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<br />. <br /> <br />. <br /> <br />. <br /> <br />the origination of home mortgage loans to qualifying persons who <br /> <br />will reside within the City and the County. <br /> <br />section 7. <br /> <br />The Executive Director is authorized to cause <br /> <br />the payment to the County of the Agency's proportionate share of <br /> <br />administrative costs of the Programs referred to in Item 2 above. <br /> <br />section 8. <br /> <br />The officers and employees of the Agency are <br /> <br />authorized and directed, jointly and severally, to do any and all <br /> <br />things necessary or advisable in order to effectuate the purpose <br /> <br />of this resolution of the issuance of the mortgage credit <br /> <br />certificates by the County, and all actions previously taken by <br /> <br />such officers and employees in connection with the application <br /> <br />for the allocation to be requested are ratified and approved. <br /> <br />section 9. <br /> <br />This resolution shall take effect immediately <br /> <br />upon its adoption by the Agency, and the Secretary of the Agency <br /> <br />shall certify the vote adopting this resolution. <br /> <br />ADOPTED, this 17thctay of <br /> <br />August <br /> <br />, 1993 <br /> <br />by the following <br /> <br />vote: <br /> <br />AYES: <br /> <br />MEMBERS: LUTZ, MILLS, MORENO, NORTON <br /> <br />NOES: <br /> <br />MEMBERS: <br /> <br />ABSENT: <br /> <br />MEMBERS: PULIDO, RICHARDSON, YOUNG <br /> <br />ATTEST: <br /> <br />~r~-~ <br /> <br />~7r~ <br /> <br />Executive Director/ <br />Community Development Agency <br />APPROVED AS TO FORM: <br /> <br />