Travis County Commissioners Court
July 5, 2005
Health Facilities Development Corporation
Now let's call to order the capital health facilities development corporation. One item. That is to consider and take appropriate action on the following requests, a, an invoice for services rendered to the island on Lake Travis project, and b is termination and release of deed restrictions related to the island on Lake Travis project.
>> the corporation issued $25 million in bonds for the construction of this apartment complex in 1986. The bonds were repaid last September, and so they have requested release of the deed restrictions. They have submitted all the compliance information. I have confirmed with the trustee that in fact the bonds have been paid off and so I do recommend and also our attorney recommends that it is appropriate to approve the resolution that releases the deed restrictions. I also request permission to issue them an invoice for the time that we have spent on this project, and that invoice amount is $452.90.
>> move approval for both. Discussion? All in favor? That passes by unanimous vote with directors Sonleitner and Daugherty absent.
>> move adjourn.
>> all in favor? That passes by unanimous vote also.
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Last Modified:
Wednesday, July 5, 2005 7:59 PM