City of Racine - File #: Res.0222-16

• File #: Res.0222-16
• Version: A
• Name: Annual Certification of City Revolving Loan Fund
• Type: Resolution
• Status: Passed
• File created: 6/21/2016
• In control: City Attorney's Office
• On agenda: 6/21/2016
• Final action: 6/21/2016
• Title: Annual Certification of City Revolving Loan Fund Resolved, that the request of the Director of City Development that the City certify for the semi-annual reporting period ending March 31, 2016: the City-Revolving Loan Fund (City-RFL) Plan is consistent with and supportive of the area's current economic and adjustment strategy, that the City-RLF is being operated in accordance with the policies and procedures contained in the City-RLF Plan, and that the loan portfolio meets the standards contained therein. Fiscal Note: N/A
• Sponsors: Q.A. Shakoor II
• Related files: 0502-16

Date	Ver.	Action By	Action	Result
6/21/2016	A	Common Council	Approved as Presented	Pass

Sponsor

Alderman Shakoor

Title

Annual Certification of City Revolving Loan Fund

Resolved, that the request of the Director of City Development that the City certify for the semi-annual reporting period ending March 31, 2016: the City-Revolving Loan Fund (City-RFL) Plan is consistent with and supportive of the area's current economic and adjustment strategy, that the City-RLF is being operated in accordance with the policies and procedures contained in the City-RLF Plan, and that the loan portfolio meets the standards contained therein.

Fiscal Note: N/A