================================================================================
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of November, 2007
Commission File Number: 001-33356
Gafisa S.A.
(Translation of registrant's name into English)
Av. Nacoes Unidas No. 4777, 9th floor
Sao Paulo, SP, 05477-000
Federative Republic of Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F:
Form 20-F |X| Form 40-F |_|
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1):
Yes |_| No |X|
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):
Yes |_| No |X|
Indicate by check mark whether by furnishing the information contained in this
Form, the Registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes |_| No |X|
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): N/A
================================================================================
GAFISA S.A.
CNPJ/MF No. 01.545.826/0001-07
NIRE 35.300.147.952
Publicly-Held Company
CVM No. 01610-1
Meeting of the Board of Directors
held on November 6, 2007 - Minutes No. 131
1. DATE, TIME AND VENUE: At the headquarters of Gafisa S.A., located on Av.
das Nacoes Unidas, 4.777, 9(0) floor, Sao Paulo, SP, CEP 054777-000 (the
"Company"), on November 6, 2007, at 10:00 a.m.
2. CALL NOTICE AND ATTENDANCE: The members of the Board of Directors were
regularly summoned. All members attended the meeting, except per Mr.
Renato de Albuquerque, that participates by conference call, as expressly
authorized by the Company's bylaws, instatement and approval quorum were
verified.
3. PRESIDING BOARD: Chairman: Gary Robert Garrabrant - Secretary: Doter
Karamm Junior.
4. RESOLUTIONS: The following was unanimously resolved by the members of the
board of directors without any reservations:
4.1. To record the resignation of Mr. Brian Deveraux O'Neill of the position of
a member of the Company's Board of Directors, to which he was appointed on
August 27, 2007 by the Board members on the meeting dated on August 27,
2007. The Company appreciates all services rendered and grants him the
most full and unlimited release.
4.2. To authorize, under article 2 of the Company's bylaws, (i) the change of
Company's headquarters' address from Av. Nacoes Unidas, 4.777, 9th floor,
Sao Paulo, SP, CEP 054777-000 to Av. das Nacoes Unidas, 8501, 19th floor,
Pinheiros, Sao Paulo-SP - CEP 05425-070, on the date to be defined by the
Board of Officers; and (ii) the creation of a new branch of the Company in
Joao Pessoa, State of Paraiba, at Av. Esperanca, 976 (part), Manaira, CEP
58038-281.
4.3. To approve, under article 21, item "r", of the Company's bylaws, the
execution of the Lease Agreement with Dueto Participacoes Ltda. (CNPJ/MF
No. 04.047.800/0001-19) for setting up the Company's new headquarters for
a 10-year term and for the amount of R$176.000,00 by month, which will be
adjusted by the Indice Geral de Precos - IGP-M, provided by Fundacao
Getulio Vargas.
4.4. To approve the formalization and inclusion of Mr. Newman Cardoso do Amaral
Brito, a Brazilian citizen, married, business administrator, bearer of
I.D. No. 9.429.275-9 - SSP/SP, enrolled with CPF/MF under No.
089.534.268-55, into the Stock Option Program of 2007, launched by the
Board of Directors on the meeting dated on February 09, 2007, and the
granting of the call option of 80,000 common shares to be issued by the
Company, all that in accordance with the Company's Stock Option Plan
approved by the Company's Shareholders General Meeting of February 3,
2006.
4.5. To authorize the Board of Officer of the Company to take all the necessary
measures to implement the resolutions taken herein.
5. CLOSING: As there were no further issues to be addressed, the meeting was
suspended for the time necessary to draw up these minutes, which, after
the session restarted, was read, found in appropriate terms, approved and
executed by the board members in attendance.
I certify that this is a true copy of the minutes drawn on the
respective corporate book.
Sao Paulo, November 6, 2007
Doter Karamm Junior
Secretary