HomeMy Public PortalAbout001-2023 - Authorizing the Mayor to Execute Loan Documents COMMUNITY AND ECONOMIC DEVELOPMENT
REVOLVING LOAN FUND BOARD
RESOLUTION 1-2023
A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE LOAN
DOCUMENTS ON BEHALF OF THE REVOLVING LOAN FUND BOARD
WHEREAS, The City of Richmond, Indiana, by and through its Community and
Economic Development Loan Fund Board (hereinafter "Revolving Loan
Fend Board" or "RLF Board") is the designated recipient of certain funds
to undertake activities which are consistent with the provisions of Chapter
61 of the Richmond City Code; and
WHEREAS, The RLF Board wishes to continue to allow the administration of the City,
specifically the Mayor, or his designee, to execute any and all loan
documents created in connection with, loans that are duly approved by the
RLF Board.
NOW, THEREFORE BE IT RESOLVED by the City of Richmond Community
and Economic Development Revolving Loan Fund Board (hereinafter "RLF Board") as
follows:
1. The Mayor of the City, or his designee, is authorized to execute any and all
loan documents created in connection with loans that are duly approved by the RLF
Board.
Passed and adopted this ao, day of c-`1,26e/- 2023, by the Revolving Loan Fund
Board.
CITY OF RICHMOND
COMMUNITY & ECONOMIC DEVELOPMENT LOAN FUND BOARD
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