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Correspondence 1988 Waldron
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Correspondence 1988 Waldron
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2/18/2016 8:40:32 AM
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2/9/2016 1:02:47 PM
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. <br />� <br />� <br />� .. <br />On Npvember 10, 1g86 the Energy Resaurce Center received a rova <br />to provide low interest loans (both deferred and installment � <br />energy improvements for low and moderate income homeowners ��a� <br />Moundsview and Little Canada, <br />allotted for this pu�pose. The lfirst�l an made f�n�� Were <br />program was closed in April 1987. In July 1987 the ERC submitted <br />a revised proposal �o amend the <br />loans exclusivel p�°og�'am to pravide for� deferred <br />ERC be permitted ��o Aexpandntk�ey � rah rarn���osaY requested that the <br />suburban Ramsey County. �hi� �r��osalt was la �unicipali�ies in <br />September 2g� 19g7, p p pproved effe�tiv� <br />To date the Energy Resource Cen�er has committed $7.01,611 <br />loans. (The average loan amount is <br />$62,850 has been disbursed. #3,629.) Of this <br />work which is currentl in ��he difference is acco�tr�fi,�d <br />Y' pragress.) <br />Following is a breakdown showing what communities a�e <br />served: <br />Moundsview - 6 <br />I2oseville - � <br />White Bear Lake <br />Little Canada -- <br />New Brighton <br />Maplewood -- 1 <br />� 5 N. St. Paul - <br />5 Sh�review - 7. <br />1 <br />for 2g <br />amount, <br />for by <br />}�eing <br />In addition, there aze approximately 10 pending loan �pplica�ion, <br />Funcis remaining for commitment are <br />$101,611 in note reimbursements and $48�466 ($155,000 less <br />costs associated with origxnating the��a��s n re�.m.burs�ment for <br />remaining funds will be used up by ladns cur�entl Th� �4$'4�� in <br />Y pending. <br />
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