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Agenda - 09-02-1997 - 9b
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Agenda - 09-02-1997 - 9b
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Last modified
8/9/2013 10:28:46 AM
Creation date
8/9/2013 10:28:38 AM
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BOCC
Date
9/2/1997
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
9b
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Minutes - 19970902
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\Board of County Commissioners\Minutes - Approved\1990's\1997
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5 <br /> 7. Real property held for sale or investment. <br /> 8. Me-Ae theeAer-s. <br /> 9. Pyramid sales - distribution plan businesses. <br /> 10. Floor plan financing. <br /> 11. Individuals with pending criminal charges or who are incarcerated, on probation, or <br /> parole. <br /> 12. Foreign controlled businesses. <br /> 13. Non-profit institutions. <br /> 15. Private membership clubs. <br /> 16. Bttildings lisW on the T <br /> COMPLIANCE WITH APPLICABLE REGULATIONS <br /> In all cases, loans made from this program must be consistent and in accordance with the <br /> following: <br /> 1. All state and local regulations governing the applicant's line of business. <br /> 2. Policies established by the Loan Committee for each particular applicant. <br /> 3. Policies established by the Board of County Commissioners dealing with this loan <br /> program. <br /> AMOUNT OF LOANS <br /> Maximum: $50,000. Minimum: $5,000. Should market conditions change, or in the event of an <br /> applicant with extra-ordinary conditions, an alternative loan May be considered. All loans are <br /> subject to availability. <br /> LOAN TERM <br /> Maximum Term - 5 years(except 7 years for real estate) <br /> 3 <br />
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