Title
Discuss and consider action regarding approval of a Pflugerville Community Development Corporation (PCDC) resolution for approval of borrowing from First Texas Bank in the amount of 1.3 million dollars for a project of the Pflugerville Community Development Corporation.
Summary
This loan is being made for the finish out of the Tracking Point facility. The item has been included on the agenda to allow for discussion and potential action. This item was approved by the PCDC Board on September 26, 2013.
Deadline for Action
Action is requested on October 22, 2013.
Fiscal Impact
To be determined.
Staff Recommendation
Discuss and take action as appropriate.
Drafter
Floyd Akers
Executive Director