February ADFA Board Meeting

Thu, February 15, 2018


Due to a short agenda the February 15, 2018, ADFA Board Meeting is being held by TELEPHONE at 2 p.m.  The call will originate from ADFA Conference Room #1, 900 West Capitol, Little Rock, Arkansas 72201.

The agenda is as follows:

*  Roll call and note of absences

New Business

  1. Request for HOME TBRA funds in an amount not to exceed $273,246.00 to assist approximately 42 low-income households in Pulaski County.
  2. Request for approval of the adoption of the National Housing Trust Fund Manual

Arkansas Department of Corrections ("ADC")  Contract for the construction and equipping of Correction or Prison Facilities between the Arkansas Development Finance Authority and the Arkansas Department of Correction.

Resolution No 1 - A resolution consenting to be the conduit issuer of education facilities as described herein; authorizing the President, in cooperation with the professionals described herein to proceed with matters preliminary to the issuance of approximately $25,000,000 principal amount of Arkansas Development Finance Authority Education Revenue Bonds (LISA Academy Project), to permanently finance the acquisition, construction and equipping of an education facility located in North Little Rock, Arkansas, the appointment of professionals as described herein, the preparation and delivery of a private Placement Agreement; authorizing the placement of the Bonds; and prescribing other matters pertaining thereto. (Presenter: Jack Williams)

ADJOURNMENT:  The next regular meeting of the ADFA Board of Directors is scheduled for Thursday, March 15, 2018, in the second floor (2nd) conference room, 900 West Capitol, Little Rock, AR at 2:00 p.m.