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Resolution No. 97 -031, authorizing and approving the application of the Texas Housing Finance <br />Corporations Act to property located within the City of Paris, Texas, and authorizing the use of the <br />proceeds of the Northeast Texas Housing Finance Corporation G C Collateralized Home <br />Mortgage Revenue Bonds, Series 1997, to finance home mortgages for homes located within the City <br />of , was presented. A motion was made by Councilman Hunt, seconded by Mayor Pro tem Fulbright <br />for approval of the resolution. The motion carried 7 ayes, 0 nays. <br />