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281 It <br /> it <br /> 1111 <br /> July 2,1984 <br /> ). <br /> DEEOLUTION-LENDING INSTITUTIONS AGREEMENT-RENTAL HOUSING <br /> Roved by Councilman Overstreet,seconded by Councilman Michelson,so <br /> adopt Resolution No.2451 as follows: <br /> A RESOLUTION author)... the mayor to sign an agreement <br /> between the City and the Everett's participating lending <br /> institutions to provide housing rehabilitation services e. <br /> loan assist.. under the Community Housing Improvement <br /> Program(CHIP). <br /> rehabilr=an,r:omm=y 117rov:rilgtelr designated ra°reash:Ent: <br /> • <br /> City;and <br /> wEEEEAs, the city and participating lenders denire to <br /> continue providing housing rehabilitation services and loan <br /> assistance to qualified property owners with designated areas of the <br /> City)end <br /> WHEREAS, the City iS committing a portion of Cunity <br /> Development Block Grant funds to provide and to supportorwthe <br /> provision of loans by lending institutions Of the City to property <br /> wners for rehabilitation and improvement of properties;and . • <br /> WHEREAS, the participating lenders agree to participate in <br /> the Community Housing Improvement Program through the approval, <br /> Processing and collection of home improvement or boll.. <br /> rehabiliteation loans,to property owners in the CHIP Target Areas; <br />. and <br /> WHEREAS, the City and the participating lenders recognize <br /> that the purpose of this pm is to proVide incentives for owners <br /> to improve substandard dwelling Units; <br /> City <br /> ciNTiF4tZtEER=E, BE IT RESOLVED by the City Council of the <br /> The Mayor is hereby authorized to sign an agreement between <br /> the City and the City of Everett's parti.peting lenders to provide <br /> housing rehabilitation services and loan assistance under the <br /> Community Housing iMPsoveme(.Program. • <br /> Roll was called with all Councilmen voting yes, except Councilman • <br /> Morrow,who was excused. <br /> Motion Carried <br /> • <br /> -• RESOLUTION-LENDING INSTITUT/ONS AGREEMENT-OWNER-OCCUPIED HOUSING <br /> • <br /> • moved by Councilman Overstreet,seconded by Councilman Michelson,to <br /> adopt Resolution No.2452 as follows: <br /> A RESOLUTION authOrizing the Mayor to eign an agreement <br /> between the City andEverettIs participating -lending <br /> inStitutions to provide housing rehabilitation services and <br /> loanassistance under the Community Bonaing Improvement <br /> Program(CHIP). <br /> • <br /> zehabilrgrg'an(r:omm2ay IMP[ovg:f1)gLesigMd reashnTs= <br /> City;and <br /> • <br /> ( <br /> . , <br />