Laserfiche WebLink
Resolution 12-EDA-273 <br /> Page 2 of 2 <br /> NOW, THEREFORE BE IT RESOLVED THAT the Mounds View Economic <br /> Development Authority does hereby authorize the following amendments to the "General <br /> Home Repair" loan criteria: <br /> 1) Change the name of the "General Home Repair" loan to"General Home Improvement" <br /> loan to clarify the intent of the loan, which is to enhance and improve a property's <br /> livability and value <br /> 2)Add bathroom and kitchen remodels to the list of eligible improvements <br /> 3)Add the following clarifying language to the paragraphs that address eligible repairs and <br /> improvements: The General Home Improvement loan program makes funds available to <br /> improve the exterior and/or interior of the property. Eligible work may correct health and <br /> safety items, increase handicap accessibility, reduce long-term maintenance and energy <br /> costs or improve the livability of the home Eligible improvements include but are not <br /> limited to the following examples: <br /> Adopted this 8th day of October, 2012 by the <br /> Mounds View Economic Development Authority <br /> rd) <br /> oe F = •ert zident <br /> (ATTEST) 4A-L4/ '' <br /> James Ericson, Executive Director <br />