The Court approved a fourth amendment to an existing agreement with HCHA Redevelopment Authority, Inc. and First Met Apartments, LP that shifts money between budget categories — reducing acquisition and management funds and increasing construction funds — keeping the total project budget at $43,956,583 for the First Met Apartments project.
What it means for you
More of the federal disaster recovery funding for the First Met Apartments project will now go toward construction rather than acquisition or management, without changing the overall $43,956,583 budget.
Outcome
A motion was made by Commissioner Garcia, seconded by Commissioner Ellis, that this item be approved. The motion carried by the following vote: (5-0)
How each member voted
Lina Hidalgo (County Judge): AyeRodney Ellis (Commissioner, Precinct 1): AyeAdrian Garcia (Commissioner, Precinct 2): AyeTom S. Ramsey (Commissioner, Precinct 3): AyeLesley Briones (Commissioner, Precinct 4): Aye
5–0, per the official record.