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From YouTube: LAREDO HOUSING FINANCE CORPORATION 120821
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LAREDO HOUSING FINANCE CORPORATION 120821
A
B
A
A
C
C
I
know
sonia
had
had
told
you
she
would
bring
you
a
balance
sheet,
she
isn't
present,
but
she
did
give
me
some
balances
that
she
told
me
to
report
to
you
all.
We
do
have
180
491
in
our
replacement
reserve
account
and
then
operating
cash
in
the
bank.
We
have
four
thousand
nine
hundred
and
forty
two
dollars.
C
C
Or
occupancy
one
we're
trending
at
96
right
now
and,
of
course,
rent
increases
by
compliance
on
may
16
that
are
being
being
brought
to
to
that
rent.
As
we
renew
the
renewals
total
repair
and
maintenance,
we
were
over
by
4
304,
and
that
was
we
had
to
order
extra
supplies
for
make
readies
ac
supply
plumbing.
C
So
we
were
over
that
the
month
of
september,
total
monthly
operating
services
was
in
line
with
budget.
We
were
over
by
11
total
utilities.
We
were
positive
by
2000
2960
and
that's
mainly
due
to
the
electricity
being
lowered
in
budgeted
amount,
atom
promotion.
We
were
over
by
992
and
that's
because
we
put
a
lot
of
stuff
a
lot
of
a
lot
of
advertisement
in
place.
We
have
sprout
facebook
postings,
we
have
the
resident
referral
program
in
place,
we
have
apartments.com,
so
we
were
over
general
and
administrative.
C
We
were
positive,
and
that
was
because
we
have
less
overtime
for
our
maintenance
staff
for
weekend
calls,
and
after
our
calls,
emergency
calls
taxes
and
insurance.
We
were
positive
miscellaneous.
We
had
a
resident
leave
with
the
balance
on
account.
The
president
was
in
the
nursing
home
and
then
passed
away,
so
everything
is
reflective
capital.
We
were
over
by
eleven
thousand
sixty
seven
and
the
purchases
included
the
purchase
of
two
tow
trucks
for
trash
disposal.
A
The
requirements
to
start
the
process,
we
had
a
luncheon
with
the
councilman
sigaro
just
to
let
her
know
what
the
plans
are,
and
she
was
very
positive
about
it.
Athena
and
mr
marquez
posted
a
luncheon
for
her,
so
we're
we're
gonna,
try
to
start
the
discussion
and
and
see
how
we
can
transfer
the
asset
at
the
end
of
the
day.
A
D
A
We
have
requested
for
her
to
give
us
a
more
realistic
budget.
Supposedly
this
year's
budget
was
more
realistic,
but
we're
exactly
where
we
were
at
last
year
and
the
previous
year.
So
I
don't
know
what
your
thoughts
are.
If
you
have
any
comments,
but
that's
that's
what
we're
trying
to
do
at
this
time.
C
A
B
B
Now
in
that
in
that
opening
that
item
we
presented
to
you,
which
was
discussed
in
our
beginner
in
one
of
our
last
meetings,
if
not
the
on
the
september
8th
meeting,
I
believe
you
we
remember.
There
was
a
motion
by
the
board
to
ask
our
legal
counsel
to
assist
the
board
in
preparing
a
letter
from
your
board
to
the
city
manager
to
see
what
would
be
our
next
steps
and
possibly
you
know
either
dissolving
or
transferring
over
acids
or
a
little
bit
of
alcohol.
B
So
if
you
see
what
we
provided
you
with
a
letter
that,
if
you
approve
today,
I
could
present
to
city
manager
and
from
there
I
could
bring
you
back
with
city
managers
responses
and,
of
course
that
would
require
some
council
action
as
well,
and
just
so
you
were
aware
we
will
have
council.
The
next
scheduled
council
meeting
is
for
january
january
17.
I
believe
there's
a
meeting
in
january
and
there's
two
in
february.
D
B
B
B
The
only
difference
there
is
that
the
non-profit
was
actually
employed
by
city
employees
so
and
then
they
managed,
of
course,
around
500
back.
Then
it
was
about
560
units
they're
at
611
now,
but
they
were
at
580
units,
and
so
the
board
decided
to
also
because
they
had
similar
projects,
something
like
the
hamilton
that
they
had.
You
know
embarked
on
and.
D
B
D
A
D
D
B
To
it's,
usually,
the
distribution
might
require
two
council
meetings.
So
really
the
first
one
is
for
comments,
and
you
know
public
input
and
then
the
second
would
be
the
final
reading.
So
we
could
definitely
attend
yeah,
and
you
know
we
can
attend
the
first
one,
because
it's
the
intro,
it's
the
one
that
you
know
can
engage
more.
If
someone
has
any
public
comments,
that
would
be
sure.
D
B
A
D
A
C
A
Then
line
item
number
eight,
mr
gonzalez,
just
for
you
to
know
we
just
voted,
but
I
would
still
like
for
you
to
review
the
letter.
Basically,
what
we're
trying
to
do
is
it's
a
letter
to
the
city
manager
to
consider
the
soviet
la
rail
housing
finance
corporation
and
for
the
city
to
take
over
the
hamilton
housing
I
discussed
before.
D
B
Yes,
so
with
what
you
have
in
front
of,
you
is
the
most
recent
statement
that
we've
received.
So
it's
the
october
statement
of
the
october
statement
has
a
beginning
balance
of
85
805
dollars
with
79
cents,
and
your
ending
balance
is
85
857
with
63
cents.
There
was
a
small
deposit
made
of
some
earnings
from
some
outstanding
credits
that
you
still
receive
of
about
44
dollars.