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031725 HRAREGULAR HOUSING AND REDEVELOPMENT AUTHORITY MEETING RICHFIELD MUNICIPAL CENTER, COUNCIL CHAMBERS MARCH 17, 2025 7:00 PM Call to Order Elect officers for the Richfield Housing and Redevelopment Authority for 2025. Staff Report No. 7 Open Forum Please refer to the HRA agenda and minutes web page for additional ways to submit comments. Appr oval of t he M inut es Approval of the minutes of the Regular Housing and Redevelopment Authority meeting of February 18, 2025. PRESENTATIONS 1. 2024 Housing and Redevelopment Authority and Economic Development Authority Year in Review. AGENDA APPROVAL 2. Approval of the Agenda 3.Consent Calendar contains several separate items which are acted upon by the HRA in one motion. Once the Consent Calendar has been approved, the individual items and recommended actions have also been approved. No further HRA action on these items is necessary. However, any HRA Commissioner may request that an item be removed from the Consent Calendar and placed on the regular agenda for HRA discussion and action. All items listed on the Consent Calendar are recommended for approval. A. Consider resolutions designating official depositories for the Housing and Redevelopment Authority for 2025, including the approval of collateral. Staff Report No. 8 4. Consideration of items, if any, removed from Consent Calendar RESOLUTIONS 5. Consider the adoption of a resolution amending the Bylaws of the Housing and Redevelopment Authority to clarify special meeting procedures. Staff Report No. 9 HRA DISCUSSION ITEMS 6. HRA Discussion Items EXECUTIVE DIRECTOR REPORT 7. Executive Director's Report CLAIMS 8. Claims 9. Adjournment Auxiliary aids for individuals with disabilities are available upon request. Requests must be made at least 96 hours in advance to the City Clerk at 612-861-9739. AGENDA SECTION: Call to Order AGENDA ITEM # STAFF REPORT NO. 7 HOUSING AND REDEVELOPMENT AUTHORITY MEETING 3/17/2025 LaTonia DuBois, Administrative AssistantREPORT PREPARED BY: EXECUTIVE DIRECTOR REVIEW: Melissa Poehlman, Executive Director 3/7/2023 ITEM FOR COUNCIL CONSIDERATION: Elect officers for the Richfield Housing and Redevelopment Authority for 2025. EXECUTIVE SUMMARY: The Bylaws of the Richfield Housing and Redevelopment Authority (HRA) provide that the HRA hold an annual meeting in March. The Bylaws further provide that the Chair, Vice Chair, and Secretary of the HRA be elected at this meeting. Officers for 2024 were: Erin Vrieze Daniels, Chair Gordon Hanson, Vice Chair Sean Hayford Oleary, Secretary RECOMMENDED ACTION: By motion: Elect officers for the Richfield Housing and Redevelopment Authority for 2025. BASIS OF RECOMMENDATION: A.HISTORICAL CONTEXT Provided in the Executive Summary. B.EQUITABLE OR STRATEGIC CONSIDERATIONS OR IMPACTS N/A C.POLICIES (resolutions, ordinances, regulations, statutes, exc): The HRA Bylaws provide for the election of officers. D.CRITICAL TIMING ISSUES: The HRA Bylaws require that an election of officers be held at the annual meeting in March. E.FINANCIAL IMPACT: N/A F.LEGAL CONSIDERATION: N/A ALTERNATIVE RECOMMENDATION(S): None. PRINCIPAL PARTIES EXPECTED AT MEETING: N/A HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting February 18, 2025 Chair Vrieze Daniels called the meeting to order at 7:00 PM in the Council Chambers. HRA Members Erin Vrieze Daniels, Chair; Mary Supple; Sean Hayford Oleary; Gordon Hanson; Present: John Young HRA Members Absent: None Staff Present: Melissa Poehlman, Executive Director; Julie Urban, Assistant Community Development Director; Mark McKinley, Administrative Assistant OPEN FORUM Chair Vrieze Daniels gave instructions on how to participate in the open forum, there were no participants. APPROVAL OF THE MINUTES MOTION: made by Supple, seconded by Young to approve the minutes of the Regular Housing and Redevelopment Authority meeting of January 21, 2025. Motion carried: 5-0 ITEM #1 APPROVAL OF THE AGENDA MOTION: made by Hanson, seconded by Hayford Oleary to approve the agenda. Motion carried: 5-0 ITEM #2 APPROVAL OF THE CONSENT CALENDAR Executive Director Poehlman presented the consent calendar. A.Consideration of the approval of a Second Amendment to the Preliminary Development Agreement with Penn Station Apartments LLLP for the development of 40 units of affordable housing at 6501- 25 Penn