July 23, 2002

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 July 24, 2002, at 100 Northwest 63rd, Will Rogers Room, Oklahoma City, Oklahoma.  The amended agenda for this meeting will be as follows.

  1. Consider a Resolution approving Minutes of the May 22, 2002 meeting of the Board of Trustees. APPROVED
     
  1. Apex Awards
     
  1. Certification and Award Presentation
     
  1. 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which anyone of the Trustees desires to have discussion about at the meeting, in which case, each item so noted will be withdrawn from the Consent Docket and handled individually in order immediately following the completion of the Consent Docket:

4.1   Consider a Resolution approving OHFA’s Annual Plan for fiscal year 2002 prepared pursuant to 24 CFR 903; and authorizing and directing staff to submit the Plan to the U.S. Department of Housing and Urban Development. APPROVED

4.2    Consider a Resolution approving the adjusted Section 8 Tenant Utility Allowance schedule and authorizing and directing the staff of OHFA to submit same to the U.S. Department of Housing and Urban Development (“HUD”) in accordance with federal regulations governing HUD’s Housing Choice Voucher Program. APPROVED

4.3    Consider a Resolution approving the Consolidated Annual Contributions Contracts  ("CACCs") to OHFA by the U.S. Department of Housing and Urban Development, and approving and ratifying the execution of said CACC contracts, along with any and all additional documents relating to amendments of said contracts, by the Executive Director of OHFA. APPROVED

4.4   Consider a Resolution approving form of Requests for Proposal ("RFP") for legal services provider and financial advisor for the OHFA 2003 Single Family Mortgage Revenue Bond Program, as a "Related Plan of Financing." APPROVED

4.5   Consider approval of a Resolution authorizing and approving the renewal and extension for a one-year period of OHFA’s contract(s) with Standard of Oregon as service provider for OHFA’s Accidental Death and Disability, and Short and Long Term Disability Employee Benefit Plans. APPROVED

4.6   Consider approval of a Resolution authorizing and approving the renewal and extension for a one-year period of OHFA’s contract(s) with Prudential Investments respecting employee retirement services. APPROVED

4.7  Consider a Resolution approving the transfer of the tax-credit development known as Darlington Courts Apartments, 4631 S. Braden Ave., Tulsa, Oklahoma (OHFA/AHTC No. 94-03-10) by the owner, Evergreen Apartments I, Limited Partnership (with WNC Oklahoma, LLC as its general partner) to Bluechip Holdings, Limited Partnership (with Oklahoma Family Care Services, Inc. as its general partner), subject to certain terms and conditions; authorizing and providing for the execution of documents and agreements related to said transfer. APPROVED

  1. Report on 2002C Program
     
  1. Consider approval of a Resolution authorizing OHFA’s Single Family Mortgage Revenue Bonds (Homeownership Loan Program) 2002 Series D; authorizing the preparation of various documents relating to such bonds; approving the preparation of a Preliminary Official Statement; authorizing development of program documents; authorizing requests for proposals, if necessary; waiving competitive bidding and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto. APPROVED
     
  1. Consider a Resolution finding that an emergency situation exists with respect to the replacement of the air conditioning system for the OHFA Building, 100 NW 63rd, Oklahoma City, Oklahoma, which replacement was previously authorized and approved by this Board of Trustees; finding that a declaration of an emergency pursuant to 61 O.S., Section 130 (thereby suspending the Public Competitive Bidding Act with reference to notice and bids for said replacement), is proper and warranted; approving and ratifying the actions of the Executive Director heretofore taken in regard to said replacement for the protection of the safety and health of building tenants and OHFA employees and the property and equipment in the OHFA building, including a declaration of an emergency and submission of a purchase order to the Oklahoma Department of Central Services (DCS) for a replacement system; directing and authorizing Staff to notify DCS of the actions taken herein. APPROVED
     
  1. Consider a Resolution approving the selection of a service provider to provide computer software and hardware and related services for the automation of OHFA’s Section 8 assisted housing program procedures; authorizing contract with said service provider. APPROVED
     
  2. Consider a Resolution approving, contingent upon satisfaction of certain requirements of the staff of OHFA, the Application of Little Dixie Community Action Agency (Service Area: Choctaw, McCurtain and Pushmataha Counties), for an CHDO operating grant in an amount not to exceed $125,183, to be funded from the State of Oklahoma’s 2002 HOME Investment Partnership Program. APPROVED
     
  3. Consider a Resolution approving the Application of United Community Action Program, Pawhuska, Oklahoma for a CHDO predevelopment loan in an amount not to exceed $20,000, to be funded from the State of Oklahoma’s 2002 HOME Investment Partnership Program. APPROVED
     
  4. Consider a resolution approving the application of KiBois Community Action Foundation, Inc., an Oklahoma not-for-profit corporation, Stigler, Haskell County, Oklahoma for a direct loan from the Oklahoma Housing Trust Fund for the construction of group residences in Pittsburg County, Oklahoma, in an amount not to exceed $357,000, subject to satisfaction of certain contingencies and requirements of the Trustees. APPROVED
     
  5. Consider a Resolution approving the Application of United Community Action Program, Pawhuska, Oklahoma for a CHDO predevelopment loan in an amount not to exceed $20,000, to be funded from the State of Oklahoma’s 2002 HOME Investment Partnership Program. APPROVED
     
  6. Consider a resolution approving the application of Broken Bow Housing Authority, McCurtain County, Oklahoma for a direct loan from the Housing Trust Fund for the construction of single-family residences in Broken Bow, McCurtain County, Oklahoma, in an amount not to exceed $500,000, subject to satisfaction of certain contingencies and requirements of the Trustees. APPROVED
     
  7. Consider a resolution approving the application of Housing 2000, Inc., an Oklahoma for-profit corporation, Muskogee, Oklahoma for a direct loan from the Housing Trust Fund for the construction of single-family residences in the City of Cordell, Washita County, Oklahoma, in an amount not to exceed $ 250,000, subject to satisfaction of certain contingencies and requirements of the Trustees. APPROVED
     
  8. Consider a resolution approving the application of the City of Guymon, Texas County, Oklahoma for a direct loan from the Housing Trust Fund for the construction of single family residences in Guymon, Texas County, Oklahoma, in an amount not to exceed $375,000, subject to satisfaction of certain contingencies and requirements of the Trustees. APPROVED
     
  9. Consider a Resolution approving and adopting proposed Third Amended Trust Indenture of OHFA providing for appointment of Resident Board Member to comply with federal law and authorizing submission and filing of said Third Amended Trust Indenture. APPROVED
     
  10. Report on Program Update
     
  11. Any business not known about or which could not have been reasonably foreseen prior to the time of posting of this Agenda.

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