Columbus, Georgia

THE HOUSING AUTHORITY OF COLUMBUS, GEORGIA

SPECIAL MEETING

JANUARY 13, 2005

4:00 P.M.



The Commissioners of the Housing Authority of Columbus, Georgia met in

Special Meeting in Columbus, Georgia at the offices of the Authority. The

meeting was called by the Chairman, and the required notice of the meeting was

duly given in the form of notice hereto attached as ?Exhibit A?.



Chairman Douglass called the meeting to order and on roll call the

following Commissioners answered present.



Franklin Douglass

Larry Cardin

Wade Tomlinson

Ruhnell Bankston

Roxanna Campbell



The following Commissioners were absent.



Emilia Troche

Sharon Douglas



In attendance from the Housing Authority staff were J. Len Williams,

Executive Director, Chris Butzon, Director of Technical Services, and Carole

Ravenhill, Executive Assistant. Also present were Authority Attorneys W. M.

Page and James C. Clark, Jr.; Attorney Ed Sprouse.



INVOCATION



Chairman Douglass asked all present to observe a moment of silence to

reflect on the state of our country and recent tragic events worldwide.





CONSIDER ADOPTION OF RESOLUTION FOR BOND REFUNDING:



Chairman Douglass turned the meeting over to Attorney Ed Sprouse who explained

to the Board the reasons for the re-funding request.



The following Resolution was introduced and duly considered:



RESOLUTION NO. 2953



A RESOLUTION OF THE HOUSING AUTHORITY OF

COLUMBUS, GEORGIA AUTHORIZING, INTER ALIA,

THE ISSUANCE OF UP TO $4,450,000 IN AGGREGATE PRINCIPAL

AMOUNT OF HOUSING AUTHORITY OF COLUMBUS, GEORGIA

MULTILFAMILY HOUSING REVENUE REFUNDING BONDS

(QUAIL RIDGE PROJECT), SERIES 2005



(The original of this Resolution is filed in the Resolutions Binder.)



Following discussion, upon motion made by Vice Chairman Cardin and

seconded by Commissioner Campbell, the Resolution was adopted unanimously.



EXECUTIVE SESSION:



No further business remaining, Chairman Douglass requested that the meeting be

closed for discussion of pending litigation and real estate matters in

Executive Session.



Motion for such closure of the meeting was made by Vice Chairman

Cardin, seconded by Commissioner Tomlinson, and duly carried with all

Commissioners present voting affirmatively.



Thereupon, all persons except said Commissioners, Executive Director Williams,

Director Butzon, and Attorneys Page and Clark retired from the room and the

doors were closed. The meeting proceeded in closed session for approximately

25 minutes. The Chairman?s affidavit regarding the closed session is filed with

these Minutes as required by law.





OPEN MEETING RESUMED:



Upon conclusion of the closed session, the Board reconvened into

regular session and the doors were opened to the public.



In open meeting, upon motion made by Vice-Chairman Cardin, seconded by

Commissioner Campbell and unanimously carried, the Authority was authorized to

proceed with the settlement of the Walker litigation.



Upon motion made by Vice Chairman Cardin, seconded by Commissioner

Tomlinson and unanimously carried, the Authority was authorized to proceed with

the purchase of certain real estate.



There being no further business, the meeting was adjourned.











__________________________________

Franklin Douglass, Chairman







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J. Len Williams, Secretary-Treasurer