Avenue South. B.Consideration of a resolution authorizing the acceptance of environmental remediation funding through the Minnesota Brownfields Program by JO Companies, LLC for 6501-25 Penn Avenue South. CALL TO ORDER HRA Meeting Minutes February 18, 2025 MOTION: made by Young, seconded by Hayford Oleary to approve the Consent Calendar items 2A-B. Motion carried 5-0 ITEM #3 CONSIDERATION OF ITEMS, IF ANY, REMOVED FROM THE CONSENT CALENDAR None. ITEM #4 CONSIDERATION OF A CONTRACT FOR PRIVATE REDEVELOPMENT WITH HEMPEL REAL ESTATE, DBA HEMPEL HOLDINGS, LLC TO PROVIDE FINANCIAL ASSITANCE TOWARD THE ACQUISITION AND PRESERVATION OF THREE AFFORDABLE RENTAL COMMUNITIES. Assistant Community Development Director Urban presented the report and explained that Hempel Real Estate is still in the process of finalizing their principal lender, which could lead to substantive changes being brought back to the HRA. Chair Vrieze Daniels asked to clarify the changes to this staff report since their last discussion on the topic. Assistant Community Development Director Urban referenced added language to encourage Hempel to seek feedback from residents and include additional state rental assistance programs. Commissioner Supple expressed her support for these changes to support tenant voices. MOTION: made by Supple, seconded by Hayford Oleary to adopt a resolution approving the execution and delivery of a Contract for Private Redevelopment and Declaration of Restrictive Covenants with Hempel Real Estate, dba Hempel Holdings, LLC or a subsidiary thereof. Commissioner Young explained his support for this contract when considering the impact of potential displacement for 477 residents. Chair Vrieze Daniels expressed appreciation for the discussion around this topic. Commissioner Supple asked what the next steps are. Assistant Community Development Director Urban explained the next steps with Hempel’s goal of closing by March 31, 2025. Motion carried: 5-0 ITEM #5 HRA DISCUSSION ITEMS None. ITEM #6 EXECUTIVE DIRECTOR’S REPORT None. HRA Meeting Minutes February 18, 2025 ITEM #7 CLAIMS MOTION: made by Hanson, seconded by Supple that the following claims be approved: U.S. BANK 2/18/2025 HRA Checks #37191-37206 $57,963.54 Section 8 Checks #136485-136565 $210,938.77 TOTAL $268,902.31 Motion carried: 5-0 ITEM #8 ADJOURNMENT This meeting was adjourned by unanimous consent at 7:11 p.m. Date Approved: March 17, 2025 Erin Vrieze Daniels HRA Chair Mark McKinley Melissa Poehlman Administrative Assistant Executive Director AGENDA SECTION: Consent Calendar AGENDA ITEM # 3.A. STAFF REPORT NO. 8 HOUSING AND REDEVELOPMENT AUTHORITY MEETING 3/17/2025 Mary Bogie, Finance DirectorREPORT PREPARED BY: EXECUTIVE DIRE CTOR RE VIEW: Melissa Poehlman, Executive Director ITEM FOR COUNCIL CONSIDERATION: Consider resolutions designating official depositories for the Housing and Redevelopment Authority for 2025, including the approval of collateral. EXECUTIVE SUMMARY: In compliance with Minnesota statutes, the Housing and Redevelopment Authority of Richfield (HRA) must designate on an annual basis those financial institutions it does business with. The following resolutions for the HRA Board’s consideration, designate U.S Bank/4M Fund as a depository of HRA funds, and certain savings and loan associations, banks, credit unions and certain financial institutions as depositories for the investment of HRA funds. RECOMMENDED ACTION: By motion: Adopt the attached resolutions designating official depositories, with the understanding that the Housing and Redevelopment Authority could not invest in any of the depositories beyond the level of insurance coverage of the pledged collateral. BASIS OF RECOMMENDATION: A.HISTORICAL CONTEXT N/A B.EQUITABLE OR STRATEGIC CONSIDERATIONS OR IMPACTS Regular business transaction. C.POLICIES (resolutions, ordinances, regulations, statutes, exc): In accordance with Minnesota Statutes Section 118A.01 - 118A.06, the HRA of Richfield must designate financial institutions annually. The institutions must pledge the collateral over and above the amount of federal insurance, as public depositories. U.S. Bank acts as the banking institution in the HRA’s banking arrangement with the 4M Fund. Monies received, checks written, by the HRA, flow through U.S. Bank, however, at the end of each business day, any proceeds remaining in HRA U.S. Bank accounts are