HomeMy WebLinkAboutReso. 1984 - 079 - Approving amendment to the rehabilition loan policy adopted by city council resolution no. 75-86 • i
RESOLUTION NO. 0 - ',77
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPROVING AMENDMENT TO THE REHABILITATION LOAN POLICY
ADOPTED BY CITY COUNCIL RESOLUTION NO. 75-86 .
WHEREAS, the City of Redding has adopted a rehabilitation
loan policy by City Council Resolution No. 75-86 and amended it
by Resolution Nos. 76-36, 77-135, 77-189 , 78-223 , 78-235 , 78-240,
79-46 , 79-106 , 80-240 and 83-52; and
WHEREAS, the City Council deems it to be in the best
interest of the citizens of the City of Redding that the rehabi-
litation loan policy be further amended as set forth in Exhibit
"A" attached hereto; and
WHEREAS, it has been determined that this matter is categor-
ically exempt from the provisions of CEQA;
NOW, THEREFORE, BE IT RESOLVED that the amendments to the
rehabilitation loan policy attached hereto as Exhibit "A" are
hereby approved and adopted.
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 16th day of April , 1984 , and
was duly adopted at said meeting by the following vote:
AYES: COUNCILMEN: Fulton, Kirkpatrick, Pugh, and Gard
NOES: COUNCILMEN: None
ABSENT: COUNCILMEN: Demsher
ABSTAIN: COUNCILMEN: None '
• I I l, /•
: A V AL EN GAR' , Mayor
City of Redding ;,\
.y.
• I
ATTEST:
O
ETHEL A. NICHOLS , City Clerk
FORM APPROVED:
RANDALL A. HAYS; C, ty Attorney
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• S
EXHIBIT "A"
AMENDMENT NO. 13 TO CITY OF REDDING REHABILITATION LOAN POLICY
SECTION 4 - DESCRIPTION OF LOAN PROGRAMS
A. Amortized Loans
4. Amount
Add C. The loan amount may be increased up to a maximum of $20,000 on
homeowner loans in those cases where the cost to repair the code
violations exceed the $15,000 loan limit. These loans are for code
items only and do not include general property improvements.