Austin Approves Student Housing Bonds
- The Austin Housing Finance Corporation Board approved a plan to finance a new student housing development.
- Funding for this project will be secured through the issuance of taxable bonds.
- The bonds are specifically designated to cover both the acquisition and necessary improvements for the student housing.
Full Transcript
• MINUTES OF THE AUSTIN HOUSING FINANCE CORPORATION BOARD OF DIRECTOR'S MEETING June 11, 1992 The meeting was called to order at 3:37 p.m. by President Bruce Todd. Present: Bruce Todd, Charles Urdy, Gus Garcia, Bob Larson Absent: Louise Epstein, Max Nofziger, Ronney Reynolds Agenda Item No. One: Approve a resolution authorizing the issuance of taxable bonds to finance the acquisition of and improvements to a student housing development Motion The Board, on Board Member's Urdy's motion, and Board Member Garcia's second, approved resolution on 4-0-0 vote with Reynolds, Nofziger, and Epstein absent Meeting adjourned at 3:42 p.m. 1d/5304