swept to the 4M Fund to be invested. Therefore, at the end of the business day the HRA accounts are zero, which means the collateral requirements of Minnesota Statutes Section 118A.03 are not required. Accordingly, U.S. Bank has met all other statutory requirements and should be considered as a depository for the HRA’s vendor accounts and all savings deposits. The HRA must also designate annually, certain savings and loan associations, banks, and credit unions as official depositories for deposit and investment of certain HRA funds. With approval of these official 3/7/2025 depositories, the HRA will be able to invest funds in these institutions, not exceeding the federal insurance of $250,000. Finally, a designation must be made for certain financial institutions as depositories for the investment of HRA funds for 2025. These institutions, such as investment brokerage firms, offer government securities in the manner required by law. These financial institutions include RBC Capital Markets, Raymond James & Associates, Northland Securities, Oppenheimer & Co., Principal Custody Solutions, Moreton Capital Markets, Pershing Wealth Solutions BNY Mellon and, and the 4M Fund. D.CRITICAL TIMING ISSUES: N/A E.FINANCIAL IMPACT: N/A F.LEGAL CONSIDERATION: The HRA is required by Minnesota Statute 118A.01 - 118A.06, to designate as a depository of funds, insured banks or thrift institutions. Any collateral so deposited is accompanied by an assignment pledged to the HRA in the amount specified in the attached resolutions. ALTERNATIVE RECOMMENDATION(S): None PRINCIPAL PARTIES EXPECTED AT MEETING: None ATTACHMENTS: Description Type Resolution Designating Certain Financial Institutions as Depositories Resolution Letter Resolution Designating US Bank as depository of funds Resolution Letter Resolution Designating Certain Saving And Loan Associations, Banks and Credit Unions as Depositories Resolution Letter RESOLUTION NO. 1500 RESOLUTION DESIGNATING CERTAIN FINANCIAL INSTITUTIONS AS DEPOSITORIES FOR THE INVESTMENT OF HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD FUNDS IN 2025 WHEREAS, the Housing and Redevelopment Authority of Richfield has money which is available for investment; and WHEREAS, different financial institutions offer different rates of return on investments; and WHEREAS, the Housing and Redevelopment Authority of Richfield shall purchase U. S. Treasury Bills, U. S. Treasury Notes and other such government securities in the manner required by law from the institution offering the highest rate to the Housing and Redevelopment Authority of Richfield providing greater flexibility in the investment program and maximize interest income thereon. NOW, THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment Authority of Richfield, Minnesota, in accordance with Minnesota Statutes, Sections 118A.01 – 118A.06, as follows: 1.It is hereby found and determined that it is in the best interest of the proper management of Housing and Redevelopment Authority of Richfield funds that certain financial institutions be designated as additional depositories for Housing and Redevelopment Authority of Richfield funds for 2025. 2.The following financial institutions designated as depositories for the Housing and Redevelopment Authority of Richfield funds: RBC Capital Markets Raymond James & Assoc. Principal Custody Solutions 4M Fund Northland Securities, Inc. Oppenheimer & Co. Moreton Capital Markets Pershing Wealth Solutions BNY Mellon 3.The Finance Director is hereby authorized to deposit the Housing and Redevelopment Authority of Richfield funds in any or all of the depositories herein designated. Such deposits may be made and withdrawn from time to time by the Finance Director’s judgment and as the interest of the Housing and Redevelopment Authority of Richfield dictates. 