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HomeMy WebLinkAboutRES 88-084 e' -, - R E S O L U T I O N WHEREAS, the City Council of the City of Beaumont has adopted a Historic Preservation Revolving Loan Fund Program for the rehabilitation of the exterior of historic properties located within the City of Beaumont; and, WHEREAS, Bruce C. Irvine has made application for a Historic Preservation Rehabilitation roan for the exterior improvement of his properties located within the downtown commercial historic district; and, WHEREAS, the City of Beauiiiont° s Historical Landmark Commission has recommended the approval of a loan to Bruce C. Irvine in the amount of Sixty-Five Thousand Dollars $65,000,00 for a term of ten ( 10 ) years at zero percent (0%) interest for the exterior rehabilitation of the property located at 446 Orleans Street in the City of Beaumont; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT a loan to Bruce C. Irvine be approved in the amount of Sixty-Five Thousand Dollars ( $65, 000 . 00 ) out of the Historic Preservation Revolving Loan Fund for a term of ten ( 10 ) years at zero percent (0%) interest for the rehabilitation of the property located at 446 Orleans Street in the City of Beaumont, Texas. PASSED BY THE CITY COUNCIL of the City of Beaumont this the %` day of 1988. - Mayor -