The City shall maintain two separate and distinct revolving loan funds:
(a) Economic Development Revolving Loan Fund. One of the City's revolving loan funds shall be known as the Economic Development Revolving Loan Fund and shall be administered in accordance with policies and procedures adopted by the Revolving Loan Fund Board.
(b) Building Revitalization Revolving Loan Fund. The other of the City's revolving loan funds shall be known as the Building Revitalization Revolving Loan Fund and shall be administered in accordance with the policies and procedures adopted by the Revolving Loan Fund Board.
(Ord. 91-41. Passed 6-3-91.)