(A) Pursuant to CDBG Grant No. MP-89-003, the Indiana Department of Commerce has authorized certain funds of said above-mentioned grant to be used to pay for the administration Micro-Enterprise Loan Program.
(B) The town, through the Clerk-Treasurer and/or the Micro-Enterprise Board, is hereby authorized to use said funds for the administration costs incurred for the Micro-Enterprise Loan Program upon the approval of the Micro-Enterprise Board and/or the Town Council.
(Ord. 1997-02, passed 3-3-1997)