10/06/2009

HOUSING AUTHORITY OF THE CITY AND COUNTY OF SAN FRANCISCO Minutes of Special Commission Meeting Tuesday, October 06, 2009

440 Turk Street San Francisco, California

A Special meeting of the Housing Authority Commission of the City and County of San Francisco met at 440 Turk Street, San Francisco, California, on Tuesday, October 06, 2009, at 4:00 p.m.

Vice President Gans called the meeting to order at 4:10 p.m.

1.

ROLL CALL PRESENT:

Neola Gans, Vice President George R. Brown, Commissioner Jane Hsu, Commissioner Dwayne Jones, Commissioner (arrived at 4:15pm ) Millard Larkin, Commissioner

NOT PRESENT:

Rev. Amos Brown, President Matthew Schwartz, Commissioner

A quorum was present.

ALSO PRESENT:

2.

Mr. Tim Larsen, Acting General Counsel Mr. Roger Crawford, Acting HR Director

APPROVAL OF AGENDA Before approval of the Agenda, Roger Crawford, Acting Director of Human Resources informed the Commissioners that there was an amendment to the agenda. Public Comments needed to be heard before the administration of the New Business as well as a Report of the Secretary.

Commissioner Larkin motioned to approve the amendment. Commissioner Brown seconded the motion. The amendment was approved unanimously.

Larkin motioned to approve the agenda as amended. Commissioner Brown seconded the motion. The Agenda was approved unanimously.

3.

REPORT OF GENERAL COUNSEL

Commission Meeting Minutes October 06, 2009 Page 2 Mr. Tim Larsen, Acting General Counsel informed the Commission that there was no Closed Session.

During this time Mr. Crawford reported as the Secretary. He informed the Commissioners that Mr. Henry Alvarez, Executive Director was in Washington Dc at the NAHRO conference. He also informed the Commissioners that an email was received from the Board of Supervisors requesting information regarding travel reimbursement for the Commissioners.

4.

PUBLIC COMMENT ON AGENDA ITEMS There were no public comments.

5.

NEW BUSINESS A) ACTION ITEMS [AMEND FISCAL YEAR 2009 OPERATING BUDGET]

This Resolution was presented by David Rosario, Acting Director of Finance. In order to obtain successful conversion to asset management and comply with Stop-Loss regulations SFHA is required to have a Board approved operating budget for each project that reasonably reflects the anticipated revenues and expenses for the project. These project-based budgets must be inclusive of all central office charges, including management fees and fees for centralized services.

SFHA’s initial budget didn’t reflect the centralized service changes that were made during the year. This budget revision will reflect the estimated centralized services revenues and expenses at the project level as well as the COCC. If SFHA complies with Stop-Loss requirements, the Authority will have the subsidy reduction discontinued from $7.2 million to $1.7 million.

Commissioner Jones motioned to approve this Resolution. Commissioner Brown seconded the motion. This Resolution was approved unanimously.

10.

ADJOURNMENT There being no further business to come before the Commission, Commissioner Jones motioned to adjourn the meeting. Commissioner Brown seconded the motion. Vice President Gans adjourned the Special Commission Meeting of October 06, 2009, at 4:20 p.m.

Henry A. Alvarez, Secretary/ Executive Director

Neola Gans, Vice President

Commission Meeting Minutes October 06, 2009 Page 3