ORDER NO. 19541
ADOPTION OF RESOLUTION OF SUPPORT FOR THE
FORMATION OF THE CEN-TEX CERTIFIED
DEVELOPMENT COMPANY
On this the 31st day of May 1990, upon motion made by
Commissioner Morgan, seconded by Commissioner Holekamp, the
Court unaniaously approved the adoption of a resolution of
support for the formation of the CEN-TEX Certified
Development Company.
~.~soLU7tiorr
ORDER N0. 19541
WHEREAS: The creation of the CEN-TEX Certified Development
Company is to strengthen the economic growth of this
county and a 34 county region in the State of Texas;
WHEREAS: The goal of the CEN-TEX CDC is to increase employment,
by providing long-term fixed asset financing for the
expansion and modernization of small businesses in
Central Texas; and
WHEREAS: The objectives of the CEN-TEX CDC are to provide direct
assistance to our area businesses and contribute to the
development of a stable and diverse economy;
NOW THEREFORE, BE IT RESOLVED THAT THE County Commissioners of Kerr
County endorses and supports the formation of the CEN-TEX Certified
Development Company and its objectives.
Signed this 31st day of May 1990.
iutiขe
R. GQIZIJUN MUKI.UHiV/
County Commissioner, Prec,' t #1
County Commissioner,
County Commissioner, Precinct #4
- CITIZEh1S national bank
2123 Sidney Baker at Alpine Drive
P.O. Drawor 1487
Kerrville, i'axas 78029.1487
512-2576565
CITIZENS EXPRESS BANK • 879 JUNCTION HIGHWAY • KERRVIILE, TEXAS • 512.257.4787
May 21, 1990
Judge Danny Edwards, Kerr County
Commissioner Bill Ray, Kerr County
Commissioner Gordon Morgan, Kerr County
/Commissioner Buster Baldwin, Kerr County
Commissioner Glenn Holecamp, Kerr County
Dear Kerr County Officials:
Very shortly, you will be receiving a letter similar to the
one attached requesting your support of the formation of the Cen-
Tex Certified Development Company. Endorsement from you is re-
quested in the form of a resolution or a letter of support. Sam-
ples are attached.
Serving a 34-county area, which comprises the Lower Colorado
River Authority service territory, the Cen-Tex Certified Develop-
ment Company must include evidence of need and support from the
cities and counties constituting the membership of the CDC. These
resolutions or letters must be included in the application being
submitted to the U. S. Small Business Administation for certifica-
tion of the CDC. Legal notices announcing the formation of the
CDC will also soon be appearing in selected newspapers throughout
the 34-county membership area.
Only certified development companies are eligible to partici-
patg in the SBA's 504 Program which fosters economic growth and
job creation by making funds available for fixed asset financing
to include plant acquisition, construction, or expansion and equip-
ment acquisition and installation. Explanatory material outlining
the Certified Development Company Program and giving an overview
of the SBA 504 Program is attached.
The CDC application is being submitted during the first week
in June. Please try to forward your resolution or letter by May
30, 1990, to Cen-Tex Development Company, Inca;, 3700 Lake Austin
Blvd., P. O. Box 220, Austin, Texas 78767. '
Dr. Robbie O. Moses David W. Harwell Allen G. Duncan, Jr.
Chairman and President Senior Vice President Vice r'residentlCashier
Chief ExacuUve Officer
MAY 2 5 fiEC'D
CEN•TEX CERTIFIED DEVELOPMENT COMPANY
Post glfk:e Box 220 + Austin, Texas 78767 + (512) 489853
May 24, 1990
The Honorable Danny R. Edwards
Kerr County Judgge
County Courthouse
Kerrville, Texas 78028
Dear Judge Edwards:
On May 18th, a meeting was held in Austin to form the CEN-TEX Certified Development Company
that will serve 43 counties in Central Texas. The LCRA has offered to provide professional staff
support to our newly created non-profit business assistance organization through its Economic
Industrial Development Program. I am asking for your support for our program and efforts.
