Title
RESOLUTION AMENDING ENERGY LOAN PROGRAM GUIDELINES AUTHORIZING LOANS FOR PRIVATE WATER AND SANITARY SEWER REPAIR OR REPLACEMENT.
Body
CITY PROPOSAL:
WHEREAS, pursuant to the authority of Laws of Minnesota, 1981, Chapter 223 (the "Act"), the city of Duluth established the Energy Loan Program (the "Program") for the purpose of making loans to property owners in the city to enhance energy conservation in the city which set forth various kinds of projects as defined therein to fulfill that purpose; and
Whereas, pursuant to Laws of Minnesota, 2002, Chapter 398, Section 10, the Act was amended to authorize the city to use excess Program funds for "other conservation programs" if all program bonds had been retired, no more bonds were to be issue and available funds were in excess of market demand for Program loans as the program exists; and
WHEREAS, the city has determined that all program bonds have been retired, nor more bonds were to be issue and available funds were in excess of market demand for Program loans as the program exists.
RESOLVED, that the city council finds that there is a need for the city to provide assistance to property owners to fund the repair or replacement of leaking and broken private water services and private sewer services and that the repair or replacement of such services will constitute energy conservation measures by reducing the cost of treating water in the city's water treatment system and will reduce problems caused by the escape of such water from the city's water system into the environment and will reduce the cost of sanitary sewage treatment by reducing I and I and will protect the environment by reducing the escape of sewage into the environment; and
RESOLVED FURTHER, that Section 1.02 (a) of the Energy Loan Program Guidelines Phase IV, adopted pursuant to Resolution No. 90-1022, is hereby amended to read as follows:
(a) To identify homes within the City where significant energy waste exists and can be reduced by ...
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