Housing Authority of the City of Longview

MINUTES TO THE REGULAR MEETING
OF THE LONGVIEW HOUSING AUTHORITY
BOARD OF COMMISSIONERS
November 28, 2011
At the Longview Housing Authority Offices
1207 Commerce Ave., Longview, WA.

Chair Bruce Fischer called the regular August meeting of the Longview Housing Authority Board of Commissioners to order at 4:20 pm on November 28, 2011.

PRESENT
Bruce Fischer, Commissioner ABSENT
Chris Pegg, Secretary Wayne Ostermiller, Commissioner
Axel Swanson, Commissioner( via conference call) Ron Kosloski, Commissioner Linda Brigham, Commissioner
Tom Drake, Staff PUBLIC
Vickie Rhodes, Staff Mike Wallin, Longview City Council Member
Jade Cassio, Staff
Katie Wilkie, Staff
Jon Dieter, Staff
Kevin Nixon, Staff
Michael Cheney, Staff
Dan Freedman, Staff
Gary Gray, Staff

CHANGES & ADDITIONS TO THE AGENDA

Remove all items from Old Business
Remove Executive Discussion
Add Resolution 12-07 B, Attachment of Project Based Vouchers to Stratford Project


CONSENT AGENDA

Review of Minutes for October 2011 regular meeting
Approve October 2011 Vouchers as paid
Approve write off of doubtful accounts

A motion was made by Commissioner Swanson to approve consent agenda. The motion was seconded by Commissioner Brigham. Motion passed.

FINANCIAL REPORT

Approve October 2011 Financial Report and Statements as presented.

A motion was made by Commissioner Swanson to approve the October 2011 Financial Report and Statements as presented. The motion was seconded by Commissioner Brigham. Motion passed.





CHAIRMAN AND SECRETARY REPORT

Secretary Pegg reported on the work being done with Cowlitz County to prepare for the increase aging population. She also reported on the Veterans Summit held at the Cowlitz County Expo Center on November 9, 2011. Secretary Pegg also thanked Commissioner Brigham for her recent Letter to the Editor on the HUD appropriations. She reminded Commissioners of the upcoming Economic Summit.



INTRODUCTION OF STAFF

Jade Cassio


OLD BUSINESS

Removed from agenda
.

NEW BUSINESS


BOARD ACTION: Approval of Resolution 12-04 to attach up to 20 Project-Based Vouchers to Stratford Arms Apartments

A motion was made by Commissioner Swanson to approve Resolution 12-04 to attach up to 20 Project Based Vouchers as presented. The motion was seconded by Commissioner Brigham. Motion passed.

BOARD ACTION: Approval of Resolution 12-05 to attach 38 Project Based Vouchers to housing project in Woodland, WA

A motion was made by Commissioner Brigham to approve Resolution 12-05 to attach 38 Project Based Vouchers to the housing project in Woodland, WA. The motion was seconded by Commissioner Swanson. Motion passed.


BOARD ACTION: Approval of Resolution 12-06 approving the application to the Washington State Housing Finance Commission for Low Income Housing Tax Credits.

A motion was made by Commissioner Brigham to approve Resolution 12-06 approving the application to the Washington State Housing Finance Commission for Low Income Housing Tax Credits. The motion was seconded by Commissioner Swanson. Motion passed.


BOARD ACTION: Approval of Resolution 12-07 Stratford Arms refinancing proposal

A motion was made by Commissioner Brigham to approve Resolution 12-7 the Stratford Arms refinancing proposal. The motion was seconded by Commissioner Swanson. Motion passed.

BOARD ACTION: Resolution 12-07 B authorizing the issuance of a single revenue bond in the principal amount of not to exceed $570,000 to be used to provide all or part of the funds with which to refinance the Stratford project and to authorize the sale and delivery of the bond to Columbia Bank.
A motion was made by Commissioner Brigham to approve Resolution 12-07 B The motion was seconded by Commissioner Swanson. Motion passed.

BOARD ACION: Approval of Resolution 12-08 establishing a Line of Credit with Columbia Bank

A motion was made by Commissioner Swanson to approve Resolution 12-08 to approve the establishment of a Line of Credit with Columbia Bank. The motion was seconded by Commissioner Brigham. Motion passed.

BOARD ACION: Approval of temporary loan to Veterans Affairs Interim Program

A motion was made by Commissioner Brigham to approve a temporary loan to the Veterans Affairs Interim Program. The motion was seconded by Commissioner Swanson. Motion passed.

BOARD DISCUSSION: Pat Price Housing Hero Award

No action taken on this item.


EXECUTIVE SESSION:

? Removed from agenda



SCEDULING OF NEXT MEETING:

? December 27, 2011

There being no further business to discuss, Chair Fischer adjourned the regular board meeting.



CHRISTINA M. PEGG,
Executive Director


BOARD APPROVAL OF MINUTES


________________________________ ________________________________
Bruce Fischer, Chairperson Attest: Christina M. Pegg, Secretary