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Contract No. C-3368 <br /> MFLOW/INFILTRATION CONTROL PROGRAM <br /> LOAN AGREEMENT BETWEEN THE METROPOLITAN COUNCIL <br /> AND <br /> CITY OF SAINT ANTHONY <br /> THIS AGREEMENT is made and entered into by and between the Metropolitan Council (the <br /> "Council") and the city of Saint Anthony(the"Lendee"), each acting by and through its duly <br /> authorized officers. <br /> WHEREAS, it is in the best interests of the Metropolitan Council and a benefit to the <br /> metropolitan area to reduce excess inflow and infiltration("UI") into local sewer systems which <br /> discharge into the Metropolitan Disposal System, in order to reduce costs, increase system <br /> capacity, and delay the necessity to undertake capital improvements; and <br /> WHEREAS,the Metropolitan Council has allocated funds to be used for loans to communities <br /> serviced by the Metropolitan Disposal System in order to fund projects for the elimination of <br /> excessive community inflow and infiltration into the local sewer systems; and <br /> WHEREAS, it is in the best interests of the Lendee to reduce inflow and infiltration into its local <br /> • sewer system in order to increase capacity, reduce costs, and delay the necessity to undertake <br /> capital improvements; and <br /> WHEREAS,the Lendee is eligible to receive an InflowAnfiltration Control Program Loan and <br /> has submitted an application for a such a loan; and <br /> WHEREAS,the Council has reviewed the application and desires to assist the Lendee by the <br /> award of an Inflow/Infiltration Control Program Loan. <br /> NOW,THEREFORE, the Council and Lendee agree as follows: <br /> L LENDEE PERFORMANCE OF LOAN PROJECT <br /> 1.01 Loan Project Activities. The Lendee agrees to perform and complete in a <br /> satisfactory and proper manner the project as described in the Lendee's application for loan <br /> assistance("Loan Project"), incorporated in this agreement by reference, and in accordance with <br /> the terms and conditions of this agreement. Specifically,the Lendee agrees to perform the Loan <br /> Project described in Exhibit A, which is attached to and incorporated in this agreement. The <br /> Lendee may engage contractors to perform the Loan Project. However, the Lendee retains <br /> primary responsibility to the Council for performance of the Loan Project. <br />