Subject: 9722/Amend 9585/Budget-Home Investment Partnership Program
Date: Mon, 7 May 1990 15:16:00 -0500


                                ORDINANCE NO. 9722
                  
                  
                   AN ORDINANCE TO AMEND ORDINANCE NO. 9585,
                   ENCAPTIONED AS SET FORTH BELOW, THE BUDGET
                   ORDINANCE, SO AS TO CREATE A NEW SEPARATED
                   FUND AND BANK ACCOUNT ENTITLED "HOME
                   INVESTMENT PARTNERSHIP PROGRAM" TO BE
                   DEVOTED SOLELY TO HOME INVESTMENT TRUST
                   FUNDS.
                  
                  
                                                    
                  
                  
       	    	 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
       CHATTANOOGA, TENNESSEE, That:
       	    	 SECTION 1.  Ordinance No. 9585, encaptioned:
            AN ORDINANCE TO PROVIDE REVENUE FOR THE FISCAL YEAR
            BEGINNING JULY 1, 1991, AND ENDING JUNE 30, 1992, AND
            APPROPRIATING SAME TO THE PAYMENT OF EXPENSES OF THE
            MUNICIPAL GOVERNMENT; FIXING THE RATE OF TAXATION ON ALL
            TAXABLE PROPERTY IN THE CITY, AND THE TIME TAXES AND
            PRIVILEGES ARE DUE, HOW THEY SHALL BE PAID, WHEN THEY
            SHALL BECOME DELINQUENT; AND PROVIDING FOR INTEREST AND
            PENALTY ON DELINQUENT TAXES AND PRIVILEGES.
           
       be and is hereby amended so as to create a new separated fund and 

       bank account entitled "Home Investment Partnership Program" to be 

       devoted solely to Home Investment Trust Funds.
       	    	 SECTION 2.  This Ordinance shall take effect two (2)
       weeks from and after its passage as required by law.
0C
      
       PASSED on Third and Final
       Reading May 19, 1992.	     _/s/________________________________
       	    	      	   	     	         CHAIRPERSON
      
       	    	      	   	     APPROVED:_______ DISAPPROVED:_______
      
       	    	      	   	     DATE:_________________ ______, 1992.
      
       	    	      	   	     _/s/_________________________________
       RLN:cjc	      	   	     	             MAYOR