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02-23-2022 EDA Resolution No. 39EDA RESOLUTION NO. 39 RESOLUTION AMENDING THE BYLAWS OF THE RICHFIELD ECONOMIC DEVELOPMENT AUTHORITY WHEREAS, the Richfield Economic Development Authority (Authority) has established Bylaws; and WHEREAS, from time to time it is appropriate for the Bylaws to be amended; and WHEREAS, the Authority wishes to change the date of their Annual Meeting from January to March to coincide with appointment terms; and WHEREAS, the Authority wishes to identify the Sturgis Standard Code of Parliamentary Procedure as the Rules of Order by which meetings shall be conducted; and WHEREAS, the Authority wishes to make minor corrections to terminology. NOW, THEREFORE, BE IT RESOLVED by the Richfield Economic Development Authority that its Bylaws be amended as follows: Article II – Section 1 is amended to read: Section 1. Number and Appointment of Commissioners. The Authority shall consist of a governing body of five commissioners (the “Board”). Two commissioners shall be members of the City Council and three commissioners shall be members at large. The terms of the commissioners who are also members of the City Council shall coincide with their terms of office as members of the City Council. The three at large commissioners shall be the three at large commissioners of the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (the “HRA”). The terms of the commissioners at large shall be six years. At any time an at large commissioner of the Authority is not also a commissioner of the HRA, such commissioner’s term on the Authority shall terminate. Article V – Sections 1 and 5 are amended to read: Section 1. Annual Meeting. The annual meeting of the Authority shall be held at the regular meeting in March immediately following the adjournment of the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota, which commences at 7:00 p.m. at the regular meeting place of the Authority. Section 5. Rules of Order. The meetings of the Authority shall be governed by the latest printed edition of “Sturgis Standard Code of Parliamentary Procedure.” Adopted by the Richfield Economic Development Authority this 23rd day of February 2022. _________________________________ Mary B. Supple, President ATTEST: ___________________________________ Julie Urban, Acting Executive Director