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
| From/To | Acct No. | Description | Amount |
|---|
Attachments
- Resolution for Hill County Christian School Loan
- Certificate of Public Hearing Hill Country Christian School Loan
- Resolution for Hill County Christian School Loan
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