Board of Directors Regular Meeting Agenda


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Meeting Date: 07/17/2014  

SUBJECT MATTER:
Receive, consider and act upon a resolution regarding the expansion and remodeling of the facilities for the Montgomery Central Appraisal District;
FISCAL IMPACT:
This project is proposed to be financed by borrowing and the allocated cost to the Township of this new financing is projected to be $16,535.
BACKGROUND:
The Board of Directors of the Montgomery County Appraisal District had authorized the expansion and remodeling of facilities of the appraisal district subject to approval by the governing bodies of three- fourths of the taxing units entitled to vote on the appointment of board members. The proposal by the appraisal district is to build an addition to its existing building, remodel the existing building and construct additional parking at an estimated cost of $4,000,000. This project is proposed to be financed by borrowing and the allocated cost to the Township of this new financing is projected to be $16,535.
RECOMMENDATION:
As determined by the Board/draft resolution attached.
Attachments
MCAD Proposed Res
Propopsed MCAD Res
MCAD Fees


    

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