, 1990 Series B1 and 1990 Series B2; authorizing required documents relating to such sale; setting parameters for the price for such GNMA Certificates; directing the sale of the GNMA Certificates; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto. APPROVED 5. Consider approval of a Resolution pertaining to OHFA’s Single Family Mortgage Revenue Bonds (Homeownership Loan Program) 1999 Series C (Taxable); redesignating the use of certain proceeds; setting aside funds for down payment assistance; authorizing use of OHFA funds; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto. APPROVED 6. Consider approval of a Resolution relating to OHFA’s Single Family Mortgage Revenue Bonds (Homeownership Loan Program) 1999 Series D; authorizing the transfer of FHLB Grant Funds to OHFA’s Series 2000A Bond issue; authorizing the conversion of the set-aside for AHP/HOME assisted loans to HOME assisted and/or assisted loans; authorizing use of OHFA funds; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto. APPROVED 7. Consider approval of a Resolution authorizing OHFA’s Single Family Mortgage Revenue Bonds (Homeownership Loan Program) 2000 Series A consisting of two or more subseries; authorizing the various documents relating to such bonds; approving the distribution of the Preliminary Official Statement; setting parameters for the price and interest rates for such bonds; setting aside funds for new construction loans, down payment assistance and other purposes; authorizing use of OHFA funds; designating a Trustee, registrar and paying agent; designating a book-running co-senior manager; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto. APPROVED 8. Consider approval of a Resolution authorizing OHFA’s Single Family Mortgage Revenue Bonds, Anticipation Series 2000; authorizing the various documents relating to such bonds; authorizing the sale of the bonds at negotiated sale and waiving competitive bidding for the bonds; setting the price and the formula for the interest rate on such bonds; authorizing use of OHFA funds; designating a trustee registrar and paying agent; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto. APPROVED 9. Consider approval of a Resolution directing OHFA’s staff to develop a new Mortgage Purchase Program; authorizing the development of various documents, agreements and notices relating to such program; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto. APPROVED 10. Consider approval of a Resolution authorizing OHFA’s Single Family Mortgage Revenue Bonds (Homeownership Loan Program) 2000 Series B (Taxable); authorizing the various documents relating to such bonds; setting parameters for the price and interest rates for such bonds; setting aside funds for down payment assistance and other purposes; authorizing use of OHFA funds; designating a Trustee, Registrar and Paying Agent; authorizing a Line of Credit for the purpose of providing interim funding; and authorizing OHFA officers and staff and advisors to take certain actions with respect thereto. APPROVED 11. Consider approval of a Resolution authorizing an OHFA Single Family Mortgage/Mortgage Backed Securities Program; authorizing documents relating thereto; authorizing a Line of Credit for the purpose of providing interim funding; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto. APPROVED 12. Consider a Resolution directing OHFA’s staff to develop a new Mortgage Purchase Program with the Central Oklahoma Habitat for Humanity, Inc.; authorizing the development of various documents, agreements and notices relating to such program; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto. APPROVED 13. Consider approval of a Resolution, contingent upon the United States Department of Housing and Urban Development’s approval of OHFA as a Contract Administrator for project based housing assistance payment contracts under Section 8 of the United States Housing Act of 1937, as amended (42 U.S.C. 1437f), authorizing the Executive Director of OHFA to enter into a contract with HUD respecting same, authorizing additional personnel, approving a Proposed Contract Administration Budget and approving amendments to the Fiscal Year 1999-2000 Budget of OHFA. APPROVED 14. Consider a Resolution approving and adopting the proposed amended revised and restated OHFA Chapter 36, Low Income Housing Tax Credit Program Rules; authorizing the Executive Director to take such steps as are necessary to cause the proposed amendments as approved and adopted by the Trustees to be promulgated pursuant to the Oklahoma Administrative Procedures Act as permanent rules of OHFA, including such revisions as are necessitated to comply with format requirements. APPROVED 15. Consider approval of Resolutions ratifying and approving the approval or denial of the applicants (contractors and projects) for funding under the HOME Investment Partnerships Program for Fiscal Year 1999 as set forth on Exhibit "A";ratifying and approving the contracts between OHFA and the approved applicants. APPROVED 16. Consider a Resolution approving the selection of Norman Housing Associates II, Limited Partnership, ERC Properties, General Partner (Hereinafter referred to as "Owner") for partial funding of the rehabilitation of the Garland Square Development, Norman, Oklahoma under the Housing Trust Fund Program, contingent upon the satisfaction of certain requirements and authorizing contracts and written agreements between and among OHFA, owner and other necessary to carry out the intent of this resolution and funding under the Housing Trust Fund Program. APPROVED 17. Consider a Resolution approving the
selection of Webster Villa General Partnership, Deep Fork Community Action Foundation,
Inc., Limited Partner, Deep Fork Development Corporation, Inc., General Partner
(hereinafter referred to as "Owner") for partial funding of the new construction
of the Webster Villa Senior Housing Project, Henryetta, Oklahoma under the
Housing Trust Fund Program, contingent upon the satisfaction of certain
requirements and authorizing contacts and written agreements between and
among OHFA, owner and others necessary to carry out the intent of this
resolution and funding under the Housing Trust Fund Program. APPROVED 19. Report on the IRS Section 125 Cafeteria Plan 20. Report on Section 8 21. Report on the Quality Housing & Work Responsibility Act of 1998 22. Any business not known about or which could not have been reasonably foreseen prior to the time of posting of this Agenda. |
