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315 <br /> August 26,1992 <br /> AGREEMENT-HOUSING REHABILITATION PROGRAM <br /> Moved by Councilman Overstreet, s onded by Councilman Pope to <br /> utbarizei the Msyor to Ute contracts with participating <br /> lenders for 0 ner-Occupied Houslnq':Rehabilltation Prograe. <br /> Mark Beales PS ank, stated that the lenders were looking <br /> forward to participating in this program again: however, they <br /> had a The c s that the funds that have b <br /> committed ohaven not been totally drawn dawn. The lenders would <br /> like toe all of the money spent. expressed the <br /> willingnessto work with the city to resolve this issue. <br /> Dave Koenig, Planning, replied that part of the problem was a <br /> priority issue. The City has federal and state funding that <br /> needs to e ` <br /> used within a certain time f He also stated <br /> that thereis a higher demand for lower income funding. More <br /> marketing would need to be with the mid-income and investor <br /> segment of our unity. <br /> Rollcalled with all cilmen voting yes except <br /> Councilman Anderson who was excused. <br /> Motion carried. <br /> take Koenig introducedLoreen Carlson, employee in the <br /> CHIP'Offide,to Councilmemters. <br /> AGREEMENT-REHABILITATION LOANS <br /> Moved by Councilman Pope, seconded by Councilman Moser to <br /> authorize the Mayor to execute contracts with participating <br /> lenders forowner-occupied rehabilitation loans to law and <br /> moderate income housen0105. <br /> Rall was called with all councilmen voting yes except <br /> Councilman Anderson who was excused. <br /> Motion Carried. <br /> C <br />