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. y ° . <br /> LEGAL DEPARTMENT MEMORANDUM <br /> NO. 2008-19 <br /> October 28, 2008 <br /> TO: Honorable Mayor Carrigan and City Co cil <br /> FROM: Ryan P. McCrady, City Manager � <br /> Greg Crowe, Assistant City Manager, Eco mi and Urban Development <br /> Wendy Morthland, Corporation Counsel <br /> SUB.IECT: Mortgage Credit Certificates <br /> The attached resolution and ordinance allow the use of our previously designated bond <br /> volume cap from 2004 for a Mortgage Credit Certificates program. The Certificates would <br /> be targeted for an initial period of time for allocation to qualifying veterans and persons on <br /> active military duty residing in the City of Decatur. The attached documents also authorize <br /> the execution and delivery of such other agreements and instruments with IHDA and/or <br /> other parties in order to effectuate this Program. <br /> If you have any questions or concerns, please contact Greg Crowe at 424-2727 or <br /> Wendy Morthland at 424-2807. <br /> WLM:pm <br /> cc: John T. Robinson <br /> Amy Waks <br />