4.The investment of funds and the reporting thereof pursuant to this resolution shall be conducted in accordance with established policies regarding the investment of these funds. Adopted by the Housing and Redevelopment Authority of Richfield, Minnesota this 17th day of March, 2025. Chair ATTEST: Secretary RESOLUTION NO. 1501 RESOLUTION DESIGNATING U.S. BANK A DEPOSITORY OF FUNDS OF THE HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD FOR THE YEAR 2025 BE IT RESOLVED, by the Housing and Redevelopment Authority of Richfield as follows: That, in accordance with Minnesota Statutes, Section 118A.01- 118A.06, U.S. Bank be, and hereby is designated a depository of the funds of the Housing and Redevelopment Authority of Richfield, subject to modification and revocation at any time by said Housing and Redevelopment Authority, and subject to the following terms and conditions: The said depository shall not be required to give bonds or other securities for such deposits provided that the total sum thereof shall not at any time exceed in any depository the sums for which its deposits are insured under the Acts of Congress of the United States relating to insurance of bank deposits; but that in case such deposits in any such depository shall at any time exceed such insured sum, said depository shall immediately furnish bonds or other security for such excess according to law, approved by the Housing and Redevelopment Authority of Richfield. That said depository shall pay on demand all deposits therein; and shall pay all time deposits, at or after the end of the period for which the same shall be deposited, on demand. BE IT FURTHER RESOLVED, that there shall be maintained a general account in which shall be deposited all monies. The following officers or their facsimile signatures shall sign checks on this account; CHAIR EXECUTIVE DIRECTOR BE IT FURTHER RESOLVED, that all funds remaining in the account at the end of each business day will be transferred from U.S. Bank to the 4M Fund where funds deposited are invested and insured. Adopted by the Housing and Redevelopment Authority of Richfield, Minnesota this 17th day of March, 2025. Chair ATTEST: Secretary RESOLUTION NO. 1502 RESOLUTION DESIGNATING CERTAIN SAVING AND LOAN ASSOCIATIONS, BANKS AND CREDIT UNIONS AS DEPOSITORIES FOR THE INVESTMENT OF HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD FUNDS IN 2025 BE IT RESOLVED, by the Housing and Redevelopment Authority of Richfield, Minnesota: WHEREAS, pursuant to Minnesota Statutes, Sections 118A.01 – 118A.06, municipal funds may be deposited in any Savings and Loan Association, Bank or Credit Union which has its deposits insured by the Federal Deposit Insurance Corporation (FDIC), or National Credit Union Administration (NCUA); and WHEREAS, the amount of said deposits may not exceed the FDIC/NCUA insurance covering such deposits which insurance amount is presently $250,000; and WHEREAS, the deposit of Housing and Redevelopment Authority funds in Savings and Loan Associations and Banks would provide greater flexibility in the Housing and Redevelopment Authority’s investment program and maximize interest income thereon. NOW, THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment Authority of Richfield, Minnesota, as follows: 1.It is hereby found and determined that it is in the best interest of the proper management of Housing and Redevelopment Authority funds that certain Savings and Loan Association and Banks be designated as additional depositories for Housing and Redevelopment Authority funds for 2025. 2.It is further found and determined that the purpose of such depository designation is to facilitate the proper and advantageous investments of Housing and Redevelopment Authority funds and that such designation is not exclusive nor does it preclude the deposit of any Housing and Redevelopment Authority funds in other officially designated depositories of the Housing and Redevelopment Authority. 3.The Finance Director is hereby authorized to deposit Housing and Redevelopment Authority funds in various depositories up to the amount of $250,000, or such other amount as may be subsequently permitted by law, such deposits to be in the form of demand accounts, payable to the H ousing and Redevelopment Authority of Richfield on the signatures of the Housing and Redevelopment Authority Finance Director. Such deposits may be made and withdrawn from time to time by the Finance Director as his best judgment and the interests of the Housing and Redevelopment Authority dictates. 