Broward County Commission Regular Meeting
Director's Name: Leonard Vialpando
Department: Resilient Environment Division: Housing Finance Division
Information
Requested Action
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MOTION TO ADOPT Resolution, the title of which is as follows:
Resolution of the Board of County Commissioners of Broward County, Florida, approving and authorizing the execution of the Agreement between the Housing Finance Authority of Broward County, Florida ("HFA") and Zomermaand Financial Advisory Services, L.L.C., for Financial Advisory Services ("Agreement"); authorizing the proper officers of the HFA to execute all other documents and do all things necessary or advisable in connection with entering into the Agreement; and providing for severability and an effective date.
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Why Action is Necessary
Formal Board approval is necessary for the adoption of a Resolution and Broward County Ordinance No. 79-41 requires that the HFA obtain Board approval prior to entering into contracts.
What Action Accomplishes
Enables the adoption of the Resolution.
Goal Related Icon(s)
?County Commission
?Go Green
?MAP Broward
Previous Action Taken
None taken.
Summary Explanation/Background
THE RESILIENT ENVIRONMENT DEPARTMENT AND THE HOUSING FINANCE DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTION.
This item supports the Goal of the Broward County Board of County Commissioner's ("Board") of "ensuring residents have an affordable place to live by offering sustainable, compatible, innovative, accessible, affordable housing options for all income levels, including integrated, permanent supportive housing and zoning that helps residents build equity."
On February 21, 2024, the governing board of the Housing Finance Authority of Broward County, Florida ("HFA") approved the publishing of the notice and timeline to entertain responses from firms interested in providing financial advisory services for the HFA's single family and multifamily mortgage revenue bonds and the HFA's...
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