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HomeMy WebLinkAbout2013-03-11 13-099 ORDERCOUNCIL ACTION Item No. 13-099 Date: March 11, 2013 Item/Subject: Order, Adopting the City of Bangor Community Development Residential Rehabilitation Loan Program Policies and Procedures Responsible Department: Community & Economic Development Commentary: In 1982, the City Council of the City of Bangor approved and adopted a Community Development Property Rehabilitation Loan Program. It has been amended by the City Council numerous times throughout the years following. It is in the best interest of the City to improve, update and simplify the Community Development Property Rehabilitation Loan Program by replacing it with a current City of Bangor Community Development Residential Rehabilitation Loan Program Policies and Procedures which will align the City's guidelines with Housing and Urban Development requirements. This Order, if approved, will adopt a new City of Bangor Community Development Residential Rehabilitation Loan Program Policies and Procedures dated March 2013 to replace the previous policies and procedures approved and amended by the previous Council Orders. Department Head Manager's Comments: cA i� a d�� vY, Bch 64; 203 CaA: M City Manager Associated Information: Budget Approval: Legal Approval: Introduced for Passage First Reading Referral Page _ of _ Finance Director City Solicitor 13-099 MARCH 11, 2013 Assigned to Councilor Baldacci �C CITY OF BANGOR (TITLE.) ORDER, Adopting the City of Bangor Community Development Residential Rehabilitation Loan Program Policies and Procedures WHEREAS, the City Council of the City of Bangor has previously approved and adopted a Community Development Property Rehabilitation Loan Program in 1982 and amended the same from time to time; and WHEREAS, it is in the best interest of the City to improve, update and simplify the Community Development Property Rehabilitation Loan Program by replacing it with a current City of Bangor Community Development Residential Rehabilitation Loan Program Policies and Procedures which will also align the City's guidelines with Housing and Urban Development requirements. BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT That the City of Bangor Community Development Residential Rehabilitation Loan Program Policies and Procedures dated March 2013 and on file with the City of Bangor's Community and Economic Development Department is hereby adopted for the City of Bangor hereby replacing the Community Development Property Rehabilitation Loan Program adopted by the City Council In 1982 and subsequently amended by Council Orders 82-229, 83-102, 83-227, 83-252, 84-217, 85-48, 85-371, 91-41, 02-164, 03-260, 06-324, and 10-182. IN CITY COUNCIL March 11, 2013 Passed 91 CIV'CLERK