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R2022-83 Resolution Authorizing the City Manager to Enter into an Agreement with Land of Lincoln Credit Union for Property Rehabilitation Program Services
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R2022-83 Resolution Authorizing the City Manager to Enter into an Agreement with Land of Lincoln Credit Union for Property Rehabilitation Program Services
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Last modified
1/24/2023 5:07:44 PM
Creation date
5/20/2022 3:18:40 PM
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Resolution/Ordinance
Res Ord Num
R2022-83
Res Ord Title
R2022-83 Resolution Authorizing the City Manager to Enter into an Agreement with Land of Lincoln Credit Union for Property Rehabilitation Program Services
Department
Econ and Com Dev
Approved Date
5/16/2022
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RESOLUTION NO.R2022-33 <br /> RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO AN <br /> AGREEMENT WITH LAND OF LINCOLN CREDIT UNION FOR <br /> PROPERTY REHABILITATION PROGRAM SERVICES <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, <br /> ILLINOIS: <br /> The City Manager is hereby authorized to negotiate final contractual terms and conditions with <br /> Land of Lincoln Credit Union to administer and provide loan services for a Home Improvement Loan <br /> Fund and a Contractor Loan Fund for the owner-occupied rehabilitation program utilizing ARP funds not <br /> to exceed$500,000 per program, and to sign and execute the contracts on behalf of the City of Decatur. <br /> PRESENTED AND ADOPTED this 16th day of May, 2022. <br /> oto"z a A,�i�4 <br /> JULIE M ORE WOL 1, MAYOR <br /> ATTEST: <br /> s <br /> KIM ALTH Y CLERK <br />
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