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Resolution 8879
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Resolution 8879
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Last modified
6/25/2019 10:08:27 AM
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12/20/2017 4:44:29 PM
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RESOLUTION 8879 <br />RESOLUTION 17 -EDA -302 <br />CITY OF MOUNDS VIEW AND THE <br />MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br />COUNTY OF RAMSEY <br />STATE OF MYNNESOTA <br />JOINT RESOLUTION APPROVING A LOAN ORIGINATION AND HOME ENERGY <br />SQUAD ENHANCED VISIT AGREEMENT BETWEEN THE ECONOMIC <br />DEVELOPMENT AUTHORITY AND THE CENTER <br />FOR ENERGY AND ENVIRONMENT <br />WHEREAS„ the City of Mounds View (the "City") is a municipal corporation and <br />political subdivision duly organized and existing under the Constitution and laws of the State of <br />Minnesota; and, <br />WHEREAS, the Mounds View Economic Development Authority (the "EDA") is a <br />public body corporate and politic under the laws of the state of Minnesota; and, <br />WHEREAS, the EDA has also been granted the statutory powers of a Housing and <br />Redevelopment Authority pursuant to Minnesota Statues, section 469.091 subd. 1; and, <br />WHEREAS, the EDA currently operates a housing loan program (the "Loan Program") <br />pursuant to its authority under state law; and, <br />WHEREAS, the EDA currently has an agreement with the Greater Metropolitan <br />Housing Corporation (the "Corporation") whereby the Corporation acts as the principal servicer <br />of the EDA's Loan Program; and, <br />WHEREAS, the EDA and the Corporation have agreed that the Corporation will no <br />longer act as a servicer of the EDA's Loan Program after December 31, 2017; and, <br />WHEREAS, the EDA desires to engage the services of the Center for Energy and <br />Environment ("CEE") to act as the principal servicer of the Loan Program pursuant to the terms <br />of the loan origination agreement (the "Origination Agreement") attached hereto as Exhibit A; <br />and, <br />WHEREAS, the EDA further desires to engage the services of CEE to conduct home <br />energy squad enhanced visits ("Energy Visits") as requested by residents of the City, pursuant to <br />the terms of the agreement to perform home energy squad enhanced visits (the "Energy Visits <br />5120360 MU20548 <br />
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