AI- 39728
Urban County 14.A.
CC REGULAR
- Meeting Date:
- 07/23/2013
- Submitted For:
- Frank Martinez
- Submitted By:
- Mary Flores, URBAN COUNTY
- Department:
- URBAN COUNTY
Information
CAPTION
Resolution authorizing a $500,000 Revolving Line of Credit with Lone Star National Bank of Mcallen for the Urban County Program with authority for the UCP to draw from such line of credit.
BACKGROUND
Urban County Program is requesting approval to enter into a $ 500,000 Line of Credit with Lone Star National Bank. 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, Texas Department of Agriculture and/or Texas General Land Office.
Fiscal Impact
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Budget and Management | Obdett Calzada | 07/16/2013 02:44 PM |
| Purchasing / Internal | Monica Salinas | 07/19/2013 05:24 PM |
- Form Started By:
- Melissa Flores
- Started On:
- 07/16/2013 01:45 PM
- Final Approval Date:
- 07/19/2013