AI- 22015
15.B.
CC REGULAR
- Meeting Date:
- 07/20/2010
- Submitted For:
- Frank Martinez
- 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 Texas Department of Rural Affairs.
Fiscal Impact
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Budget and Management | Erika Zamora | 07/14/2010 11:03 AM |
| Auditor's Office | 07/16/2010 05:18 PM |
- Form Started By:
- ewebber
- Started On:
- 07/14/2010 08:38 AM
- Final Approval Date:
- 07/16/2010