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File #: 19-2684   
Type: Procedural
In control: City Council A Session
On agenda: 3/21/2019
Posting Language: Resolution of the Board of Directors of the City of San Antonio, Texas Education Facilities Corporation Approving and Authorizing the Execution of an Amendment to a Loan Agreement by and Among the City of San Antonio, Texas Education Facilities Corporation, the University of the Incarnate Word, and DNT Asset Trust, a Delaware Business Trust and Wholly Owned Subsidiary of JPMorgan Chase Bank, N.A., for the Purpose of Modifying the Principal Repayment Schedule at the Request of the University
Attachments: 1. FIF 19-2511, 2. Draft Resolution - Corp Approving Reso - 2019 Amendments to 2016 UIW Loan Agreement w BofA-.._, 3. Draft Resolution - Corp Approving Reso - 2019 Amendments to 2015 UIW Loan Agreement w JPMor.._, 4. Draft Resoltuion - City Approving Reso - 2019 Amendments to 2015 UIW Loan Financing w JPMor.._, 5. Draft Resolution - City Approving Reso - 2019 Amendments to 2016 UIW Loan Financing w BofA-.._, 6. Resolution EFC-2019-03-21-0001R
Related files: 19-2511, 19-2685, 19-2686, 19-2687
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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DEPARTMENT: Finance


DEPARTMENT HEAD: Troy Elliott


COUNCIL DISTRICTS IMPACTED: City-wide


SUBJECT:

Resolutions Authorizing the Financial Restructuring of Two Loans Provided to Finance Certain Educational and Housing Facilities for the University of the Incarnate Word


SUMMARY:

Consideration of the following in connection with the Financial Restructuring of Two Loans Provided to Finance Certain Educational and Housing Facilities for the University of the Incarnate Word:

Items to be considered by the Board of Directors of the City of San Antonio, Texas Education Facilities Corporation:

Resolution of the Board of Directors of the City of San Antonio, Texas Education Facilities Corporation Approving and Authorizing the Execution of an Amendment to a Loan Agreement by and Among the City of San Antonio, Texas Education Facilities Corporation, the University of the Incarnate Word, and DNT Asset Trust, a Delaware Business Trust and Wholly Owned Subsidiary of JPMorgan Chase Bank, N.A., for the Purpose of Modifying the Principal Repayment Schedule at the Request of the University

Resolution of the Board of Directors of the City of San Antonio, Texas Education Facilities Corporation Approving and Authorizing the Execution of an Amendment to a Loan Agreement by and Among the City of San Antonio, Texas Education Facilities Corporation, the University of the Incarnate Word, and Banc of America Public Capital Corp., an Affiliate of Bank of America, N.A., N.A., for the Purpose of Modifying the Principal Repayment Schedule at the Request of the University

Items to be considered by the City Council of San Antonio:

Resolution Approving, for Purposes of Section 147(f) of the Internal Revenue Code, the Restructuring of Principal Payments in Connection with a Tax-Exempt Loan Provided in 2015 Through the City of San Antonio, Texas Education Facilities Corporation to the University of the Incarnate Word by DNT Asset Trust, a Delaware Business Trust and Wholly Owned...

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