280.02 GUIDELINES AND REGULATIONS; ADMINISTRATOR.

(a) The Loan Review Committee may adopt and enforce guidelines and regulations as to the application for loans, approval of loans, securing loans and enforcement of loan agreements, in connection with the Neighborhood Revitalization Revolving Loan Fund and the Small Business Loan Fund.

(b) The Loan Review Committee may contract for an administrator to carry out any guidelines and regulations.

(Ord. 2581. Passed 7-13-89.)

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