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Travis County Commissioners Court

December 12, 2006
Housing Finance Corporation

View captioned video.

Let's call to order the Travis County housing finance corporation, first item to consider and take appropriate action on request to approve a plan to advertise the selected consultant for the Texas department of housing and community affairs grant for home buyer assistance.

>> we have done this before, right?

>> good evening, my name is mike zolis,

>> [indiscernible] for the corporation. The

>> [papers shuffling - audio interference] approval for the board to do an r.f.p. To get a consultant on board for our regionally awarded home grant. You all remember a couple of months ago we were awarded $208,000 of home grant money to do down payment assistance for 25 home buyers. One of the requirements is that the consultant be selected by open competition and consistent with --

>> move approval.

>> second.

>> discussion? All in favor? That passes by unanimous vote. With director Sonleitner absent. Number 2 is to consider and take appropriate action on request to approve two invoices from consumer credit counseling services. Are both of these in order?

>> they are both in order. It's for 7 $50 for -- $750 for 10 families for --

>> move approval.

>> discussion? All in favor? That passes by unanimous vote. Three, consider and take appropriate action on transfer of travis station apartments.

>> good afternoon, this is very technical, the owner of the property is being merged into its parent. Technically that requires our consent under the document. But the same people -- an affiliate will own the property, the same people will manage and operate it. I don't see any problem with that.

>> move approval.

>> second.

>> discussion? All in favor? Passes unanimously. Number 4, consider and take appropriate action on transfer of funds issued to finance westchester woods apartment.

>> very briefly, it's unusual for us to have to do that, but wachovia now owns the bond. There's a provision that requires our approval for that trans from her from wachovia, being transferred from enc or merrill lynch, bath large sophisticated institutions. See in problem with this request either.

>> move approval.

>> second.

>> discussion? All in favor, that passes by unanimous vote.

>> move adjourn.

>> second.

>> all in favor? That passes unanimously, too.


The Closed Caption log for this Commissioners Court agenda item is provided by Travis County Internet Services. Since this file is derived from the Closed Captions created during live cablecasts, there are occasional spelling and grammatical errors. This Closed Caption log is not an official record the Commissioners Court Meeting and cannot be relied on for official purposes. For official records please contact the County Clerk at (512) 854-4722.


Last Modified: Wednesday, December 13, 2006 10:35 AM