Laserfiche WebLink
33 <br />11!0 hony <br />*10/ <br />Report Date: <br />Meeting Date: <br />ITEM DESCRIPTION: <br />RF6zkFsTFOR 00kNCIL CC.r S11-)FRATION <br />April 24, 2012 <br />April 24, 2012 <br />Resolution 12-045; Adopting Metropolitan Housing Corporation's Program Guidelines as <br />Amended. (tabled from the March 13, 2012 City Council meeting) <br />MANAGER'S REVIEW: <br />This item was brought before the City Council on March 13, 2012, and after discussion it was <br />tabled to clarify the repayment terms of the loans. <br />GMHC has since revised several of the sections including the Interest Rate, Loan Program, <br />Total Project Costs, Loan Amortization, Loan Closing and Loan Servicing. These <br />amendments bring the Guideline up-to-date. <br />Va'4 <br />ceg' <br />ark Casey <br />City Manager <br />Attached: <br />• Resolution 12-045; Adopting Metropolitan Housing Corporation's Program Guidelines as <br />Amended. <br />• City of St. Anthony Owner Occupied Revolving Loan Program Guidelines <br />FACouncil Meetings12012104242012\staffGMHC.docx - 1 - <br />