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R97-131 ENDORSING THE SUBMISSION OF AN AMENDED APPLICATION
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R97-131 ENDORSING THE SUBMISSION OF AN AMENDED APPLICATION
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4/14/2016 4:40:26 PM
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Resolution/Ordinance
Res Ord Num
R97-131
Res Ord Title
ENDORSING THE SUBMISSION OF AN AMENDED APPLICATION FOR SECTION 108 PROGRAM FUNDS IN THE AMOUNT OF $2,500,000 ($2.5 MILLION)
Approved Date
8/25/1997
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NOW, THEREFORE, BE IT RESOLVED,the Council of the City of Decatur, Illinois <br /> endorses the filing of an amended application to change the previously proposed use of the <br /> existing reservation of Section 1081oan guarantee authority in the amount of$2.5 million, in <br /> order to create a generic Section 108 business loan fund,together with the filing of a specific <br /> request for use of an estimated $1.5 million for the Beresford Plaza project, along with all <br /> understandings, certification and assurances contained therein, etc. <br /> PRESENTED AND ADOPTED this 25th day of August, 1997. <br /> � <br /> � <br /> Terry M. ey, Mayor <br /> ATTEST: <br /> J <br /> ,�-����� ' �r '�2 C <br /> Celeste F. Harris, Cit Clerk <br />
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