The Harris Texas Authority to Borrow Money — Resolution For— - Corporate Resolutions is a legally binding document that grants the Harris Texas Authority, a governmental agency in Texas, the power to borrow money for various purposes. This resolution form outlines the specific authority granted to the agency and provides important details related to the borrowing process. Keywords: Harris Texas Authority, borrow money, resolution form, corporate resolutions, legally binding, governmental agency, Texas, borrowing process. Different types of Harris Texas Authority to Borrow Money — Resolution Form— - Corporate Resolutions: 1. General Authority to Borrow Money Resolution Form — This type of resolution form grants the Harris Texas Authority the general power to borrow money, without specifying any particular purpose or limitation. It gives the agency flexibility in utilizing borrowed funds for various needs. 2. Specific Purpose Authority to Borrow Money Resolution Form — This category of resolution form provides the Harris Texas Authority with the power to borrow money for a specific purpose or project. It outlines the purpose for which the funds will be borrowed and sets limitations on their used to ensure compliance. 3. Emergency Borrowing Authority Resolution Form — This type of resolution form is used in situations that require immediate access to funds due to unexpected financial emergencies. It grants the Harris Texas Authority the authority to borrow money without the need for extensive approval processes, allowing for quick response to urgent financial needs. 4. Long-Term Borrowing Authority Resolution Form — This resolution form grants the Harris Texas Authority permission to borrow money over an extended period, typically with a repayment term of several years. It outlines the terms and conditions of the borrowing arrangement, including interest rates, principal amounts, and repayment schedule. 5. Short-Term Borrowing Authority Resolution Form — This category of resolution form is specifically designed to authorize the Harris Texas Authority to borrow money for short-term needs. It typically covers borrowing periods of less than a year and may be utilized to bridge temporary gaps in funding or cover unexpected expenses. Overall, the Harris Texas Authority to Borrow Money — Resolution For— - Corporate Resolutions is a crucial document that enables the Harris Texas Authority to meet its financial obligations and fund essential projects. By adhering to the relevant keywords and understanding the different types of resolution forms, one can gain a comprehensive understanding of this important aspect of the agency's operations.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.