Council hereby establishes, pursuant to Article VIII, Section 16 of the Ohio Constitution, a "Home Improvement Loan Interest Subsidy Program". The Home Improvement Loan Interest Subsidy Program shall be administered by the Director of Finance and the Housing Officer of the City, in accordance with the provisions of this chapter and eligibility criteria and procedural rules and regulations to be recommended by the North Olmsted Housing Council for approval by this Council, which regulations shall not be inconsistent or in conflict with any provision of this chapter.
(Ord. 92-52. Passed 5-19-92.)