Minutes of a Regular and Partnership Meeting

MINUTES OF A REGULAR AND PARTNERSHIP MEETING

OF THE BOARD OF DIRECTORS OF

EP RAD-3 PFC; EPR3 FATHER PINTO GP, LLC; EPR3 ROBINSON FOUR GP, LLC;

EPR3 MOREHEAD-BAINES GP, LLC; AND EPR3 RIO GRANDE THREE GP, LLC

WEDNESDAY, OCTOBER 28, 2015

Item # 1. Call To Order. The Chairperson called the meeting to order at 6:15 p.m.

Item # 2. Establishment of a Quorum.

PRESENT: Burt Blacksher, Presiding; Directors Eileen Karlsruher, Francisco Ortega, Anna

Perez and Lupita Licerio. Director Blacksher declared a quorum with all Directors present.

ALSO PRESENT: Gerald Cichon, Chief Executive Officer; Bob Blumenfeld, HACEP Attorney;

Arthur Provenghi, Corporate Attorney; Donna Clarke, Chief Operations Officer; Satish Bhaskar,

Chief Financial Officer; William Zeigler, Chief Human Resources Officer; Daniel Cantu, Chief

Information Technology Officer; Hector Montoya, HAC General Manager; Ed Gill, Director of

Construction; Roman Velasquez, Director of Housing Programs; Frank Cota, RAD Project Team

Lead; Juan Pulido, Procurement Manager; Danny Malone, Process Improvement Specialist; Dale

Goerner, Assistant Director of Construction; Sergio Enriquez, Public Information Officer; Oscar

Arriaga, Public Information Specialist; Patricia Quintanilla and Aracely Saenz, Executive

Secretaries.

1 Item # 3. Approval of Minutes of a Regular and Partnership Meeting Held on September

23, 2015. Director Licerio made a motion to approve item # 3. It was seconded by Director

Perez. Motion carried unanimously.

Item # 4. Discussion and Action to Approve the Formation and Organization of, or

Conversion of an Existing Unused LLC Into, EPR 3 RIO GRANDE THREE GP, LLC for the RAD Conversion of the Following Communities: (1) Rio Grande, (2) Graham, and (3)

Williams. Attorney Blumenfeld said that this meeting is a consolidated on a number of entities.

Under item # 4, we are requesting the Board’s authorization to convert an existing entity that we are not using and turn it into the Rio Grande Three GP, LLC.

Director Ortega made a motion to approve Resolution No. 006 under item # 4. It was seconded by Director Perez. Motion carried unanimously.

Item # 5. Discussion and Action to Rename EPR3 ROBINSON FOUR GP, LLC to EPR3

ROBINSON GP, LLC for the RAD Conversion of the Robinson Community. Attorney

Blumenfeld said that under item # 5, we are requesting authorization to rename Robinson 4 by removing the “4” from the name.

Director Karlsruher made a motion to approve Resolution No. 007 under item # 5. It was seconded by Director Licerio. Motion carried unanimously.

2 Item # 6. Discussion and Action to Approve the Formation of EP ROBINSON, LP as a

Partnership Between EPR3 Robinson GP, LLC as General Partner and Affordable

Housing Ventures, Inc. as Limited Partner. Attorney Blumenfeld said that under item # 6, we are requesting the approval of the creation of a partnership with Affordable Housing Ventures,

Inc. for financing purposes.

Director Ortega made a motion to approve Resolution No. 008 under item # 6. It was seconded by Director Perez. Motion carried unanimously.

Item # 7. Adjournment.

There being no further business to be discussed before the Board, Director Karlsruher made a motion to adjourn. It was seconded by Director Perez. Motion carried unanimously.

The meeting was adjourned at 6:22 p.m.

ATTEST:

______Gerald Cichon Burt Blacksher Secretary Chairperson