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File #: 12-7655    Version: A Name: Civic Centre Commission requests that board members of the Hispanic Business Professional Association (HBPA) meet with the Civic Centre Commission regarding the outstanding debt related to the 2011 Fiesta Mexicana Event.
Type: Communication Status: Filed
File created: 4/27/2012 In control: Civic Centre Commission
On agenda: Final action: 10/23/2013
Title: Subject: Civic Centre Commission requests that board members of the Hispanic Business Professional Association (HBPA) meet with the Civic Centre Commission regarding the outstanding debt related to the 2011 Fiesta Mexicana Event. Recommendations of the Civic Centre Commission on 5-2-2012: To defer this item to a future meeting. Recommendations of the Civic Centre Commission on 6-27-2012: To advise the HBPA in the spirit of cooperation, that interest would be suspended as long as a minimum payment of $500 per month was received as payment on the existing balance each month. If 30 days passed without the minimum payment interest would then be reinstated until the balance is paid off in full. Recommendation of the Civic Centre Commission on August 22, 2012: That the Board be kept apprised of the ongoing progress of the repayment plan. Recommendation of the Civic Centre Commission on November 7, 2012: That the Board be kept apprised of the ongoing progress of the repayment plan....
Attachments: 1. Debt Repayment Plan Revised 5-2-2012, 2. 1912_001
Related files: 11-7222
Title
Subject: Civic Centre Commission requests that board members of the Hispanic Business Professional Association (HBPA) meet with the Civic Centre Commission regarding the outstanding debt related to the 2011 Fiesta Mexicana Event.
 
Recommendations of the Civic Centre Commission on 5-2-2012:  To defer this item to a future meeting.
 
Recommendations of the Civic Centre Commission on 6-27-2012:  To advise the HBPA in the spirit of cooperation,  that interest would be suspended as long as a minimum payment of $500 per month was received as payment on the existing balance each month.  If 30 days passed without the minimum payment interest would then be reinstated until the balance is paid off in full.
 
Recommendation of the Civic Centre Commission on August 22, 2012:  That the Board be kept apprised of the ongoing progress of the repayment plan.
 
Recommendation of the Civic Centre Commission on November 7, 2012: That the Board be kept apprised of the ongoing progress of the repayment plan.
 
Recommendation of the Civic Centre Commission on December 27, 2012: That the Board be kept apprised of the ongoing progress of the repayment plan.
 
Recommendation of the Civic Centre Commission on February 27, 2013: That the Board be kept apprised of the ongoing progress of the repayment plan.
 
Recommendation of the Civic Centre Commission on April 24, 2013: That the Board be kept apprised of the ongoing progress of the repayment plan.
 
Recommendation of the Civic Centre Commission on June 26, 2013: That the Board be kept apprised of the ongoing progress of the repayment plan.
 
Fiscal Note:  The Civic Centre Commission is currently working with HBPA for collection of outstanding funds due.