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83-6826R52 RESOLUTION N0.6826 RESOLUTION MAKING THE FINDINGS REQUIRED BY LAWS OF MINNESOTA 1983, CHAPTER 197, AND AUTHORIZING THE IMPLEMENTATION OF AN ENERGY CONSERVATION PROGRAM WHEREAS, the City Council of the City of Richfield has approved Laws of Minnesota 1983,. Chapter 197 (the Act), which permits the city to develop and implement an energy .conservation program (the Program}; and h'HEREAS, available data, including results of an information survey, supports the findings which must be considered by the City Council as required by the Act; and WHEREAS, the City Council has authorized expenditure of $28,000 for the development of a Program; and WHEREAS, the results of program development indicate that. the city should provide a program of education, marketing and admin- istration to coordinate and promote loan and audit programs to im- prove the energy efficiency of Richfield homes; and WHEREAS, the Energy Awareness Commission of the city has en- dorsed the implementation of the Program. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota as follows: 1. It is found and determined that: -there is a continued need to reduce consumption of energy from nonrenewable petroleum based resources; -there are housing units within the jurisdiction of the city which are in need of energy improvements and energy rehabilitation; -private sources of financing are not reasonably avail- able to .provide the needed loans for energy improve- ments and energy rehabilitation; -the types of~energy improvements and energy rehabilitation will reduce the consumption of energy from nonrenewable petroleum based resources or from nuclear sources. 2. It is further found and determined that: -home repairs and improvements result in a cost effective reduction in energy use; -there is a need to reduce energy consumption in Rich- field homes; -financing is not readily available from private market sources at rates similar to loans provided through tax exempt financing. 3. 4. 5. The program as pr to in Council Let Act, is establish The authorized ex that $3,250 be ex in 1985 as part o and as referred t authorized by the sed by No . in the city staff, and as referred and as authorized by the city . nditure of $28,000 be modified so nded in 1984 and $3,250 be expended the program proposed by city staff, in Council Letter No. , and as ct. The city does not 'intend to administer energy improve- ment or energy rehi~abilitati.on loans at this time, but intends ta~make suc~lh loans a part of the Program in the event MHFA funds acre insufficient for the present purpose of local lenders.' In the event that the request of local lenders for MHFA funds is reduced, the city manager is authorized and dir!,ected to apply to MHFA for additional program funds to b'ie originated by local lenders. Modi- fications to this !resolution will be made in accordance with the Act to au~rthorize the city to administer its own loan program, 'should it be determined appropriate at some future time. 6. The city manager i!s authorized and directed to apply. to the Minnesota Energy and Economic Development Author- ity for a grant of!,$367 to promote the Minnesota Energy Conservation Service Audit. Passed by the city council of the city of Ri day of October, 1983. ,~ ,/, ATTEST: f yl 'a R. erg Cit le~ field this 10th