HomeMy WebLinkAbout8-28-80-14 - Resolution - 08/28/1980NO. 08-28-80-14
A RESOLUTION
AUTHORIZING PARTICIPATION
IN
SECTION 312 LOAN PROGRAM
WHEREAS, the City of College Station is involved in the Community
Development Block Grant Program; and
WHEREAS, the City presently operates a successful, on-going Rehabilitation
Grant and Loan Program; and
WHEREAS, the 312 Rehabilitation Loan Program is consistent with the
City's Housing Assistance Plan Goals; and
WHEREAS, the 312 Loan Program is available to all income groups in the
City's Community Development Target and Preservation Areas;
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE
STATION:
1. That the Community Development Staff be authorized
to apply, and if approved by the Department of
Housing & Urban Development, participate in the
Section 312 Loan Program.
2. That this resolution becomes effective upon adoption.
PASSED AND APPROVED this 28th day of Aug. , 1980.
ATTEST.
APPROVED
Mayor
ty Secretary