Skip to main content

AgendaQuick™

View Agenda Item

8.
Commissioners Court - Regular Session
Meeting Date:
02/12/2019
Title:
Bonds for Hill Country Christian School of Austin
Submitted For:
Julie Kiley
Submitted By:
Julie Kiley, County Auditor
Department:
County Auditor
Agenda Category:
Consent

Information

Agenda Item

Discuss, consider and take any appropriate action regarding a Resolution approving Orchard Cultural Education Facilities Finance Corporation Bonds, loans and/or obligations for the benefit of Hill Country Christian School of Austin in compliance with Section 147(f) of the Internal Revenue Code (Note: The bonds are not a liability of Williamson County.)

Background

The Loan will be issued for Hill Country Christian School of Austin for the purpose of financing the acquisition, construction, renovation and/or equipping of an approximate 22,187 square foot athletic multipurpose building located at 3400 Hatch Rd, Cedar Park, Texas.  Section 147(f) of the Internal Revenue Code requires that the governmental unit in which the facility is located approve the bonds.  Documentation is attached showing that they have met the requirement of a public hearing following reasonable public notice.  They are not a liability of the County.

Fiscal Impact

Attachments

Form Review

Inbox Reviewed By Date
County Judge Exec Asst. Andrea Schiele 02/07/2019 09:30 AM
Form Started By:
Julie Kiley
Started On:
02/07/2019 08:25 AM
Final Approval Date:
02/07/2019