HomeMy WebLinkAboutRES 07-132 RESOLUTION NO. 07-132
BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF BEAUMONT:
WHEREAS,the City Council has conducted a public hearing concerning reallocation
of$164,000 from the 2004 and 2006 Consolidated Block Grant Program, Small Business
Revolving Loan Fund ("SBRLF") to the Multi-Family Housing line item;
NOW, THEREFORE, BE IT RESOLVED
BY THE CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the City Manager is hereby authorized to reallocate $164,000 from the 2004 and
2006 Consolidated Block Grant Program, Small Business Revolving Loan Fund ("SBRLF")
to the Multi-Family Housing line item.
BE IT FURTHER RESOLVED that the City Manager is authorized to execute a
conditional funding commitment with ITEX Property Management, LLC. for the
rehabilitation of the Sunlight ManorApartments at Washington and 8th Street in Beaumont.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 8th day of May,
2007.
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Mayor Guy N. Goodson -
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