Regular Joint Meeting of the PHRC Board of Directors

20 December 2017, 7:30pm – 8:00pm

5300 East Paisano
El Paso, TX 79905

Meeting Agenda

Regular Meeting of the PHRC Board of Directors

December 20, 217, 7:30 pm - 8:00 pm

5300 East Paisano Drive

El Paso, TX 79905

Meeting Agenda

Take notice that a joint regular meeting of the Board of Directors of (1) Paisano Housing Redevelopment Corporation: (2) EP RAD-2 PFC; (3) EP RAD-3 PFC; (4) Affordable Housing Ventures, Inc.; and (5) Affordable Housing Acquisition Will be held at 5300 E. Paisano Dr. El Paso, Texas, 79905 Wednesday, December 20, 2017 Immediately following the Regular Board Meeting of Affordable Housing Enterprises

To consider and possibly act on the following

A.        Preliminary Items

            1.         Call to Order

            2.         Establishment of Quorum

            3.         Approval of minutes of a regular joint meeting that took place on October 25, 2017.

B.        Consent Agenda Items

           There are no consent agenda items scheduled for this meeting.

C.        Regular Agenda:  Items Considered for Action

4.         Discussion and action regarding resolution to make change to fiscal year to a calendar year fiscal year for all affiliates of the Housing Authority of the City of El Paso, Texas.                                                                                    

5.         Discussion and action by the Paisano Housing Redevelopment Corporation Board (“PHRC”) of Directors of a resolution authorizing execution of any and all documents, or take any other action that is necessary or desirable to:   

            1.         Facilitate the development of the Blue Flame Apartments (the “Project”), which consists of affordable housing units and associated amenities to be built upon land ground-leased from the Housing Authority of the City of El Paso (“HACEP”);

             2.        Cause PHRC and/or Paisano-3 Blue Flame, LLC (the “Managing Member”) and/or Paisano Blue Flame GP, LLC (the “General Partner”) and/or EP Blue Flame, LP (the “Partnership”) to enter into financing for the acquisition of the Project; and

           3.         Cause PHRC, Managing Member, General Partner and/or the Partnership,    as applicable, to execute any such further documentation as necessary or           desirable to allow the consummation of the transactions. 

6.         Discussion and action by the EP RAD-3, PFC (“PFC”) Board of Directors         regarding resolution authorizing execution of any and all documents, or take any          other action that is necessary or desirable to:                                 

1.         Facilitate the development of the Sun Plaza Apartments (the “Project”), which consists of affordable housing units and associated amenities to be rehabilitated on land ground-leased from the Housing Authority of the City of El Paso (“HACEP”) to EP Sun Plaza, LP (the “Partnership”);

2.         Cause the Partnership to enter into development financing for the Project; and

3.         Cause PFC and/or EPR3 Sun Plaza GP, LLC (the “General Partner”) and/or the Partnership to execute any such further documentation as necessary or desirable to allow the consummation of the transactions.

7.         Discussion and action by the EP RAD-3, PFC (“PFC”) Board of Directors             regarding resolution authorizing execution of any and all documents, or take any          other action that is necessary or desirable to:                                 

1.         Facilitate the development of the Tays North Apartments (the “Project”), which consists of affordable housing units and associated amenities to be rehabilitated on land ground-leased from the Housing Authority of the City of El Paso (“HACEP”) to EP Tays North II, LP (the “Partnership”);

2.         Cause the Partnership to enter into development financing for the Project; and

3.         Cause PFC and/or EPR3 Tays North GP, LLC (the “General Partner”) and/or the Partnership to execute any such further documentation as necessary or desirable to allow the consummation of the transactions.

8.           Discussion and action by the EP RAD-3, PFC (“PFC”) Board of Directors             regarding resolution authorizing execution of any and all documents, or take any          other action that is necessary or desirable to:                                 

1.         Facilitate the development of the Sherman South Apartments (the “Project”), which consists of affordable housing units and associated amenities to be rehabilitated on land ground-leased from the Housing Authority of the City of El Paso (“HACEP”) to EP Sherman South II, LP (the “Partnership”);

2.         Cause the Partnership to enter into development financing for the Project; and

3.         Cause PFC and/or EPR3 Sherman South GP, LLC (the “General Partner”)         and/or the Partnership to execute any such further documentation as       necessary or desirable to allow the consummation of the transactions.

D.        Executive (Closed) Session

Although there is no executive or closed session planned for this meeting, the Board of Directors reserves its right to go into executive session, or a closed private session, to take up any items on or related to this agenda that may be appropriately taken up in executive session pursuant to the Texas Open Meetings Act, Texas Government Code 551.071 to .076, for such matters as consultation with an attorney on a matter covered by attorney-client privilege, to confer regarding threatened or pending litigation, or to confer regarding real estate, personnel, and/or security matters that may be discussed in a closed session.   No action and no votes will be taken in any executive session.

E.        Conclusion of Meeting

9.         Adjournment.

Posting Statement

THIS NOTICE HAS BEEN POSTED AT THE CENTRAL OFFICES OF PAISANO HOUSING REDEVELOPMENT CORPORATION, 5300 EAST PAISANO DRIVE, AND NOTICE HAS BEEN PROVIDED TO THE EL PASO COUNTY CLERK MORE THAN 72 HOURS IN ADVANCE OF THE ABOVE MEETING, AS REQUIRED BY CHAPTER 551 OF THE TEXAS GOVERNMENT CODE.  

Accessibility Notice

UPON PAISANO HOUSING REDEVELOPMENT CORPORATION WILL PROVIDE AUXILIARY AIDS AND SERVICES SUCH AS INTERPRETERS FOR THE HEARING IMPAIRED, READERS, LARGE PRINT OR BRAILLE DOCUMENTS.  THOSE REQUESTING AUXILIARY AIDS OR SERVICES MAY NOTIFY SERGIO VASQUEZ, EQUAL OPORTUNITY COORDINATOR, AT (915) 849-3820, OR SVASQUEZ@HACEP.ORG AT LEAST 48 HOURS PRIOR TO THE MEETING.

SIMULTANEOUS ENGLISH/SPANISH TRANSLATION IS PROVIDED AT ALL REGULAR MEETINGS OF THE BOARD OF DIRECTORS OF PAISANO HOUSING REDEVELOPMENT CORPORATION.

Concealed and Open Carry Handgun/Weapons Notice

PURSUANT TO § 30.06, PENAL CODE, (TRESPASS BY HOLDER LICENSE HOLDER WITH A CONCEALED HANDGUN), A PERSON LICENSED UNDER SUBCHAPTER H, CHAPTER 411, GOVERNMENT CODE (HANDGUN LICENSING LAW), MAY NOT ATTEND THIS MEETING WITH A CONCEALED HANDGUN.

PURSUANT TO § 30.07, PENAL CODE, (TRESPASS BY HOLDER LICENSE HOLDER WITH AN OPENLY CARRIED HANDGUN), A PERSON LICENSED UNDER SUBCHAPTER H, CHAPTER 411, GOVERNMENT CODE (HANDGUN LICENSING LAW), MAY NOT ATTEND THIS MEETING WITH A HANDGUN THAT IS CARRIED OPENLY.

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Housing Authority of the City of El Paso

5300 East Paisano Drive
El Paso, TX 79905
United States

Monday-Friday, 8 a.m. – 5 p.m.

(915) 849-3742

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