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Board packet documents prior Feb. 4 authorization to open Wyoming CLASS accounts and Feb. 11 approval of Snow King partnership amendment
Summary
Packet includes Feb. 4 minutes recording a unanimous vote authorizing staff to open Wyoming CLASS and Meridian Trust accounts and Feb. 11 special meeting minutes recording unanimous approval of a revised Fourth Amendment and Restated Partnership Agreement for Jackson Karns Hillside Associates (Snow King Apartments).
The meeting packet reproduces board minutes from recent meetings. Feb. 4 minutes show Board Chair Annie Kent Droppert moved and Board Member Sarah Koznek seconded a motion to approve investing in a Certificate of Deposit and Wyoming CLASS and to authorize Housing Manager Stacy Stoker to open Wyoming CLASS and Meridian Trust Federal Credit Union accounts in accordance with the Authority’s investment policy; the motion passed unanimously. Feb. 11 special meeting minutes record that the board unanimously approved the February 2026 version of the Fourth Amendment and Restated Partnership Agreement of Jackson Karns Hillside Associates concerning Snow King Apartments.
These prior actions are included in the March 11 packet for context as staff seeks formal adoption of the Wyoming CLASS Indenture and records other ongoing program items. The March 11 excerpt does not record additional votes on those items; the packet is explicit about the earlier unanimous approvals documented in Feb. minutes.
