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Agenda Packets - 1986/04/28
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Agenda Packets - 1986/04/28
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Last modified
3/31/2025 3:35:56 PM
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3/31/2025 3:35:56 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
4/28/1986
Description
Regular Meeting
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A- <br />file Energy keutxir r.0 igniter 35 a non-profit corporation <br />established as a joint venture by Northern States Power Company <br />and the City of Saint Paul in 1981- our Board of Director:; is <br />composed of representatives from both sides of the partnership <br />and includes tlayor Latimer, Councilman 8cheibel, Jim Holmes of <br />Holmes X [haven, and Dick. Volkmann and Denny Platteter of NSP. <br />Tile mission of the FRC is to provide financial and operatiunal <br />capability for energy conservation programs which serve the <br />public good. In addition to acting as a lending agency for <br />%Pveral energy conservation improvement loan programs for single <br />,ind mulct -family pr oparI ies. the ERC di str ibnt es terhr,i cal <br />information on coriservaticn, techniques, <br />nver the paet four veara we have successfully administered a <br />series of diverse programs for financing energy improvements in <br />residential properties. We are now the single largest lender in <br />Minnesota for MtfFA's linme, Energy 1_oan Program. administer the <br />Cit.y's Solar Valli: Rental Subsidy program, and oper atrr a <br />nationally recognized Energy Management Service for rental <br />properties. Funding for these varied programs was developed <br />through the cooperativri efforts of the â–ºknising .and Redevelopment <br />niithority, First Trust Lompany of Saint Paul. the department of <br />Planning and Economic Development. of Saint PauI,MHFA. the <br />Mt*oight. Family Housliig Fund and NSP. In total we have <br />originated over 5 millicri dollars in loans since 1981 with a <br />staff of only six. <br />We have included a wide range of infw mation on the Energy <br />Resource Cetiter, which should enable yoi.i to evaluate the <br />corporation from a variety of prrsprctivrrs. If we can provide <br />any additional information. please don'thesitate to let us know. <br />
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