Legislation Details

File #: R13765    Version: 0
Type: Housing Authority Resolution Status: In Commission
File created: 5/15/2026 In control: HOUSING AUTHORITY
On agenda: Final action:
Effective date:    
Title: Resolution designating and authorizing the following staff to sign documents including as signatories to bank accounts on behalf of the Housing Authority of the City of Milwaukee (HACM) related to various LLCs where HACM holds ownership interest
Sponsors: THE CHAIR
Attachments: 1. Signatories to bank accounts and LLCs - EXHIBIT A and B
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Number

R13765

 

Version

Original

 

Reference

 

Sponsor

The Chair

 

Title

Resolution designating and authorizing the following staff to sign documents including as signatories to bank accounts on behalf of the Housing Authority of the City of Milwaukee (HACM) related to various LLCs where HACM holds ownership interest

Analysis

 

Body

WHEREAS, the Housing Authority of the City of Milwaukee (“HACM”) is the sole member and manager (“Manager”) of any Wisconsin limited liability companies listed in the first column of the attached Exhibit B; and,

 

WHEREAS, the Manager identified in first column of the attached Exhibit B is the general partner/managing member of the respective Wisconsin limited liability company (“Company”) listed in the second column of the attached Exhibit B in partnership with different limited partners (“Investors”); and,

 

WHEREAS, “HACM”, “Manager”, “Company” and “Investors” have entered into Operating Partnership Agreements and related Project Documents (“Documents”) in connection with the ownership and operation of Low-Income Housing Tax Credit developments identified in the attached Exhibit B; and,

 

WHEREAS, management has also recommended that additional signatories are needed to the various bank and financial institutions’ savings, current/checking, certificates of deposits, loan documents and any financial accounts or instruments maintained in such banks or financial institutions; and,

 

WHEREAS, some members of management who are current signatories needs to be updated and/or deleted as authorized signatories; and,

 

WHEREAS, the Board of Commissioners of the Housing Authority of the City of Milwaukee (HACM) are authorized and empowered to designate and certify the names and titles of approved signatories to the “Documents” and various bank and financial institutions’ accounts, documents or instruments; and,

 

WHEREAS, the following are titles, names and genuine signatures of duly qualified and approved signees of HACM authorized by this resolution; and

 

 

AUTHORIZED DESIGNEES:

Name                     Title/Position/Status                     Signature

 

Charlotte Hayslett                     Board Chair - HACM                     _________________

 

Karen Gotzler                     Vice Chair - HACM                     _________________

 

Harold S. Ince, Jr.                     Secretary-Executive Director                     _________________

 

Kenneth Barbeau                      Chief Operating Officer - 

                     Program Services                     _________________

 

 

NOW, THEREFORE, BE IT RESOLVED, by the Commissioners of the Housing Authority of the City of Milwaukee that the above designees are hereby approved, authorized and directed to act on behalf of the organization and delegate their authority as appropriate, to execute and sign any Documents, and proceed with the implementation of any such Documents in HACM’s name, including the “Written Consent of the Member and Manager/General Partner Establishing Authorized Signatories to the Companies Bank Accounts” (Attached Exhibit A) and be it

 

FURTHER RESOLVED, that all acts previously performed, relative to this matter, by the Authority’s Board, the Secretary-Executive Director and Chief Operating Officer - Program Services of the Authority, are hereby approved, ratified and confirmed in all respects; and be it

 

FURTHER RESOLVED, that the Secretary-Executive Director of the Authority or his designee, is hereby authorized, empowered and directed to take any and all such action on behalf of the Authority in its own capacity, as applicable; and be it

 

FURTHER RESOLVED, that the Secretary-Executive Director of the Authority or his designee, is hereby authorized, empowered, and directed to take such further action on behalf of the Authority as they deem necessary to effectuate the foregoing.

 

 

Exhibit:

1.                     Exhibit A -   Written consent of the member and manager/general partner establishing authorized signatories to the Companies bank accounts

2.                     Exhibit B -   List of Managers and Companies of LLCs in which the Housing Authority of the City of Milwaukee is the sole member and manager

 

Requestor

 

Drafter

Housing Management May 8, 2026