R-86-918 - 9/25/1986WHEREAS The City of Round Rock has orevious1y recri
H.U.D. grants which have been and are now oeing prepaid 70 ro
City of Round Rock, and,
WHEREAS, in order to promote economic growth in the City
Round Rock the Council of the. City of Round Rock and
financial institutions in the Round Rock Community deem it
advisable to establish a Small Business Incentive Loan Prom,
and
WHEREAS, The City of Round Rock ano the finert,:.:i_:i
institution in the City of Round Rock will contribute , He
amounts of money to toffs program and
WHEREAS, the City of Round Rock will act as coordinator ter -
the loan program.
THEREFORE BE I T RESOLVED BY TrlE COUNCIL OF THE C 1 TY OF RC .
ROCK, THAT
The City of Round Rock hereby sets aside from the HUD Circr.t
funds in hand $25,000.00 as it contributions to thn
Business Incentive Loan Program.
RESOLVED this 25th day of September, 1986.
ATTEST:
i a/isoL)
u NNE LAND, City Secretary
DI_W/ jmb
M u l t i - M a t e Program
T itlea: HUD
Typed: 9/29/86
RESOLUTION NO. 97e/e
MIKE ROBINSON, Mayor
CITY OF ROUND ROCa. TEXAS