Key: (1) language to be deleted (2) new language
Laws of Minnesota 1987 RESOLUTION 7-H.F.No. 575 A resolution memorializing the President and Congress to immediately direct the Farmers Home Administration to participate in and cooperate with the Farmer-Lender Mediation Program in the State of Minnesota. WHEREAS, the State of Minnesota has established a Farmer-Lender Mediation program which is mandatory for private lenders in Minnesota who wish to enforce a security agreement secured by agricultural property; and WHEREAS, mediation protects the interests of lenders while affording farmers an opportunity to contend in a rational manner with the catastrophe facing them in the farm economy; and WHEREAS, the primary purpose of the Farmer-Lender Mediation Program is to facilitate improved communication between farmers and lenders; and WHEREAS, over 5,000 mediation cases have been negotiated and settled or are in progress at the time this resolution is being considered; and WHEREAS, the Farmer-Lender Mediation Program has proven highly successful at bringing farmers and lenders together to resolve conflicts in a positive, constructive manner; and WHEREAS, the Farmers Home Administration currently holds approximately 10,500 farm accounts in Minnesota; and WHEREAS, about 2,950 of the farm accounts held by Farmers Home Administration in Minnesota are in arrears or in default; and WHEREAS, the Farmers Home Administration has failed and refused to cooperate with the Farmer-Lender Mediation Program in the State of Minnesota; NOW, THEREFORE, BE IT RESOLVED by the Legislature of the State of Minnesota that the Congress of the United States should immediately enact and the President of the United States should approve legislation directing the Farmers Home Administration to participate in and cooperate with the Farmer-Lender Mediation Program in the State of Minnesota. BE IT FURTHER RESOLVED that the Secretary of State of the State of Minnesota is directed to transmit certified copies of this memorial to the President of the United States, the President and Secretary of the United States Senate, the Speaker and Chief Clerk of the United States House of Representatives, the Chairman of the Committee on Agriculture, Nutrition, and Forestry of the United States Senate, the Chairman of the Committee on Agriculture of the United States House of Representatives, the Minnesota Representatives and Senators in Congress, the United States Secretary of Agriculture, the Assistant Secretary of Agriculture for Rural Development, and the Minnesota State Director for the Farmers Home Administration. Filed May 14, 1987
Official Publication of the State of Minnesota
Revisor of Statutes