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AI- 4787
8.A.
CC REGULAR
Meeting Date:
07/31/2007
Submitted By:
Estella Webber, URBAN COUNTY
Department:
URBAN COUNTY

Information

CAPTION

Resolution authorizing renewal of a Revolving Line of Credit with First National Bank of Edinburg for the Urban County Program.

BACKGROUND

Urban County Program is requesting approval to renew an existing $ 500,000 Line of Credit with First National Bank of Edinburg. The Purpose of the Line of Credit is to help finance the costs of construction and general administration expenses prior to reimbursement from the Texas Department of Housing and Community Affairs and/or the Office of Rural Community Affairs.

Fiscal Impact

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management Dina Trevino 07/25/2007 08:49 AM
Purchasing / Internal ncavazos 07/25/2007 01:44 PM
Auditor's Office 07/27/2007 04:05 PM
Form Started By:
ewebber
Started On:
07/25/2007 08:16 AM
Final Approval Date:
07/27/2007