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From YouTube: 10-12-18 Laredo Housing Finance Corporation
Description
10-12-18 Laredo Housing Finance Corporation
B
B
A
A
But
if
there's
a
aye,
but
nobody
advanced
motion
carries
a
pro
best
percent
clear
timers,
theaters
and
comments
will
be
over
to
the
end
of
the
meeting.
Dismissed
citizens
has
this
precedent
at
this
by
treasurer's
report
financial
update,
another
husband,
finance,
corporation
Kondapalli,
expense
and
awake
of
all
common
food.
So.
B
If
you
look
at
your
welcome
back
to
statements,
we
currently
have
a
beginning
balance
of
a
hundred
two
thousand
five
hundred
fifteen
dollars
and
33
cents
of
there
were
the
interest
rate
deposits
of
one
hundred
seventeen
point.
Seventy
two
in
1274
total
ending
balance
as
of
september
thirtieth
of
a
hundred
two
thousand
eighty
dollars
and
seventy
five
cents.
B
A
Will
make
a
motion
to
approve
us
percent
good
if
we
can
have
a
second
roadsides,
everybody
favor,
say
aye,
but
yeah
ii
motion
carries
two
separate
report.
As
presented
financial
operation
update,
I
kept
some
real
estate
services
with
discussion
of
possible
action
on
hamilton
apartments,
repairs,
improvements,
visas,
operations
and
management.
C
Total
income
for
the
month
was
at
the
ninety
three
thousand
794
budgeted
at
94
0:57
with
an
unfavorable
variance
of
263,
and
this
is
primarily
due
to
higher
rents
getting
built,
and
these
will
be
increased
upon.
Renewals,
total
repair
and
maintenance.
Expense
was
three
thousand
to
fifty
four,
with
the
budgeted
amount
of
three
thousand
three
twenty,
through
with
an
unfavorable
variance
of.
C
At
a
promotion,
actual
expenses
at
$99,
budgeted,
324
labor
will
do
to
miss
money
spent
of
promotions.
In
addition
to
no
referral
fees
paid
out
this
month,
general
and
administrative
at
28,000
522
budgeted
at
2548
with
an
unfavorable
variance
of
3000
374
Behrens
was
due
to
TT
HCA
expects
reflecting
this
month,
however,
budgeted
for
the
month
of
October
total
taxes
and
insurance,
6000
407
budgeted
of
1099
to
within
a
favorable
variance
of
3000
315.
B
C
A
C
Of
50
6070,
one
with
the
unfavorable
variance
of
five
thousand
five,
forty
five
and
it's
all
reflective
of
above
operating
income
at
32,000,
178,
budgeted
at
thirty
seven.
Ninety
eighty
six
with
an
unfavorable
variance
of
five
thousand
eight
zero.
Eight
and
it's
reflective
of
above
owner's
expense
reflects
a
negative
of
122
thousand
0:54,
and
this
is
spec'ing
out
the
red
capital
invoices
that
we
have
discussed.
We
were
going
to
move
out
of
the
expenses
here:
debt
services,
24
thousand
359,
it's
in
line
with
a
budget.
That's
what
we
have
capital
expense.
A
C
B
C
C
C
C
Way:
mm-hmm,
yes,
Oh
on
a
side
note,
it's
not
part
of
the
variance.
We
do
have
jmi
its
gonna
start
working
on
the
down
units.
Frank.
We
had
a
pre-construction
meeting
yesterday,
Frank,
but
proof
they're
thinking
walked
a
couple
of
units
with
them
just
to
see
what
the
issues
were,
that
they
were
going
to
be
it
and
doesn't
make
any
Changez
they're
ready
to
start
unwinding.
They've
already
pulled
their
their
permanent,
hopefully
within
a
few
weeks
for
half
those
units
up
and
going,
and
that
already
has
more.
B
B
B
B
B
B
B
B
C
They've
been
in
there
to
make
a
couple
of
repairs:
they
don't
shut
it
down,
while
they're
doing
the
repairs
but
everybody's
aware
of
it,
and
then
they
bring
it
back
up,
but
other
than
that
I
mean
it's
working.
Fine,
they're,
just
kind
of
updating
everything
making.
Sure
the
ins
and
outs
are
correct.
C
C
And
then
work
on
some
quotes
and
then
well.
We
have
discussed
that
the
board
had
requested.
Maybe
a
letter
to
the.
A
B
A
So
I
will
make
a
motion
to
accept
financial
operation
update
as
presented
pending.
The
question
on
the
budget
may
be
deflected
year-to-date.
You
know
a
second
by
her
own
son,
everybody
favor,
sad
right,
buddy,
again
motion
carries
this
questioning
puzzled
action
regarding
legal
services.
Garcia
we
basically
I
was
chairman.