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03-16 EDA Resolution No. 21 EDA RESOLUTION NO. 21 RESOLUTION AUTHORIZING THE EXECUTIVE DIRECTOR OF THE ECONOMIC DEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD TO EXTEND CONTRACTS AND AGREEMENTS WHEREAS, the Board of Commissioners (the “Board”) of the Economic Development Authority in and for the City of Richfield, Minnesota (the “Authority”) has previously authorized the Executive Director of the Authority to approve and execute contracts and agreements on behalf of the Authority 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, in anticipation of pandemic or other emergencies resulting in local government closures or significant reductions in staff due to emergency protocols, the Authority proposes to authorize the Executive Director to extend performance dates in all contracts and agreements regardless of the monetary value of such contracts and agreements; and NOW, THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the Economic Development Authority in and for the City of Richfield, Minnesota as follows: 1. The Executive Director is hereby authorized, on behalf of the Authority, to extend performance dates in all contracts and agreements regardless of the monetary value of such contracts and agreements, all without prior action by the Board; provided, however, that the duration of such an extension shall equal the number of days that the City of Richfield has emergency staff reductions affecting staff position(s) receiving at least 50% of personnel funding through either the Richfield Housing and Redevelopment Authority or the Richfield Economic Development Authority, plus an additional 30 days. 2. This resolution shall be in full force and effect as of the date hereof. Adopted by the Economic Development Authority in and for the City of Richfield, th Minnesota this 16 day of March, 2020. Mary B. Supple, President John Stark, Executive Director