Agenda

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AI- 51609

Housing Finance Corporation

Meeting Date:	02/07/2022

Submitted By:	Nicole Gillespie
Department:	Administrative Services

Information

Department Action

The new resolution is necessary because the original purchaser of/lender for the governmental note/bonds, Citibank, N.A., identified in the 12/13 resolution, backed out of the deal last week. JPI has been able to secure InterBank to take Citibank’s place as purchaser/lender under the same structure that was approved at the 12/13 meeting. However, because Citibank was specifically identified in the 12/13 meeting, the Attorney General’s Office does not believe the change can be made without Board approval. The new resolution will accomplish that by substituting InterBank for Citibank, and provides that it supersedes and replaces in its entirety the 12/13 resolution.

Purchasing Department Action

HR and/or IT Action

Budget Department Action

Auditor's Office Action

Commissioners Court

Authorizing the issuance, sale and delivery of multifamily housing revenue note (Parmore Anna) series 2021A and series 2021B, Administrative Services.

Budget Information

Information about available funds

Budgeted:

Funds Available:

Adjustment:

Amount Available:

Unbudgeted:

Funds NOT Available:

Amendment:

Account Code(s) for Available Funds
1:

Fund Transfers

Attachments
Court Order 2022-02-02-07
compare - note resolution - parmore anna
Certificate for Resolution
DM-#8164282-v3-note_resolution_-_parmore_anna.DOC
General Certificate