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RESOLUTION 8830 <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />Approving a Loan Servicing Agreement with Community Reinvestment Fund <br />WHEREAS, the City has been a longstanding client of the Housing Resource Center <br />(HRC); and <br />WHEREAS, due to declining use by residents and declining revenue as a result, HRC <br />will be discontinuing operations at the end of 2017; and <br />WHEREAS, HRC administers the City's home improvement loan programs; and <br />WHEREAS, HRC had contracted with Community Reinvestment Fund (CRF), a third <br />party to service new and existing loans; and <br />WHEREAS, the City will need to contract directly with CRF to provide continued loan <br />servicing. <br />NOW, THEREFORE, BE IT RESOLVED, that the Mounds View City Council <br />approves entering into a loan servicing agreement with Community Reinvestment Fund and <br />authorizes the Mayor and Interim City Administrator to execute the attached agreement. <br />Adopted this 25th day of September, 2017 <br />Carol A. Mueller, Mayor <br />ATTEST: <br />S <br />Nyle mun , Interim City Administrator <br />(seal) <br />