HomeMy WebLinkAbout88-102 - ADMIN Resolution - City Council - 1988/08/15RESOLUTION NO. 88-102
A RESOLUTION AUTHORIZING EXECUTION OF DOCUMENTS
RELATED TO THE REHABILITATION DEFERRED LOAN
PROGRAM
WHEREAS, the City of St. Louis Park has participated in administration and
operation of the single and two family rehabilitation deferred loan programs and
similiar programs, and
WHEREAS, the administration and operation of such programs requires the
execution of repayment agreements, satisfactions, and subordinations and related
documents to facilitate administration of such programs, and
WHEREAS, to facilitate proper administration of this program, it is appropriate
that a Rehabilitation Loan Administrator be authorized to execute such documents
on behalf of the City,
NOW THEREFORE BE IT RESOLVED that the Rehabilitation Loan
Administrator is hereby permitted to execute the repayment agreements,
satisfactions, and subordinations and similar documents on behalf of the City.
Adopted by the City Council August 15, 1988
ATTEST:
Reviewed for administration:
City Manage
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Approved as to form and execution: