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HomeMy WebLinkAboutReso. 1985 - 009 - Authorizing and directing the mayor to execute the contract between the city of redding and united states escrow inc for loan services 411 • RESOLUTION NO. ' /5---61 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE THE CONTRACT BETWEEN THE CITY OF REDDING AND UNITED STATES ESCROW, INC. FOR LOAN SERVICES. WHEREAS, the City of Redding has operated the Housing Rehabilitation Loan Program for several years; and WHEREAS, U. S. Escrow, Inc. has approached the City with a proposal to provide loan services for said program, the terms of which staff finds appealing; and WHEREAS , it is deemed to be in the best interests of the City of Redding to enter into said contract with U. S. Escrow, Inc. ; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding that the Mayor be and hereby is authorized and directed to sign said contract with U. S. Escrow, Inc. for loan services under the Housing Rehabilitation Program. I HEREBY CERTIFY that the foregoing resolution was intro- duced and read at a regular meeting of the City Council of the City of Redding on the 21st day of January , 1985 , and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Demsher, Fulton, Gard, & Kirkpatrick NOES : COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Pugh ABSTAIN: COUNCIL MEMBERS: None 4)/ ifet/Lii HOWARD D. KIRKPA RICK, Mayor City of Redding mi r . ATTEST: ETHEL A. NICHOLS , City Clerk FORM APPROVED: xxx_ f er, d RAN ALL A. HAYS, Cit1 Attorney -2-