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From YouTube: Laredo Housing Finance Corporation Meeting 030922
Description
Laredo Housing Finance Corporation Meeting 030922
B
A
A
If
you
all
have
reviewed,
if
we
can
have
a
motion
to
accept
us
presented
or
motion
version
motion
by
mr
gonzalez.
Second
by
ms
montoya,
everybody
in
favor,
say
hi.
Anybody
again
motion
carries
citizen
comments.
Item
number
four
season
comments
will
be
open
until
the
end
of
the
meeting.
There's
no
citizens
present
at
the
time,
but
we'll
leave
it
open.
Until
the
end
of
the
meeting
treasurer's
report,
financial
update,
undoubtedly
housing,
finance
corporation
falcon
bank
account
expenses
and
available
balance.
C
A
D
D
G
D
We
were,
we
were
over
this
this
time
in
january.
This
was
due
to
the
water,
not
the
electricity,
water
and
wastewater
were
or
very
high,
so
we
were
negative
there
and
promotion
positive
and
we're
still
doing
a
lot
of
the
advertising
with
sprout
and
apartments.com
facebook
postings
broadcast
magazine.
I
forgot
to
bring
it.
I
wanted
to
show
you
that
picture.
D
It's
really
pretty
so
we're
doing
advertising
with
them
general
and
administrative,
which
is
payroll,
payroll
and
payroll,
and
we
were
positive
there,
less
ot
for
the
maintenance
staff
for
emergency
calls
and
and
weekend
to
dispose
of
the
trash,
totally
taxes
and
insurance.
We
were
also
positive
there.
So
the
total
operating
expenses
and
income
we
were.
We
were
oh
capital.
We
were
positive
there,
so
the
net
income.
We
were
positive,
eighteen
hundred
dollars,
eighteen
eighteen,
eighteen
hundred.
D
D
D
J
D
Been
positive
cases,
but
it
was
when
the
overcrowd
variant
a
few
isolated
in
their
in
their
rooms,
but
99.5
of
my
residents
are
vaccinated.
I
think
I
can
count
the
ones
that
are
not
that
don't
want
anything
to
they
think
politics
is
not
real,
but
everybody's
been
boosted
and
and
stuff
and
we've
had
the
vaccine
right
there.
D
I
I
There
were
significant
savings
on
capital,
and
that
is
primarily
due
because
we
budgeted
it
for
furniture
that
we
didn't
purchase
and
again
do
because
it's
not
wasn't
being
used
at
the
time
we
had
to
remove
everything
from
the
lobbies
so
that
they
wouldn't
congregate
there
in
the
world
to
keep
them.
You
know
isolated
as
much
as
possible.
I
K
D
D
E
D
We
don't
anticipate
any
any
big
high
dollar
expenses
at
this
time.
No,
we
want
to
do
improvements,
but
that
that
we
need
to
submit
for,
for
you
all
to
kind
of
review
and
if
cash
flow
allows,
we
want
to
continue.
We
stopped
during
the
colgate
situation
with
doing
the
planting
on
the
hallways
and
stuff.
We
want
to
kind
of
continue
that
again,
so
we'll
put
in
it
for
approval
on
those
items
so.
I
And
that
is
again,
if
you
look
at
the
capital
expenses
this
primarily
due
to
all
those
15
dollars
and
on
almost
sixteen
thousand
for
the
generator
for
the
freeze,
the
repairs
that
we
have
there's
a
gl,
that's
the
flood,
damage
35
and
then,
of
course,
an
appliances.
There
were
several
appliances
that
you
know
we
underestimated
that
we
were
going
to
need
and
then
the
blind
stuff
it
needed
to
be
replaced.
They
did
have
a
few
added
plumbing
issues,
the
main
lines
where
they
start
busting.
They
have
to
call
the
plumber
to
go
and
replace
them.
I
D
J
D
F
D
Other
one
they
have
trouble,
they
kind
of
have
to
use,
and
they
already
know
the
modification
there
that
they
kind
of
have
to
fold
up
the
stretcher.
So
it
can
be
if
they
need
to
use
the
the
second
elevator.
Yes,
they
would
they
can
get
in
and
we
priced
those
stretchers
way
back
and
they're
kind
of
pricey.
D
I
had
the
cook
from
mr
rocha,
one
of
his
cooks,
or
I
don't
know
what
she
does
with
him
there,
that
she
was
kind
of
interested.
She
wanted
to
come,
see
and
see
if
she
could
afford
the
rent
and
stuff,
because
she
does
a
lot
well.
She
helps
mr
rochester.
She
knows
that
the
she
knows
the
type
of
business
she
would
have
downtown.
D
So
I
kind
of
told
her
give
me
a
proposal
I'll
send
it
in,
and
maybe
you
can
open
from
7
a.m
to
3
p.m
and
do
breakfast
tacos
and
lunch
specials
and
sell.
You
know
it's
needed.
It's
really
neat
because
there's
not
much
you
can
get
downtown.
So
she
see
you.
She
comes
around
I'll.
Give
her
another
call.
J
J
E
G
F
I
G
D
C
A
C
A
C
So
I
think
right
now,
the
first
step
instead
of
you
know
starting
off
with
dissolving
the
corporation.
I
think
we
feel
that
the
first
step
could
be
that
even
motion
for
us
to
assist
with
the
operations
and
management
of
the
of
the
hamilton
housing
complex
we
would
take.