The primary role of the CEN-TEX Certified Development Company will be to seek out local
businesses from the 43 county region and offer business expansion assistance by way of the SBA 504
fixed asset financing program. The SBA 504 program provides long term financing for plant
expansions, new construction, processing and manufacturing equipment and professional related fees
(engineering, surveys, legal, etc.). Funding comes from a private lender (5096), the SBA 5041oan (up
to 4096), and the local business (1096). The only way that a business can access this type of financing
is through an SBA designated "Certified" organization..
Next month, the CEN-TEX CDC Board and I plan to submit to the U.S. Small Business
Administration, San Antonio District office, a formal application seeking official "Certification." The
SBA requires, as part of our application, a resolution or commitment letter from county government
that offers support to our newly created CDC. A letter from you is very important to our application.
I have prepared a sample resolution and commitment letter for your consideration. Please have the
Commissioners Court pass a similar resolution or send me a letter on your letterhead in support of
our CDC. I need to receive this letter by June 1st so that it can be included in our application to the
SBA.
I appreciate your interest and cooperation. If you have any questions, please call me at
(512) 472-6005, or Rosa Rios-Valdez, LCRA Manager of Economic Industrial Development, at
(512) 473-3399.
Sincere
Mark Sheffield, Presid t
CEN-TEX Certified Development Company
Enclosures
SAMPLE LETTER OF SUPPORT
May 25, 1990
Mr. Mark Sheffield
President
CEN-TEX Certified Development Company
P.O. Box 220, AD 208
Austin, Texas 78767
Dear.
I support the newly created, non-profit business assistance, CEN-TEX Certified Development
Company and the professional resources that the LCRA will Drovide to its efforts.
It is critical that we have organizations like this to call on for expansion finance assistance to our area
businesses. I am pleased to learn that the SBA will have a stronger presence in our communities
through your Certified Development Company. All efforts to diversify and stabilize our local
economies are needed.
I would like to offer my assistance in making this program a success. Please keep me informed of
your progress.
Sincerely,
County Judge
RESOLUTION
WHEREAS, the creation of the CEN-TEX Certified Development Company is to strengthen the
economic growth of this county and a 43 county region in the State of Texas;
WHEREAS, the goal of the CEN-TEX CDC is to increase employment, by providing long-term
fixed asset financing for the expansion and modernization of small businesses in
Central Texas;
WHEREAS, the objectives of the CEN-TEX CDC are to provide duect assistance to our area
businessp and contribute to the development of a stable and diverse economy;
NOW, THEREFORE, BE IT RESOLVED THAT THE County Commissioners of (name of County)
County endorses and supports the formation of the CEN-TEX Certified Development Company and
its objectives.
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COMMISSIONERS' COURT AGENDA REQUEST
~ ~~ r r JRNISh ONE ORIGINAL AND SEVEN COPIES OF THIS REOUESTAND DOCUMENTS
TO BE REVIEWED BY THE COURT.
MADE BY: Buster Baldwin
MEETING DATE: May 31, 1990
OFFICE: County Commissioner. Precinct k
TIME PREFERRED:
SUBJECT: (PLEASE 8E SPECIFIC): Consider resolution or letter of supyort for the
Cen-Tex Certified Development Company.
ESTIMATED LENGTH OF PRESENTATION:
IF PERSONNEL MATTER -NAME OF EMPLOYEE:
NAME OF PERSON ADDRESSING THE COURT: County commissioner Precinct 4
Time for submitting this request for Court to assure [hat the matter Is posted In
accordance with Article 6252- t 7 Is as follows:
• Meetings held on second Monday: 12:00 P. M. previous Wednesday
• Meetings held on Thursdays: 5:00 P. M. previous Thursday.
If preferable, Agenda Requests may be made on office stationery with the above
lnformatlon attached.
THIS REQUEST RECEIVED BY:
THIS REQUEST RECEIVED ON: May 22 1990
All Agenda Requests w111 be screened by the County Judge's Office to determine if
adequate lnformatlon has been prepared for the Court's formal consideration and action at
time of Court meetings. Your cooperation will be appreciated and contribute towards
your request being addressed at the earliest opportunity.
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