The functions of the Loan Committee are as follows:
(A) The Loan Committee shall review periodically the rules, regulations, procedures and standards for the granting of residential rehabilitation loans and shall recommend changes when desirable to the City Manager.
(B) The Loan Committee shall review and approve or disapprove all loan applications.
(1995 Code, § 11.16.020) (Ord. 97-1800, passed - -1997)