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June 26, 2013 <br /> Roll was called with all council members voting yes, except Council <br /> Member Roberts who was excused. <br /> Motion carried. <br /> AGREEMENT — INVESTOR LOAN PROGRAM <br /> Council Member Murphy disclosed that he holds a personal investment <br /> with Coastal Financial Company, the parent company to Coastal <br /> Community Bank. <br /> Council Member Murphy recused himself from the discussion and vote on <br /> Action Items 8 and 9 and left the council chambers. <br /> Moved by Council Member Bader, seconded by Council Member <br /> Stonecipher, to authorize the Mayor to sign contracts with lending <br /> institutions for the Investor Loan Program administered by the <br /> Community Housing Improvement Program (CHIP) at no cost to the <br /> City. <br /> Roll was called with all council members voting yes, except Council <br /> Member Roberts and Murphy who were excused. <br /> Motion carried. <br /> AGREEMENT — OWNER-OCCUPIED LOAN PROGRAM <br /> Moved by Council Member Bader, seconded by Council Member <br /> Affholter, to authorize the Mayor to sign contracts with lending <br /> institutions for the Owner-Occupied Loan Program administered by <br /> the Community Housing Improvement Program (CHIP) at no cost to <br /> the city. <br /> 177 <br />