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AI - 45507
8.
DRAINAGE DISTRICT
Meeting Date:
07/15/2014
Submitted For:
Lora Briones
Submitted By:
Lora Briones, DRAINAGE DISTRICT
Department:
DRAINAGE DISTRICT

Information

CAPTION

A.   Request for the Board of Directors to take action to approve an Order Approving a Loan from Plains Capital Bank in the amount of $ 406,980.00 for the purchase of 2 Doosan DX255LC Long Reach Excavators at a cost of $203,490.00 each.

B.  Request approval of a Budget Amendment to Recognize the Note Proceeds and appropriate the loan proceeds in the General Fund Maintenance and Operation - Heavy Equipment account number 14-110-433-006-47420.

C.  Approval to Issue a Manual Check to H & V Equipment, Inc. in the amount of $406,980.00 upon receiving proceeds from Plains Capital Bank.

BACKGROUND


Fiscal Impact

Attachments

No file(s) attached.

Form Review

Inbox Reviewed By Date
Budget and Management Debbie Tamez 07/14/2014 09:02 AM
Final Approval Monica Salinas 07/14/2014 10:25 AM
Form Started By:
Lora Briones
Started On:
07/11/2014 05:17 PM
Final Approval Date:
07/14/2014