Your
motion
presented
to
council
council
would
have
to
approve,
because
you
are
asking
to
use
city
staff.
C
City
staff,
to
to
assist
with
with
the
administration
and
operations
of
of
both
the
board
and
the
and
the
the
facility
itself.
Just
to
let
you
know
I
I
did
invite
mr
umbro
delgado.
He
is
currently
our
municipal
housing
manager,
so
the
city
already
is
in
the
landlord
business.
If
you
might
want
to
call
it
that
we
are
currently
managing
operating
about
600
units,
both
single-family
and
multi-family
projects,
and,
of
course,
it's
all
operating
on
its
own
revenue
stream.
So
we
don't
get
general
fund
funds,
we
all
it's
all
operational
funding.
C
J
C
Do
some
have
some
affordable
housing
projects
that
we,
you
know
use
some
federal
funding
to
to
construct
an
example?
Is
a
20
convent,
so
we
do
have
you
know
some
of
that
background
also
on
on
running,
affordable
housing
projects.
So
again,
I
think
the
first
step
would
be.
If
you
do
motion
today
for
us
to
go
in
that
process,
we
would
take
it
to
a.
F
C
Council
would
have
to
to
allow
us
to
take
over.
You
know
the
the
operations
of
the
hamilton
and
then,
of
course,
we
would
proceed
with
after
they
approve
it.
Then
we
would
proceed
with
giving
notice
to
the
current
management
as
per
their
contract.
I
believe
there
is
only
like
a
30-day
notice
that
they
would
need
to
do
so.
C
I
would
foresee
that
maybe
the
next
couple
might
require
a
few
meetings
right,
a
few
meetings
to
discuss
this,
but
then,
after
we
get
going,
I
wouldn't
foresee
you
all
needing
to
meet
on
a
you
know
on
every
two-month
basis,
it
could
be
on
a
bi-annual
basis
on
a
yearly
basis,
and
we
would
just
bring
you
key
key
operational
questions.
Maybe
budget.
B
C
K
C
Yeah
our
plan
is
because
currently
right
now,
if
you
look
at
the
whole
block,
we
already
owned
a
20
convent.
So
we
have
someone
already.
We
have
a
maintenance
staff
that
visits.
We
don't
have
on-site
management
therapy
because
it's
15
units,
but
then
we
are
working
on
the
southern
hotel.
Also,
that
will
add
22
units
and
then
we
would
be
if
we
were
to
add
the
so
now
I
would
yeah
the
hamilton
now
would
have.
It
would
merit.
C
Staff
that
would
still
report
to
mr
umberto
that
would
ultimately
report
to
me,
but
that
structure
is
already
there
and-
and
we
have
the
mechanism,
the
financing,
that,
since
we
have
other
projects
in
this
area,
we
would
of
course
allocate
funding
from
each
project
to
make
sure
that
that
salary
person
is,
you
know,
responsible
for
for
all
those
and
and
a
few
more
so
we're
working
on
a
plan.
So
it
would.
It
wouldn't
entail,
of
course,
maintenance
staff,
on-site,
you
know,
coordinator
and
some
private
clerical.
A
If
you
can
share
with
us
your
your
plans
as
they
come
along
at
the
end
of
the
day,
our
function
is
to
provide
the
best
type
of
living
and
affordable
living
to
the
people
living
there.
The
whole
idea
is
it's
for
them
to
be
in
the
best
hands
possible
and
to
have
the
best
pricing
possible
at
the
end
of
the
day,
is
it's
for
the
needy
and
and
that's
that's
the
that-
was
the
whole
idea
of
acquiring
this,
this
property,
the
dissolution.
A
A
C
So
in
the
agreement
that
that
the
board
has
with
hud
on
that
financing
refinancing
that
was
done,
it
is
that
we
notify
them.
If
there's
any
changes
to
management,
so
we
will
be
I'll,
be
reaching
out
to
them,
and
I
can
give
you
all
a
status
report
on
what
they
say
or
what
formal
process
they
might
need.
They
might
need
a
letter
from
you
all
right.
A
The
timings
at
the
end
of
the
day
we
yeah
number
one.
We
need
to
wait
for
council
to
see
if
they
agree
and
after
that
hud
needs
to
agree
at
the
same
time
and
we
need
to
know
how
to
present
it
formally
the
hud
to
be
approved,
and
then
we
will
move
to
the
termination
of
the
other
contract
if,
if
we
decide-
and
it's
decided
by
council
that
that
that's
the
right
route,
so
at
the
end
of
the
day,
I
think
it's
gonna
take
a
couple
of
months.
That's.
C
E
G
G
C
Think
it's
the
21st,
the
21st,
okay,
so
march
21st.
I
would
invite
the
the
board,
if
you
and
I'll,
let
you
know
I'll,
send
you
once
you're
we're
on
the
agenda
I'll,
let
you
all
know
so
that
you
could
also
go
in
case.
They
have
any
questions.
I
could
definitely
do
that
so
from
from
there,
of
course,
we
would.
C
We
would
probably
require
two
different
council
meetings
after
that,
just
for
to
make
sure
that,
like
we
bring
on
board,
I
would
want
to
bring
on
board
my
staff
to
make
sure
that
we're
ready
to
transition,
so
maybe
two
more
meetings
in
in
april,
and
then
we
can
talk
about
once.
We
have
all
that
we
can
talk
about
next
steps
on
on
giving
notice
to
to
capstone.