05 - MINUTES OF COUNCIL MEETING ON MAY 16, 2016

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Regular Council Meeting May 16, 2016 Page 8 23. Discuss and act on extension of the Home Loan Program; and discuss development of expanding the program into downtown. Mayor Hashmi said he and the city manager recently met with four local banks about extending the low interest loans for property owners with deteriorating homes. He explained the process by which the City had set aside money use for dilapidated structures allowing for a guarantee of $2,500 toward $5,000 the banks were loaning to property owners, should there be a default. He said the program had been successful and that no one had defaulted on their loans. Mayor Hashmi also said they discussed the possibility of doing something similar for downtown buildings. Mr. Godwin said for buildings downtown owners could possibly get loans for sprinkler systems, new roofs and abatement of asbestos. Mayor Hashmi said after further discussions, they would bring something back to the Council. Mayor Hashmi said the banks want a specific employee assigned to the home improvement program and want it advertised. It was a consensus of City Council to extend the Home Improvement Loan Program. 24. Convene into Executive Session pursuant to Section 551.071 of the Texas Government Code, Consultation with Attorney to receive legal advice from the City Attorney about pending or contemplated litigation and /or on matters in which the duty of an attorney to his client under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas, clearly conflict with this chapter, as follows: Glick d/b /a Tri-State Iron & Metal v. City of Paris. Mayor Hashmi convened City Council into executive session at 6:33 p.m. 25. Reconvene into open session and possibly take action on those matters discussed in Executive Session. Mayor Hashmi reconvened City Council into open session at 6:44 p.m. 26. Consider and approve future events for City Council and/or City Staff pursuant to Resolution No. 2004 -081. Mr. Godwin announced this was National EMS Week and that Council Member Frierson wanted to let everyone know there was a Day of Poverty Event scheduled at Oak Park Methodist Church for May 26 and everyone would be receiving an invitation. Mr. Godwin also asked Council to let him know if any one of them would be willing to serve as Council representative on the Airport Development Committee.