§ 2-83. Approval of certain actions by board of county commissioners required.

The following actions of the housing finance authority shall first be approved by resolution of the board of county commissioners as a prior condition to such actions becoming effective:

(1)

Any rules or regulations to be promulgated by the authority setting forth standards or criteria for determining eligible persons or qualifying housing development.

(2)

Any resolution authorizing the issuance of revenue bonds as authorized by law.

(3)

All contracts or agreements including employment contracts or agreements of the authority.

(4)

Any sale of bonds whether by public or private sale.

(5)

Any other action in which the board of county commissioners has by resolution required to be approved first by resolution of the board.

(Ord. No. 1982-4, § 20, 1-28-82)