HomeMy WebLinkAboutM1987-0092 - 03/05/1987•
• Motions - 03/05/87 •
•
28.
Approving the recommendation of the Corpus Christi
Housing Finance
Corporation.
1.
Escrow for Single Family Rehab and Housing Production
a. Insurance Reserve Fund (interest drawn on a
semi - annual basis and principal drawn upon
negotiation): $1,067,025
b. 1985 Capital Appreciation Bonds (maturing
in 2012, maturity value $9.930 million)
present value approximately: 6402403
$1,707,428
2.
Housing Production
200,000
3.
Botanical Gardens Water Service
100,000
4
Improvements to C. C. Beach for Water Theme Park
100,000
5.
Purchase of Land to Expand Heritage Park
250,000
6.
Art Area within Heritage Park
250,000
7.
Architectural and Engineering Plans for Museum Expansion
100,000
8.
Architectural and Engineering Plans for Texas State Aquarium 500,000
9.
Support for Peoples Street T -Read Project
500,000
10.
Packery Channel Economic Impact Study
45,000
11.
Downtown Revitalization Efforts (planning, implementation
and
marketing strategies)
100,000
12.
Additional Airport Improvements
100,000
13.
Available for Council Priorities and Allocations
225,000
14.
Immigration Research Project at Corpus Christi State
University
___252000
$4,202,428
M87 -0092