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<br /> 38 <br /> CITY OF SAN MARCOS <br /> Office of the <br /> Mayor <br /> January 17, 1985 <br /> Richard G. Bean <br /> Secretary/Treasurer <br /> Capital Area Housing Finance Corporation <br /> 2520 IH-35 South, SUite 100 <br /> Austin, 'IX 78704 <br /> [Bar Mr. Bean: <br /> Enclosed is a properly executed Certi ficate of .Approval and <br /> Riblication of Annual Iblicy StateI1'Bnt. Please note that approval of <br /> this Certificate is given by the Counc il only under protest. <br /> S¡;>ecifically, the Council is concerned with the "moderate income" <br /> figure of $44,700.00 established by the Ebard of Directors of the <br /> Capital Area Housing Finance Corporation. 'The Council believes that <br /> this figure is too high and should be reduced so that this program will <br /> benefit primarily those persons of truly moderate income. <br /> The Council urges the Corporation to adopt a significantly reduced <br /> moderate income limit at the earliest possible time. <br /> Should you have any questions concerning this matter, please <br /> contact me. <br /> ~ <br /> ' CU~ <br /> <br /> Eìnrnie Craddock <br /> Mayor <br /> EX:::jv <br /> Enclosure <br /> cc: 'less Norris <br /> city hall' 630 e. hopklns . san marcos' texas' 78666 . 512/392-1111 <br />