[Ord. 30-2016, passed 11-16-2016]
There is hereby created the City of Erie Business Development
Revolving Loan Fund.
[Ord. 30-2016, passed 11-16-2016]
The City of Erie Business Development Revolving Loan Fund shall
adopt the existing structure of the City of Erie Enterprise Zone Revolving
Loan Fund for its by-laws, lending criteria, reporting obligations
and repayment obligations.
[Ord. 30-2016, passed 11-16-2016]
A transfer of $250,000 from the Urban Development Action Grant
funds will be utilized as the funding instrument of the City of Erie
Business Development Revolving Loan Fund.