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RESOLUTION AUTHORIZING THE METROPOLITAN COUNCIL <br />TO IMPLEMENT THE SOLAR BANK DEFERRED LOAN PROGRAM <br />WITHIN THE CITY OF <br />WHEREAS, the City of desires to assist <br />families and individuals in making energy improvements <br />for the purpose of increasing the energy efficiency of <br />their homes; and <br />WHEREAS, the Minnesota Housing Finance Agency has funds to be <br />used for such purposes, and will contract with the <br />Metropolitan Council to administer these Solar Bank <br />Deferred Loan Funds; and <br />WHEREAS, the Metropolitan Council has been designated a housing <br />and redevelopment authority pursuant to Minnesota Statutes <br />Section 473.195 with the powers and duties of a housing <br />and redevelopment authority under the provisions of the <br />Minnesota Housing and Redevelopment Authority Act; and <br />WHEREAS, under the provisions of Minnesota Statutes Section <br />473.195, the Metropolitan Council must obtain the <br />approval of the govering body of any municipality in <br />which it proposes to implement the Solar Bank Deferred <br />Loan Program. <br />NOW, THEREFORE, BE IT RESOLVED <br />that the City of hereby <br />authorizes the Metropolitan Council to implement the <br />Solar Bank Deferred Loan Program for the purpose of <br />increasing the energy efficiency of homes in the City <br />of , and that the City Admin- <br />istrator, , is hereby autho- <br />rized to enter into any necessary agreement with the <br />Metropolitan Council for operating the program within <br />the city. <br />Adopted this <br />day of , 1984 <br />Mayor City Administrator <br />58 <br />