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Commissioners ratify amended El Paso County Housing Finance Corporation bylaws
Summary
The Commissioner's Court ratified amended bylaws for the El Paso County Housing Finance Corporation (HFC), clarifying board composition, authorization for expenditures and reimbursement for county attorney services.
Assistant County Attorney Anna Schumacher briefed the court April 21 on housekeeping amendments recently adopted by the El Paso County Housing Finance Corporation (HFC) and asked the court to ratify those bylaw changes.
Schumacher said amendments authorize the HFC to make expenditures permitted by law, better define "residential development" for tax-exemption purposes, clarify that the HFC is a public instrumentality rather…
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