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Res 2002-217
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Res 2002-217
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Last modified
7/3/2006 10:06:57 AM
Creation date
7/3/2006 10:06:25 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
CDBG
Number
2002-217
Date
12/9/2002
Volume Book
150
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<br />INTRODUCTION <br /> <br />The San Marcos Revolving Loan Program is a program created as a city financial tool to <br />stimulate economic growth within the city and the extraterritorial jurisdiction. The purpose <br />of this initiative is to set up a revolving loan fund (RLF) to provide capital for private <br />projects which would not be possible without such assistance. The RLF is funded by <br />program income directly generated from the use of Community Development Block Grant <br />and Texas Capital Funds which is a derivative of an original grant through the U.S. <br />Department of Housing and Urban Development. For more information contact: <br /> <br />City of San Marcos <br />CDBG Coordinator <br />630 East Hopkins <br />San Marcos, Texas 78666 <br />(512) 393-8147 <br />
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