Chapter 3.84
CUMULATIVE RESERVE FUND FOR HOUSING REHABILITATION

Sections:

3.84.010    Created.

3.84.010 Created.

A special fund is established in the treasury of the city of Clarkston to be known as the cumulative reserve fund for housing rehabilitation. The special fund is created pursuant to RCW 35.21.070 to receive funds from the Washington State Department of Community Development for the purpose of rehabilitating the homes of low and moderate income people within the city limits of Clarkston and for costs incurred in administering the special fund and rehabilitation program. The funds will be loaned out in accordance with program procedures established by the city council and the housing rehabilitation committee. These funds may be expended for any purposes allowed under the regulations of the U.S. Department of Housing and Urban Development or Washington State Department of Community Development. [Ord. 972 § 1, 1984.]