AI- 101286
Urban County 14.A.
CC REGULAR AGENDA SPECIAL MTG
- Meeting Date:
- 11/10/2025
- Submitted For:
- Glycera Herrera
- Submitted By:
- Glycera Herrera
- Department:
- URBAN COUNTY
CAPTION
Requesting approval of a resolution authorizing the renewal of a Revolving Line of Credit with Lone Star National Bank of McAllen for the Urban County Program (UCP), with authority for the UCP to draw from such line of credit not to exceed $500,000.00
BACKGROUND
1. Urban County Program is requesting approval to renew Hidalgo County Line of Credit #253774 which is set to mature on 3/7/2026. The purpose of the line of credit is to provide funding for construction and general administration incurred expenses prior to reimbursement from the Texas Department of Housing and Community Affairs, Texas Department of Agriculture, Texas Department of Rural Affairs and/or Texas General Land Office.
Fiscal Impact
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Budget and Management | Veronica Ortiz | 10/22/2025 08:44 AM |
| Final Approval | Monica Salinas | 11/04/2025 04:56 PM |
- Form Started By:
- Glycera Herrera
- Started On:
- 10/22/2025 08:29 AM
- Final Approval Date:
- 11/04/2025