§ 66.11. LOAN DISBURSEMENTS, MONITORING.  


Latest version.
  • MOHCD shall be responsible for disbursing Loan proceeds and monitoring construction progress. In addition, MOHCD shall work with those departments or individuals designated by the Director to monitor compliance with all applicable Loan documents, this Chapter 66, and all other applicable federal, state, and local laws. MOHCD shall periodically inspect the progress of construction and approve disbursements of Loan proceeds.
    (Added by Ord. , File No. 180890, App. 11/9/2018, Eff. 12/10/2018)