Travis County Commissioners Court
February 28, 2012 (Agenda)
Housing Finance Corporation
>> > good afternoon.
let's call to order the Travis County housing corporation.
number 1, approve agreement to issue bonds and other related matters.
good afternoon.
>> good afternoon.
>> yes, this is the item that was on last week and there were a couple of questions about the resolution so you all authorized me to notice notice of public hearing for March 15th which we did publish yesterday but decided to come back for the adoption of the resolution.
I believe I answered the questions related to exactly what the effect of the resolution is, judge, is I don't know if there's any additional questions.
>> miss shields made a recommendation the requesting entity's rep was supposed to try to find an answer to.
>> they've accepted the increase in the affordability.
50% of the units at 80% of a.m.i.
or less.
>> move approval of the resolution in a.
>> second.
>> discussion on the motion?
all in favor?
show -- all in favor?
show Commissioners Eckhardt, Huber, Gomez and yours truly in favor.
Commissioner Davis abstaining.
b, related matters.
anything else?
>> I think that's it.
>> we've got a public hearing scheduled for.
>> 13th of March.
>> at 1:30.
and what is the argosy's rep's name.
>> that was here last week was christina lynn.
>> that's who was here?
>> yes.
>> okay.
move adjournment.
>> second.
>> all in favor?
that passes by unanimous vote.
wait a minute.
>> yeah, one more item.
>> move to reconsider that motion.
>> second.
>> all in favor?
that passes by unanimous vote.
b is consider and take appropriate action on the following, receive update on the reimbursement process for the corporation's neighborhood stabilization program and b, approve three invoices.
>> we haven't updated you on on the process.
Karen and leroy and I met with tkdh members to go line item by line item of the outstanding items they still need for our files and we believe that we're all on the same page and as of right now we have about 75% of those items collected and up loaded on our contract system and we're actively working on getting the remaining 25% and most of those are related to information from lenders who have been unresponsive to letters from calls and emails.
we're still working on tracking those down.
the three invoices that we're looking for approval on payment on are from a lender who has gotten us the required information that we've asked for on I think three of our activities, files, and this is just invoicing him for -- invoices you go for his time pulling that information.
>> avenue and we've got three invoices, each of which is $250 for a total of 750.
>> correct.
>> any questions about them?
move approval of the invoices.
>> second.
>> which means that we authorize payment of them.
discussion?
all in favor?
that passes by unanimous vote.
anything on a, the update?
>> that was pretty much the update.
we've also extended our contract through the end of June.
we are confident about our ability to wrap everything up by then and hopefully the state is confident in their ability to wrap everything up by then as well.
>> so we can give you a pat on the back and encourage you to keep on keeping on.
>> yes, sir.
>> that's what we do.
now I move adjournment.
>> second.
>> all in favor?
that passes by unanimous vote.
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.
Subscribe for updates