Subject:
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Appointments to the Pinellas County Housing Finance Authority (Board of County Commissioners as a whole).
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Recommended Action:
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Approve two appointments to the Pinellas County Housing Finance Authority (HFA) for terms of four years. These appointments are by the Board of County Commissioners as a whole.
• One appointment will begin on the date of appointment and will expire in four years on March 23, 2030, and one appointment will begin on April 1, 2026 and expire March 30, 2030.
• Current appointees, Mr. Steven B. Baumann and Ms. Robyn Fiel are eligible for reappointment and have reapplied.
• All applicant names can be viewed on the attached ballot.
• The Clerk will disseminate the ballots.
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Background Information:
The Housing Finance Authority is a public body, corporate and political, exercising the public and essential governmental functions set forth in Florida Statutes §§159.601, et seq. and exercises its power to borrow only for the purposes provided for in the statute such as to sue and be sued, own real and personal property, purchase or make commitments to purchase or make loans for such purpose, to borrow money through the issuance of bonds, to make loans to lending institutions under certain terms and conditions, to deposit funds into an account with a lending institution to provide security for the lending institution to make loans to eligible persons, to invest any fund held in reserves or any funds not required for immediate disbursement in property or securities in which lending institutions may legally invest funds subject to their control, to make loans to persons or families who otherwise cannot borrow, to adopt, promulgate, amend or rescind such administrative rules or regulations of policy or procedure as it deems necessarily and administratively feasible, to own, maintain, operate, control and capitalize a limited purpose savings and loan to provide low cost loans, to make loans or grant surplus funds to non-profit corporations, and to do all necessary or appropriate to further its purpose.
The Housing Finance Authority shall be composed of five members appointed by the Board of County Commissioners. The terms of the members shall be four years each. One member shall be designated by the board as chair. Not less than a majority of the members shall be knowledgeable in one of the following fields: labor, finance, or commerce.
Attachments:
HFA Press Release
HFA Board Roster
Applications/Resumes
Ballot
Partner(s):
Kathryn Driver, Executive Director, Pinellas County Housing Finance Authority