HomeMy WebLinkAbout1977 Ordinance No. 024. •
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INTRODUCED AS A BILL BY COUNCILMAN MANN
BY AUTHORITY
ORDINANCE NO. tA.!f::_, SERIES OF 1977
AN ORDINANCE APPROVING AN AMENDED AGREEMENT : BE'rWEEN THE CITY
OF ENGLEWOOD, COLORADO AND THE ENGLEWOOD HOUSING AUTHORITY
RELATING TO 'rHE HOUSING REHABILITATION LOAN PROGRAM POLICIES
AN D PRqcEoURES •
BE IT ORDAINED BY THB CITY COUNCIL, CITY OP
ENGLEWOOD, COLORADO, as follows1
Section 1.
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That tha City of . Englewood shall enter into an.:.~
Amended Agreement and Policy Statement with the Englewood
Housing Authority, according to the provisions of that
certain written Amended Agreement establishing criteria, ..
priorities, limits, rates, review method of supervision
modifying the term~ of an Agreement entered into on the
19th day of July, 1976. The Amended Avreement II, is at~ached
hereto, consisting of eight .(8) typewritten pages and is
hereby incorporated by refer~nca herein. Said instrument
provide a aa fol lowa a · ·. ~
l. That tha Housing Authority or the City shall
be reaponsi,ble for · the execution of the Housing Rehabilitation
Program.
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2. Application and approval procedure for obta~nin9
a loan.
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3. Establish policiea and priorities based on the
use and purpose of the loan eligibility,. income, neighboJ;hood,
loan limits, liena, credit factor•, loans on rental property,
and repayment.
4. Requiring supervision of any improvement.
5. Establishing repayment provisions.
Section 2. -
The City Council of the City of Englewood, Colorado
hereby authorizes the Mayor ot the City of Englewood, Colo~ado,
to subscribe his nAme to said Amended agreement on and in ·
behalf of the City Council and the City of Englewood, Colorado,
~nd the Director of Finance, ex officio City Clerk-Treasurer
attest the Sl!me •
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• Introduced, read in full and passed on first reading
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on the 19th day of September, 1977.
Published as a Bill for an Ordinance on the 21st
day of September, 1977.
Read by title and passed on final reading on the
3rd day of October, 1977.
Published by title as Ordinance No. ~' Series
of 1977, on the&"'~ day of October 1977.
ATTEST:
~~W?'-ex of fC OClt. = ~Treasurer
I, William D. James, do hereby certify that the
above and foregoing is a true, accurate and complete copy
of the Ordinance, passed on final reading and published · by
title aa Ordinance No. ~' Series of 1977.
e~~Treasurer
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