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RESOLUTION 8382 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> A RESOLUTION APPROVING THE FINANCING FOR THE ENERGY SAVINGS <br /> PARTNERSHIP (ESP) PROGRAM FOR THE COMMUNITY CENTER, <br /> CITY HALL AND TRAIL LIGHTS <br /> WHEREAS, there have been many issues related to the HVAC system at the <br /> Community Center that have required many staff hours and expenses to diagnose and <br /> repair; and, <br /> WHEREAS, the City Council's direction was to avoid any further major expenses <br /> at the Community Center; and, <br /> WHEREAS, Staff realized that more attention was still needed to address the <br /> ongoing equipment repairs and the comfort levels at the Community Center along with <br /> some programing and operational issues; and, <br /> WHEREAS, Staff met with Trane and reviewed the inspection reports to try and <br /> prioritize the repairs and/or replacements; and, <br /> WHEREAS, Staff started working with Trane to find other funding opportunities to <br /> make the needed repairs and upgrades to the HVAC system and controls at the <br /> Community Center; and, <br /> WHEREAS, a program was identified called ESP (Energy Savings Partnership) <br /> administrated by the St. Paul Port Authority, an appropriation lease program; and, <br /> WHEREAS, the City Council of the City of Mounds View understands the <br /> significant cost savings and benefits of the ESP program in order make the necessary <br /> repairs and upgrades to the HVAC system and controls; and, <br /> WHEREAS, the total cost of the project is $874,964.00, which will be funded by <br /> the projected energy savings realized, and all equipment and supplies will be purchased <br /> under TCPN Number 32-10012-15-001; and, <br /> WHEREAS, the City of Mounds View has been approved by US Bancorp <br /> Government Leasing and Finance, Inc. ("USBGLF") for the funding of the ESP program <br /> and all related documents are being reviewed by the City Attorney. <br /> NOW, THEREFORE, BE IT FURTHER RESOLVED that the City Council of the <br /> City of Mounds View approves entering into an agreement or agreements with US <br /> Bancorp Government Leasing and Finance, Inc. ("USBGLF"), in substantially the form <br /> presented to the City Council on this date, subject to modifications that do not materially <br /> alter the City's rights and obligations under such agreement or agreements and that are <br /> 457340v2 SJR MU125-11 <br />