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MOUNDS VIEW <br />Item No: 08E <br />Meeting Date: February 14, 2022 <br />Type of Business: Council <br />Administrator Review: <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Nyle Zikmund, City Administrator <br />Item Title/Subject: Resolution 9545, Amending MPCA Clean Water Loan Agreement <br />Introduction: <br />As part of the HOPP program, the city applied for and received 0% loan money thru the <br />Minnesota Pollution Control Agency Clean Water Protection Program. Now in its second full <br />year, based on data, we have been requested by the MPCA to update the agreement based on <br />experience. That experience has shown a lesser need for the funds as the revenue generated <br />from home sales, has resulted in sufficient dollars to fund the lateral sewer line rehabilitation. <br />MPCA suggested/requested we decrease the dollar amount from $3 milllion to $2 million and <br />extend one more year. We also clarified we can use the money for multi -family. <br />Recommendation: <br />Approve Resolution 9545. <br />Nyle Zikmund <br />City Administrator <br />