Resolution No. 2159RESOLUTION NO 2159
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
ADOPTING RULES AND REGULATIONS RELATING TO ITS RESIDENTIAL
MORTGAGE FINANCING PROGRAM
WHEREAS, this City Council has heretofore adopted its Ordinance No
650 entitled, "An Ordinance of the City Council of the City of Cypress
Providing For An Affordable Home Ownership and Rehabilitation Program
and For The Issuance of Residential Mortgage Revenue Bonds in Connection
With Said Program," and
WHEREAS the City Council wishes to establish Rules and Regulations
for a residential mortgage financing program to be implemented pursuant
to the provisions of the aforesaid Ordinance, and
WHEREAS, proposed Rules and Regulations for such a program entitled,
"Rules and Regulations of the City of Cypress Relating to Its Residential
Mortgage Financing Program" have been presented to this City Council and
considered by it
NOW THEREFORE, the City Council of the City of Cypress HEREBY DOES
RESOLVE that the said Rules and Regulations hereby are adopted
PASSED AND ADOPTED by the City Council of the City of Cypress at a
regular meeting held on the 26th day of November 1979
M#0/A OR OF THE C TY OF CYPRESS
ATTEST
CITY CLERK O `THE CITE
OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
199
I DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY
that the foregoing Resolution was duly adopted by the said City Council at
a regular meeting held on the 26th day of November 1979; by the following
roll call vote.
AYES• 4 COUNCIL MEMBERS: Evans, Hudson, MacLain and Rowan
NOES 1 COUNCIL MEMBERS. Lacayo
ABSENT. 0 COUNCIL MEMBERS None
1
ITY OF CYPRESS