Return to Minutes Index

FLORIDA ASSOCIATION OF LOCAL HOUSING FINANCE AUTHORITIES ANNUAL MEETING

Minutes of meeting held July 12, 2006

Present: Gordon Jernigan, President Angela Abbott, Vice President Walt Ferguson, Treasurer/Secretary W.D. Morris, Board Member Patricia Braynon, Board Member John Kopelousos, Board Member Rodney Fischer, Board Member Karen Sindel, Executive Director

Others participating: Ray Popkin, RBC Dain Rauscher Rich Pierro, Manatee County HFA

The Florida Association of Local Housing Finance Authorities held their annual meeting at the Hilton Key West Marina, Dewey Board Room, Key West, FL on this 12th day of July, 2006. Mr. Jernigan called the meeting to order at 4:02 p.m. at which time he determined a quorum of the Board was present. The first item on the agenda was the approval of the minutes of the April 13, 2006 quarterly meeting. A motion was made by Mr. Kopelousos, seconded by Mr. Morris and unanimously approved by the Board to accept the minutes as presented. Ms. Abbott then presented the nominating committee's report. This slate of officers will be presented and voted on during the General Session on July 13, 2006. Mr. Morris moved for approval of the slate, Mr. Kopelousos seconded the motion and it was approved unanimously. The slate will remain the same as for the previous year. The Key West Conference followed. The final agenda was reviewed and approved. Ms. Sindel then presented the Board with a list of all attendees as well as an updated list of sponsors for the 2006 conference. At this time, Ms. Sindel then reviewed the new sponsorship recognition items that will be new to the conference. These include gift bags with a bottle of wine, sponsor banners, table decorations and a much updated program. This year's program will also have the 2005-2006 Membership Directory incorporated into it. Mr. Popkin also noted that this year's conference is not being attended by any developers and issuers and Board members will need to play a more active role in recruiting sponsors for the 2007 event. Ms. Sindel reported that we did not reach our goal for sponsorship this year. Mr. Kopelousos noted that the Board should not be too concerned as the past few years have been very tough on the companies who usually provide sponsorship funding for the conference. Ms. Sindel reported that the Dine Around signups have gone well and reminded all of the hosts to close the bar at 8:00 p.m. Mr. Jernigan thanked RBC Dain Rauscher for allowing Mr. Popkin and Ms. Debra Dangler for working so hard on the conference. Both Mr. Popkin and Ms. Dangler spend countless hours during and after work hours assisting with the FLALHFA conference. Mr. Jernigan asked that a date be set for the Key West wrap up meeting. After much discussion, it was decided that this meeting will take place in conjunction with the fall quarterly Board meeting to be held in October 2006.Ms. Abbott then noted that this conference will once again provided continuing education credits/certification for CPAs and lawyers. Ms. Braynon then discussed that NALHFA had a great strategic planning session titled "What is Our Future." Mr. Kopelousos stated that the FLALHFA Board of Directors should also consider having the same planning session and even hire the facilitator used by NALHFA. Topics to be considered: who are we; what are we; how do we change with the changing times; and what are the original goals of FLALHFA and are we meeting these goals. If a strategic planning session is held, there needs to actually be a plan of action developed out of that session. Mr. Fischer mentioned that FLALHFA is providing homes for Floridians and that their stories need to be shared. Mr. Popkin noted that in the past 5 years, Capital Trust has issued more bonds than anyone else is Florida. At this time, Mr. Ferguson provided the current financial report: AmSouth Checking            $123,969.79 AmSouth Money Market    $105,196.66 Bank of Pensacola CD       $103,121.71 Gulf Coast Bank CD           $82,120.12 TOTAL                              $414,145.28 There being no further business the meeting was adjourned at 5:05 p.m.

Return to Minutes Index