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PAGE TWO OF TWO <br /> EDC RESOLUTION NO. 98-EDC-25 <br /> NOW THEREFORE, BE IT RESOLVED THAT the Economic Development Commission hereby <br /> recommends approval to the Economic Development Authority for the allocation of$75,000 in <br /> tax increment funds to administer and subsidize home improvement loans for Mounds View <br /> homeowners and to approve the Home Improvement Loan Program Guidelines for MHFA and <br /> market rate loans in conjunction with participating lenders. <br /> Adopted this 22th day of June 1998. <br /> ATTEST: <br /> Chair <br /> (SEAL) <br /> City Administrator <br />