04-20 HRA Resolution No. 1358
HRA RESOLUTION NO. 1358
RESOLUTION AUTHORIZING THE EXECUTIVE DIRECTOR OF THE HOUSING AND
REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD TO EXTEND
DEADLINES IN EXISTING CONTRACTS
WHEREAS, the Board of Commissioners (the “Board”) of the Housing and Redevelopment
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, the spread of COVID-19 in the State of Minnesota has created disruptions in
the local markets, including the financial and construction markets, which has caused developers
to request extensions of deadlines in their contracts with the Authority; and
WHEREAS, due to these disruptions, the Authority proposes to authorize the Executive
Director to extend performance deadlines in all contracts regardless of the monetary value of such
contracts for all delays caused by the COVID-19 pandemic for up to one hundred and twenty (120)
days with the option of providing another sixty (60) day extension if the circumstances at the time
warrant an additional extension;
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 Executive Director is hereby authorized, on behalf of the Authority, to extend
performance dates in all contracts regardless of the monetary value of such contracts,
all without prior action by the Board, to the extent necessary to allow for performance
under the contracts. Such extensions may be for up to one hundred and twenty (120)
days with the option of providing another sixty (60) day extension if the circumstances
at the time warrant an additional extension.
2. This resolution shall be in full force and effect as of the date hereof.
Adopted by the Housing and Redevelopment Authority in and for the City of Richfield,
th
Minnesota this 20 day of April, 2020.
Mary B. Supple, Chair
Maria Regan Gonzalez, Secretary