Agmt97 County of San Mateo (6) - Laserfiche WebLink

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?10.00 98 D022 CITY For the first year of this Agreement, City will provide lending assistance for those clients already identified as qualified under the County's Mobile Home Rehabilitation Loan Program. In subsequent years applicants will be found and processed through mutual marketing and outreach efforts Submit the Loan Profile supplied by the County to the Rehabilitation Loan Committee for approval. Complete Attachment A "N'EPA Review Clearance". · Fund the presented loan [s] within seventy two [72] hours of the Rehabilitation Loan Committee approval. · Pay the approved Contractor and/or other authorized payee upon receipt of an County approved Payment Authorization. All said payments to be made within seventy two [72] hours of the receipt of said Payment Authorization. SCl; up approved loans for collection with the City's collection agent · Forward to the County the administrative delivery costs for each Loan Application Package, in the amounts specified herein. · In the following years of the Agreement, provide staff support in disseminating Mobile Home Rehabilitation Loan Program information to City residents in recognized Mobile Home Parks. · Provide County with meeting and working space in order to facilitate coordination between property owner, contractor, County and related personnel. · Provide the use of a telephone for local calls. SECTION 4 SOURCE OF FUNDS A. CITY CDBG FUNDS The City of Redwood City, through its CDBO Program, has elected to provide funds to be used for the Emergency Mobile Home Loan Program, within the jurisdiction of the City. These funds, set aside by the City, will be lent to eligible mobile home owners who are residents of the City, and who have applied and been accepted as qualified applicants for the Emergency Mobile Home Loan Program. The City may elect to continue to fund the program with funds from its revolving program income in an amount to be determined by the Housing Rehabilitation Loan Committee. 6