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HomeMy WebLinkAbout30240 / 79-15y y z�z " . Ju�}� 5, 1979 � 15 RESOLUTION PURPOSE: TO MAKE APPLICATION FOR ADDIIIONAL SECTION 312 RESIDENTIAL LOAN :°;ONIES, A�1EVD PRESENT 312 BOUNDARILS TO INCLUDE THE DOWNTOWN AREA, APPLY FOR SECT'ION 312 CQM^IERICAL REHABILITATION LOAN MONIES, AND AUTHORLZE THE ADMINISTRATION TO PROCEED WITH THE SECTIOid 312 PROGRAM IF ADDITIONAL FUNDS ARE RECEIVED Ih'ITTATED RY: DEPARTMENT OF COMMUNiTY D�VELOPMENT WHEREAS, the City of Oshkosh has successfully participated in the Section 312 Rehabilitation Loan Program, ar.d WHF.REAS, the City of Oshkosh has expended a11 of the monies allocated to it by the federal government under this loan program, and WHEREAS, the City is desirous of continuing a successful Rehabilitation Program and broadening the scope of this program to include both residential and commercial structures, NOW, THEAEFORE, BE IT RESOLVED that the City of Oshkosh hereby authorizes the Department of Community Development to apply for additional residential an3 comr*mercial rehabilitation loan monies under Section 312 of the Depa:^t^ent of Housing and Urban Development regulations, BE IT FURTHER RESOLVED, that the City of Oshkosh amends its original application to include the downtoca;� area, as shown on the attached map, and hereby authorizes the City� Manaber to administer t.iose a3d-tional iu�ids recei-ved in a�cordanoe witn tiie guidelines and regulations set forth by the Department of Housing and Urban Developrnent. - 15 - SUBMITTED BY � � � � 0 .�, � cd N u � •,� m • rI N a�v ao•.� m •�, � +� o N U �' x a� N U] S', S N � o o ca a +� 01 O rl � •ri N O +� •�-I •ri •rl i-� +' 'd S'. � 'd N rl N �d O •rl N F+ U1 N O N P'. W P'. �� vv m m N N �o az � a '� O � b �i ¢ �+ F� O � H U � 0 .� i� O � ' �_s._ _ ___ _._ -- . .� � __----..�_.—.__ __ _ �_._____— — ve na�rTibs�ti� �t9:CSM�: rn ti x O� Fa � w � lf� U � � rl \� +� �-j \ U � f