Laserfiche WebLink
CITY COUNCIL OF THE CITY OF PLEASANTON <br />ALAMEDA COUNTY, CALIFORNIA <br />RESOLUTION NO. 91-208 <br />RESOLUTION ESTABLISHING POLICIES GOVERNING THE <br />PLEASANTON SECOND MORTGAGE LOAN PROGRAM <br />WHEREAS, on June 4, 1991, the Pleasanton City Council adopted <br />Resolution No. 91-92 approving the concept of a City <br />assisted second mortgage loan program for moderate income <br />housing units purchased by first-time home buyers; and <br />WHEREAS, on June 4, 1991, the Council directed staff to prepare <br />the documentation necessary to implement the program; and <br />WHEREAS, staff has prepared a program policy guide, attached to <br />this resolution as Exhibit A; <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES <br />AS FOLLOWS: <br />Section l: The "Policies Governing the Pleasanton Second Mortgage <br />Loan Program", attached to this Resolution as Exhibit A, <br />are hereby adopted. <br />Section 2: This resolution shall become effective immediately <br />upon its passage and adoption. <br />I HEREBY CERTIFY THAT THE FOREGOING WAS DULY AND <br />REGULARLY ADOPTED BY THE CITY COUNCIL OF THE CITY OF PLEASANTON, AT <br />A MEETING HELD ON DECEMBER 10, 1991 BY THE FOLLOWING VOTE: <br />AYES: Councilmembers - Butler, Mohr, Scribner, Tarver, and <br />Mayor Mercer <br />NOES: None <br />ABSENT: None <br />ABSTAIN: None <br />APPROVED AS TO FORM: <br />Michael H. Roush, City Attorney <br />AT ST: <br />Pegg idro City Clerk <br />