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01-21 HRA Resolution No. 1352 HRA RESOLUTION NO. 1352 RESOLUTION DELEGATING EXECUTIVE DIRECTOR TO EXECUTE CERTAIN DOCUMENTS AND AUTHORIZE EXPENDITURES ON BEHALF OF THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, MINNESOTA WHEREAS , the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (the “Authority”) was established by the City of Richfield, Minnesota (the “City”) in 1974 to support the long-term vitality of the City’s residential and commercial property; and WHEREAS , the Chair (or his or her designee) of the Authority and the Executive Director of the Authority execute all documents and contracts on behalf of the Authority for which action has been taken; and WHEREAS , the Authority has determined to authorize the Executive Director of the Authority to approve and execute documents or agreements on behalf of the Authority related to the routine business of the Authority or related to projects approved by the Board of Commissioners of the Authority (the “Board”) and potential future projects, including but not limited to professional services agreements, nondisclosure agreements, right of entry agreements, and consultant agreements, so long as such documents or agreements do not provide for the expenditure of funds in an aggregate amount of more than $50,000, all without prior action by the Authority; and WHEREAS , the Authority has also determined to authorize the Executive Director of the Authority to approve expenditures of funds in a maximum aggregate amount of $50,000 without prior action by the Authority; and WHEREAS , the Authority finds that the execution and approval of documents or agreements by the Executive Director and the expenditures of funds by the Executive Director as described herein will be beneficial to the affairs of the Authority; and NOW, THEREFORE, BE IT RESOLVED , by the Board of Commissioners of the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota as follows: 1. The approval and execution of the documents and agreements and the expenditure of funds on behalf of the Authority as described herein is hereby authorized and delegated to the Executive Director of the Authority. 2. All documents and agreements executed by the Executive Director of the Authority pursuant to the authority delegated by this resolution shall be reported to the Board. 3. All expenditures shall be reported to the Board, after expenditure, in the form of the Approval of Claims by the Authority at each of its regular meetings. 4. This resolution shall be in full force and effect as of the date hereof. HRA Resolution No. 1352 1 Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 21St day of January, 2020. Chair t I 1 VC-U/1/(A 0 , 1 Secretary HRA Resolution No. 1352 2