Subject: 18993/CNE Rental Rehab/Amendment to No. 18975
Date: Wed, 5 Dec 1990 13:16:00 -0500


                               RESOLUTION NO. 18993
                   
                   
                   A RESOLUTION AMENDING RESOLUTION NO. 18975, 
                   ENCAPTIONED AS SET FORTH HEREIN, SO AS TO 
                   AMEND EXHIBIT A THERETO BY ADDING ADDITIONAL 
                   DEEDS OF TRUST.
                   
                   
                                                     
         
                                         
              	   BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF 
         CHATTANOOGA, TENNESSEE, That Resolution No. 18975, encaptioned 
         "A RESOLUTION APPROVING THE SALE BY CHATTANOOGA NEIGHBORHOOD 
         ENTERPRISE, INC. OF VARIOUS RENTAL REHABILITATION LOAN-ASSISTED 
         PROPERTIES TO CNE AFFORDABLE HOUSING LIMITED PARTNERSHIP AND 
         APPROVING SUBORDINATION TO FIRST MORTGAGE OF PRIME LENDER FOR 
         THE PURPOSE OF COMPLETING THE FINANCIAL STRUCTURE OF A 
         LOW-INCOME HOUSING TAX CREDIT SYNDICATION DEMONSTRATION PROJECT 
         INITIATED WITH THE ASSISTANCE OF THE TENNESSEE HOUSING 
         DEVELOPMENT AGENCY AND THE ENTERPRISE SOCIAL INVESTMENT 
         CORPORATION.", be and the same is hereby amended by adding to 
         Exhibit A thereto the Deeds of Trust attached hereto.  
         
         
         
         ADOPTED: April 16, 1991