McKinney Housing Finance Corporation

CITY OF McKINNEY, TEXAS Agenda McKinney Housing Finance Corporation Friday, June 11, 2021 8:00 AM 2nd Floor Conference Room 222 N. Tennessee Street McKinney, Texas 75069 PURSUANT TO TEXAS GOVERNMENT CODE SECTION 551.002, A QUORUM OF THE CITY COUNCIL MAY BE PRESENT. NO CITY COUNCIL ACTION WILL BE TAKEN. CALL TO ORDER PUBLIC COMMENTS ON AGENDA ITEMS (For Non-Public Hearing Agenda Items) If you wish to address the Board on a posted item on this agenda, please fill out a "Request to Speak" card and present it to the Clerk before the meeting. Pursuant to Section 551.007 of the Texas Government Code, any person wishing to address the Board for items listed as public hearings will be recognized when the public hearing is opened. Speakers wishing to address the Board regarding any non-public hearing item on this agenda shall have a time limit of three (3) minutes per speaker, per agenda item. The Board Chair may reduce the speaker time limit uniformly to accommodate the number of speakers or improve meeting efficiency. This portion of the agenda consists of non-controversial or housekeeping items required by law. Items may be considered individually by the Board or Commission member making such request prior to a motion and vote on the Consent Items. REPORTS 21-0493 Update on The Independence Attachments: Independence Pictures 21-0494 MHFC Financial Update Attachments: 5-2021 Prepared F.S REGULAR AGENDA 21-0495 Consider/Discuss/Act on McKinney Housing Finance CITY OF McKINNEY, TEXAS Page 1 Printed on 6/7/2021 McKinney Housing Finance Agenda June 11, 2021 Corporation Corporation Investment Policy Attachments: MHFC Investment Policy 21-0496 Consider/Discuss/Act on a Resolution Regarding the LOGIC Investment Pool as an Authorized Investment Attachments: Resolution 21-0497 Consider/Discuss/Act on the Participation Agreement for LOGIC Attachments: Participation Agreement 21-0498 Consider/Discuss/Act on a Resolution Authorizing the Investment of Surplus Funds of McKinney Flats GP, LLC, McKinney Flats Holdings, LLC, McKinney Flats Development, LLC and McKinney Flats Contractor, LLC (COLECTIVELY, THE ‘COMPANIES’) and Authorizing the Execution of Documents and Instruments Necessary or Convenient to Carry Out the Purposes of this Resolution; and Containing other Provisions Relating Thereto Attachments: Resolution 21-0499 Consider/Discuss/Act on COVID 19 Emergency Tenant Rental Assistance 21-0500 Consider/Discuss/Act on Proposed 2021 McKinney HFC MCC/DPA Program 21-0501 Consider/Discuss/Act on Proposed MHFC Budget for FY 2022 Attachments: MHFC Proposed Budget 2022 21-0502 Consider/Discuss/Act on the Process for the Next MHFC Affordable Partnership with a Developer PUBLIC COMMENTS REGARDING MATTERS NOT ON THE AGENDA BOARD OR COMMISSIONER COMMENTS CITY OF McKINNEY, TEXAS Page 2 Printed on 6/7/2021 McKinney Housing Finance Agenda June 11, 2021 Corporation Board or Commission Comments relating to items of public interest: Announcements regarding local or regional civic and charitable events, staff recognition, commendation of citizens, upcoming meetings, informational update on projects, awards, acknowledgement of meeting attendees, birthdays, requests for items to be placed on upcoming agendas, and condolences. EXECUTIVE SESSION In Accordance with the Texas Government Code: A. Section 551.071(2) Consultations with Attorney on any Work Session, Special Session, or Regular Session agenda item requiring confidential attorney/client advice necessitated by the deliberation or discussion of said items (as needed) B. Section 551.071 (A) Pending or contemplated litigation C. Section 551.072. Deliberations about Real Property D. Section 551.074. Personnel Matters E. Section 551.087. Deliberation Regarding Economic Development Matters ACTION ON EXECUTIVE SESSION ADJOURN Posted in accordance with the Texas Government Code, Chapter 551, on the 8th day of June, 2021 at or before 8:00 a.m. ___________________________ Empress Drane, City Secretary Joshua Stevenson, Deputy City Secretary In accordance with the Americans with Disabilities Act, it is the policy of the City of McKinney to offer its public programs, services, and meetings in a manner that is readily accessible to everyone, including individuals with disabilities. If you are a person with a disability and require information or materials in an appropriate alternative format; or if you require any other accommodation, please contact the ADA Coordinator at least 48 hours in advance of the event. Email contact-adacompliance@mckinneytexas.org. Advance notification within this guideline will enable the City to make reasonable arrangements to ensure accessibility. ADA grievances may also be directed to the ADA Coordinator or filed online at http://www.mckinneytexas.org/ada. CITY OF McKINNEY, TEXAS Page 3 Printed on 6/7/2021