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CONSULTANT SERVICES AGREEMENT <br />ti THIS IS All AGI2EEMEN T entered into the day of 2013,'by and between the City <br />of Mounds View, a Minnesota municipal corporation ("the City"), and GREATER WTROPOLITAN <br />HOUSING CORPORATION, a Minnesota non-profit corporation ("Consultant"). <br />RECITALS <br />A. The Consultant has a division called The Housing Resource Center ("HRC"). GMHC has <br />agreed to provide certain Services through I4RC (as defined below) in connection with the City's housing <br />program. <br />B. The City desires to hire the Consultant to render this technical, professional, and marketing <br />assistance in connection with housing programs in the City for the term as set forth in this Agreement. <br />C. Consultant is willing to provide such services on the terns and conditions set forth herein. <br />In consideration of the foregoing recitals and following terms, conditions and mutual promises <br />contained herein, the parties agree as follows: <br />I. Scope of Services. The Consultant shall provide services as follows (the "Services"): <br />a. Administer the following home improvement programs for residents of the City of Mounds <br />View: MHFA Fix Up Fund, the MHFA Rental Rehab Program, the MHFA Rehabilitation <br />Loan Program and the MHFA Emergency and Accessibility Program (collectively the <br />"MHFA Programs") and the Mounds View Home Improvement Loan Program. <br />1. Providing information to residents and property owners about the programs, upon <br />request; <br />2. Assist the City in developing procedures for the programs; <br />3. Receipt of applications from residents; <br />4. Processing applications; <br />5. Closing loans to qualified applicants in accordance with the applicable program; <br />6. Overseeing the draw process for the funds, including, as necessary, reviewing draws, <br />reviewing the progress of the work and collecting lien waivers and certificates of <br />occupancy. Consultant may, for this purpose, rely on third -party representations and <br />certifications. <br />7. Provide monthly reports about the number of loans closed and the balance in each <br />loan program. <br />b. Service the loans made to City residents under the Mounds View Home <br />Improvement Loan Program: <br />1. Direct the Community Reinvestment Fund ("CRF") to collect such payments <br />pursuant to a contract dated July 2, 2000 between the Consultant and CRF (the <br />CRF Contract). <br />2. Direct CRF to take such action pursuant to the CRF Contract if there is an <br />uncured default by a borrower under a loan pursuant to an Installment Loan <br />Program. <br />3. Receive all payments made by borrower to CRF. <br />4. Disburse all payments received by Consultant as directed, in writing, by the City, which <br />may include disbursing the finds pursuant to the Mounds View Home Improvement <br />Program. <br />5. Payment to CRF to service the loans: <br />One-time $15.00 set-up fee per installment loan <br />One-time $25.00 set-up fee per deferred loan <br />Transaction fee per installment loam $6.00 per month <br />