15.
Commissioners Court - Regular Session
- Meeting Date:
- 08/20/2019
- Title:
- CAHFC Kyle Dacy Apartments
- Submitted For:
- Bill Gravell
- Submitted By:
- Hal Hawes, County Judge
- Department:
- County Judge
- Agenda Category:
- Consent
Information
Agenda Item
Discuss, consider and take appropriate action authorizing the County Judge to execute the General and No Litigation Certificate of Williamson County relating to the Capital Area Housing Finance Corporation’s Multifamily Housing Governmental Note (Kyle Dacy Apartments) Series 2019.
Background
This certificate is required by 1 TX A.D.C. §53.229 and must be submitted to the Attorney General of the State of Texas, who must approve all documentation relating to the Governmental Note prior to its issuance. The certificates sets forth the Williamson County Commissioners Court previously authorized membership in the Capital Area Housing Finance Corporation (“Corporation”); approved the bylaws for the Corporation; has not taken any action to limit the effectiveness of the resolution authorizing the issuance of the Governmental Note or any way affecting the proceedings relating to the issuance of such Governmental Note; has not created any other corporation that currently has the power to make home mortgages or loans to lending institutions; and, to the best knowledge of the governing body, that no litigation exists in any court in any way affecting the existence of the Corporation or seeking to restrain or to enjoin the issuance, sale or delivery of the Governmental Note, or in any way contesting or affecting the validity or enforceability of the Governmental Note or the financing documents to which the Corporation is a party, or contesting in any way the completeness or accuracy of any disclosure document prepared in connection with the issuance of the Governmental Note, or contesting the powers of the Corporation or its authority with respect to the financing documents to which it is a party.
The Governmental Note will not be a debt or liability of the County. The consent being requested herein is only for the purposes of complying with 1 TX A.D.C. §53.229.
The Governmental Note will not be a debt or liability of the County. The consent being requested herein is only for the purposes of complying with 1 TX A.D.C. §53.229.
Fiscal Impact
| From/To | Acct No. | Description | Amount |
|---|
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| County Judge Exec Asst. | Andrea Schiele | 08/13/2019 04:52 PM |
- Form Started By:
- Hal Hawes
- Started On:
- 08/13/2019 02:47 PM
- Final Approval Date:
- 08/13/2019