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Resolution 3652 - Authorizing Mayor to Release CDBG AgreementsRESOLUTION NO. 3652 A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE ON BEHALF OF THE CITY OF KALISPELL A RELEASE OF CDBG AGREEMENTS, RELEASING LOAN RECIPIENTS AND GRANTEES AFTER REVIEW BY THE COMMUNITY DEVELOPMENT DEPARTMENT. WHEREAS, the City of Kalispell_ has authorized the Community Develop- ment Department to enter into certain agreements with owners of residential. property in certain "targeted areas" of the City of Kalispell. utilizing Community Development Block Grant Funds; and WHEREAS, the loan agreements and grant agreements heretofore entered into by the Community Development Department an behalf of the City of Kalispell begin to expire under their terms in the year 1986; and WHEREAS, the City of Kalispell deems it advisable to expedite the review and releasing procedures for those agreements entered into on behalf of the City of Kalispell. NOW AND THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL: SECTION 1. That the Mayor of the City of Kalispell is authorized and directed .to execute on behalf of the City Releases of CDBG Agreements which expire beginning January 1, 1986 to December 31st, 1986 upon the direction and request of the Community Development Department. SECTION 11. This Resolution shall take effect immediately. PASSED BY THE CITY COUNCIL AND APPROVED BY THE MAYOR THIS 19th DAY OF MAY, 1986. Ythn "Ed" Kennedy ., Mayor ATTEST: he undersigned, City Clerk of the City of Kalispell, certify that the foregoing is a true copy of the Resolution passed by the City Council of the City of Kalispell, Montana, at Don Halver, City Clerk -Treasurer a regular meeting held City Clerk of the City of Kalispell, Montana