HomeMy WebLinkAbout2017-06-26 17-235 ORDERCOUNCIL ACTION
Item No. 17-235
Date: June 26, 2017
Item/Subject: Order, Adopting the City of Bangor Community Development Residential
Rehabilitation Loan Program Policies and Procedures
Responsible Department: Community & Economic Development
Commentary: This Order will update the City of Bangor Community Development Residential
Rehabilitation Loan Program Policies and Procedures and replace the previous policies and
procedures approved and amended by the previous Council Orders.
In 1982, the City Council approved and adopted a Community Development Property
Rehabilitation Loan Program. Over the years, the City Council has amended these policies to
improve, update and simplify the Community Development Properly Rehabilitation Loan
Program. If approved, it will replace the current City of Bangor Community Development
Residential Rehabilitation Loan Program Policies and Procedures to align the City's guidelines
with Housing and Urban Development requirements. The Business and Economic Development
Committee recommended this item for approval at its June 20, 2017 meeting.
Manager's Comments:
Associated Information:
Budget Approval:
Legal Approval:
Introduced for
x Passage
First Reading
Referral
/s/ Tanya L. Emery
Department Head
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Finance Director
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City Solicitor
Assigned to Councilor Graham
CITY OF BANGOR
17-235
JUNE 26, 2017
(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 Residential 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 Residential Rehabilitation Loan Program Policies and
Procedures Manual by making changes which align the City's guidelines with
Department of Housing and Urban Development (HUD) 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 Manual dated June 2017 and on file with the City's Community and
Economic Development Department is hereby adopted for the City of Bangor hereby replacing
the Community Development Residential Rehabilitation Loan Program Policies and Procedures
adopted by the City Council in 2013, Council Order 13-099.
IN CITY COUNCIL
JUNE 26,2017
CO 17-235
PASSED
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