EDA Resolution List
Resolution # Title Date
1 ESTABLISHING THE RICHFIELD ECONOMIC DEVELOPMENT AUTHORITY; AND APPROVING
CERTAIN MATTERS IN CONNECTION THEREWITH 05/15/17
2 APPROVING PROPOSED 2018 ECONOMIC DEVELOPMENT AUTHORITY BUDGET AND
CERTIFYING THE 2018 TAX LEVY 08/21/17
3 ESTABLISHING THE RICHFIELD ECONOMIC DEVELOPMENT AUTHORITY; ACCEPTING
TRANSFER OF CERTAIN PROJECTS AND PROGRAMS FROM THE HOUSING AND
REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, MINNESOTA; AND
APPROVING CERTAIN MATTERS IN CONNECTION THEREWITH 11/20/17
4 DESIGNATING U.S. BANK A DEPOSITORY OF FUNDS OF THE EDA OF RICHFIELD FOR THE
YEAR 2018 1/16/18
5 DESIGNATING CERTAIN SAVING AND LOAN ASSOCIATIONS, BANKS AND CREDIT UNIONS AS
DEPOSITORIES FOR THE INVESTMENT OF ECONOMIC DEVELOPMENT AUTHORITY OF
RICHFIELD FUNDS IN 2018 1/16/18
6 DESIGNATING CERTAIN FINANCIAL INSTITUTIONS AS DEPOSITORIES FOR THE
INVESTMENT OF ECONOMIC DEVELOPMENT AUTHORITY OF RICHFIELD FUNDS IN 2018
1/16/18
7 APPROVING PROPOSED 2019 ECONOMIC DEVELOPMENT AUTHORITY BUDGET AND
CERTIFYING THE 2019 TAX LEVY 8/20/18
8 AUTHORIZING REVISION OF THE 2018 BUDGET OF THE ECONOMIC DEVELOPMENT
AUTHORITY OF RICHFIELD 8/20/18
9 APPROVING THE ADOPTION OF AN INCLUSIONARY AFFORDABLE HOUSING POLICY
10/15/18
10 DESIGNATING U.S. BANK A DEPOSITORY OF FUNDS OF THE EDA OF RICHFIELD FOR THE
YEAR 2019 1/15/19
11 DESIGNATING CERTAIN SAVING AND LOAN ASSOCIATIONS, BANKS AND CREDIT UNIONS AS
DEPOSITORIES FOR THE INVESTMENT OF ECONOMIC DEVELOPMENT AUTHORITY OF
RICHFIELD FUNDS IN 2019 1/15/19
12 DESIGNATING CERTAIN FINANCIAL INSTITUTIONS AS DEPOSITORIES FOR THE
INVESTMENT OF ECONOMIC DEVELOPMENT AUTHORITY OF RICHFIELD FUNDS IN 2019
1/15/19
13 APPROVING THE ADOPTION OF A FAIR HOUSING POLICY 1/15/19
14 APPROVING PROPOSED 2020 ECONOMIC DEVELOPMENT AUTHORITY BUDGET AND
CERTIFYING THE 2020 TAX LEVY 8/19/19
15 AUTHORIZING REVISION OF THE 2019 BUDGET OF THE ECONOMIC DEVELOPMENT
AUTHORITY OF RICHFIELD 8/19/19
16 AMENDING THE BYLAWS OF THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF
RICHFIELD, MINNESOTA 1/21/20
Resolution # Title Date
17 DESIGNATING CERTAIN FINANCIAL INSTITUTIONS AS DEPOSITORIES FOR THE INVESTMENT
OF ECONOMIC DEVELOPMENT AUTHORITY OF RICHFIELD FUNDS IN 2020 1/21/20
18 DESIGNATING CERTAIN SAVING AND LOAN ASSOCIATIONS, BANKS AND CREDIT UNIONS AS
DEPOSITORIES FOR THE INVESTMENT OF ECONOMIC DEVELOPMENT AUTHORITY OF
RICHFIELD FUNDS IN 2020 1/21/20
19 DESIGNATING U.S. BANK A DEPOSITORY OF FUNDS OF THE EDA OF RICHFIELD FOR THE
YEAR 2020 1/21/20
20 DELEGATING EXECUTIVE DIRECTOR TO EXECUTE CERTAIN DOCUMENTS AND AUTHORIZE
EXPENDITURES ON BEHALF OF THE RICHFIELD ECONOMIC DEVELOPMENT AUTHORITY
1/21/20
21 AUTHORIZING THE EXECUTIVE DIRECTOR OF THE ECONOMIC DEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF RICHFIELD TO EXTEND CONTRACTS AND AGREEMENTS 3/16/20
22 IMPLEMENTING A COVID-19 SMALL BUSINESS ASSISTANCE FORGIVABLE LOAN PROGRAM
4/20/20
23 APPROVING A MASTER AMENDMENT AGREEMENT WITH AEON SEASONS PARK LLC
RELATED TO AN AFFORDABLE HOUSING PROJECT IN THE CITY OF RICHFIELD AND TAKING
OTHER ACTIONS IN CONNECTION THEREWITH 6/15/2020
24 APPROVING PROPOSED 2021 ECONOMIC DEVELOPMENT AUTHORITY BUDGET AND
CERTIFYING THE 2021 TAX LEVY 8/17/2020
25 AUTHORIZING REVISION OF THE 2020 BUDGET OF THE ECONOMIC DEVELOPMENT
AUTHORITY OF RICHFIELD 8/17/2020
26 APPROVING PROPOSED 2021 ECONOMIC DEVELOPMENT AUTHORITY BUDGET AND
CERTIFYING THE 2021 TAX LEVY 9/21/2020
27 IMPLEMENTING A COVID-19 SMALL BUSINESS ASSISTANCE FORGIVABLE LOAN PROGRAM
9/21/2020
28 IMPLEMENTING A DISPLACED BUSINESS GRANT PROGRAM 12/21/2020
29 DESIGNATING CERTAIN FINANCIAL INSTITUTIONS AS DEPOSITORIES FOR THE INVESTMENT
OF ECONOMIC DEVELOPMENT AUTHORITY OF RICHFIELD FUNDS IN 2021 1/19/2021
30 DESIGNATING CERTAIN SAVING AND LOAN ASSOCIATIONS, BANKS AND CREDIT UNIONS AS
DEPOSITORIES FOR THE INVESTMENT OF ECONOMIC DEVELOPMENT AUTHORITY OF
RICHFIELD FUNDS IN 2021 1/19/2021
31 DESIGNATING U.S. BANK A DEPOSITORY OF FUNDS OF THE EDA OF RICHFIELD FOR THE
YEAR 2021 1/19/2021
32 APPROVING THE ADOPTION OF AMENDMENTS TO THE INCLUSIONARY AFFORDABLE
HOUSING POLICY 4/19/2021
33 APPROVING PROPOSED 2022 ECONOMIC DEVELOPMENT AUTHORITY BUDGET AND
CERTIFYING THE 2022 TAX LEVY 8/16/2021
Resolution # Title Date
34 AUTHORIZING REVISION OF THE 2021 BUDGET OF THE ECONOMIC DEVELOPMENT
AUTHORITY OF RICHFIELD 8/16/21
35 RESOLUTION GRANTING AN EXTENSION TO REPAYMENT OBLIGATIONS AND INTEREST
ACCRUALS RELATED TO COVID-19 SMALL BUSINESS ASSISTANCE FORGIVABLE LOAN
PROGRAM 12/20/2021
36