1602u
u
o
RESOLUTION NO.1602
A RESOLUTION ESTABUSHING A FUND TO BE ENTITLED "BASIN HOMES
BLOCK GRANT FUND"
RECITALS:
1.The CityCouncil has approved a plan for the repaymentsof block grant liens.
RESOLVED:
1. A special revenue fund to be entitled "Basin Homes Block Grant Fund"is established.All revenues
from lien repayments concerning the Basin HomesBlockGrant,will be accrued to this fund until ten
(10)years from the date of the execution ofthe last Basin Homes Block Grant lien.
Adopted by the CityCouncilon March 12,1991.