§ 19.20.040. Administration of loan grants.

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If an application submitted to the State of Alaska, Department of Community and Regional Affairs is approved and a loan is arranged, the borough will accept the grant for the loan and enter into the required agreements with the applicant for repayment of that loan to the Rural Development Fund program of the State of Alaska, Department of Community and Regional Affairs.

(Ord. No. 90-64, § 2(part), 1990)

                    
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