Resolution 17-EDA-302 - Laserfiche WebLink

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