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RESOLUTION NO. � ZS / �� `� �� <br /> RESOLUTION APPROVING SECTION 312 LOAN PARTICIPATION AGREEMENT, <br /> PARTS I AND II <br /> BE IT ORDAINED BY THE COUNCIL OF THE CITY OF DECATUR, ILLINOIS: <br /> Section 1 . That the Section 312 Loan Participation Agree- <br /> ment Parts I and II between the United States Department of Hous- <br /> ing and Urban Development and the City of Decatur, Illinois, as <br /> by said Act, prescribed, designed herewith be, and the same is <br /> hereby, received, placed on file and approved. <br /> Section 2 . That James C. Bacon, Jr. , City Manager, be, and <br /> is hereby, authorized and directed to sign said loan participa- <br /> tion agreement on behalf of the City and to submit the same to <br /> said Department of Housing and Urban Development, and to furnish <br /> such other information or documentary support, and otherwise to <br /> do such as may be necessary or desirable to support the City' s <br /> participation in the Section 312 Loan Program. <br /> Section 3 . That this resolution be effective upon, from and <br /> after its adoption. <br /> PRESENTED AND ADOPTED THIS 4th day of December, 1989 . <br /> MAYOR ' <br /> ATTEST: II <br /> i <br /> CI CLERK <br />