4.The investment of funds and the reporting thereof pursuant to this resolution shall be conducted in accordance with established policies of the Housing and Redevelopment Authority regarding the investment of Housing and Redevelopment Authority funds. Adopted by the Housing and Redevelopment Authority of Richfield, Minnesota this 17th day of March, 2025. Chair ATTEST: Secretary AGENDA SECTION: RESOLUTIONS AGENDA ITEM # 5. STAFF REPORT NO. 9 HOUSING AND REDEVELOPMENT AUTHORITY MEETING 3/17/2025 Melissa Poehlman, Executive DirectorREPORT PREPARED BY: EXECUTIVE DIRE CTOR RE VIEW: Melissa Poehlman, Executive Director ITEM FOR COUNCIL CONSIDERATION: Consider the adoption of a resolution amending the Bylaws of the Housing and Redevelopment Authority to clarify special meeting procedures. EXECUTIVE SUMMARY: A review of the Housing and Redevelopment Authority (HRA) Bylaws revealed that procedures related to attendance at a special meeting were ambiguous and could be interpreted to read that all members of the HRA must be present to conduct business. In consultation with the HRA Attorney, an amendment removing the ambiguous language has been proposed. Additionally, the amendment allows the Executive Director to call a special meeting and aligns the notification period with the statutory requirement to post special meetings at least three days in advance. RECOMMENDED ACTION: By Motion: Adopt a resolution amending the Bylaws of the Richfield Housing and Redevelopment Authority. BASIS OF RECOMMENDATION: A.HISTORICAL CONTEXT HRA Bylaws were last updated in 2022. B.EQUITABLE OR STRATEGIC CONSIDERATIONS OR IMPACTS N/A C.POLICIES (resolutions, ordinances, regulations, statutes, exc): HRA Bylaws are reviewed routinely to ensure they are meeting current practice and statutory requirements. D.CRITICAL TIMING ISSUES: While no special meetings are currently scheduled, it's important for procedures to be established for the conducting of business. E.FINANCIAL IMPACT: N/A F.LEGAL CONSIDERATION: HRA Legal Council has reviewed the proposed changes. 3/10/2025 ALTERNATIVE RECOMMENDATION(S): Approve a modified version of the attached resolution to better reflect the direction of the Authority. PRINCIPAL PARTIES EXPECTED AT MEETING: None ATTACHMENTS: Description Type Resolution Resolution Letter HRA Bylaws - Redline Exhibit HRA RESOLUTION NO. 1503 RESOLUTION AMENDING THE BYLAWS OF THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF RICHFIELD, MINNESOTA WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (Authority) has established Bylaws; and WHEREAS, from time to time it is appropriate for the Bylaws to be amended; and WHEREAS, in accordance with Minnesota State Statutes, the Housing and Redevelopment Authority (Authority) shall adopt Bylaws and other rules for the conduct of its affairs; and WHEREAS, in accordance with Minnesota State Statutes, the power of the Authority shall be vested in its commissioners; a majority of which shall constitute a quorum for all purposes; and WHEREAS, the Authority wishes to allow a special meeting to be called by the Executive Director; and WHEREAS, the Authority wishes to clarify that a quorum shall be sufficient to conduct business at all meetings, including special meetings, of the Authority and that notice to Authority Commissioners must be provided three days in advance of a special meeting. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota that its Bylaws be amended as follows: Article III – Section 3 is amended to read: Section 3. Special Meetings. Special meetings of the Authority may be called by the Chairperson, two members of the Authority, or the Executive Director for the purpose of transacting any business designated in the call. The call for a special meeting must be delivered in person or electronically to each member at least three days prior to the time of the proposed meeting. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 17th day of March 2025. _________________________________ Chair ATTEST: __________________________ Secretary BYLAWS OF THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, MINNESOTA ARTICLE I – THE AUTHORITY Section 1. Name of Authority. The name of the Authority shall be the “Housing and Redevelopment Authority in and for the City of Richfield, Minnesota.” Section 2. Seal of Authority. The seal of the Authority shall be in the form of a circle and shall bear the name of the Authority. Section 3. Office of Authority. The offices of the Authority shall be at City Hall in the City of Richfield, Minnesota, but the Authority may hold its meetings at such other place or places as it may designate by resolution. Section 4. Official Newspaper. The official newspaper shall be the official newspaper designated by the City as its official newspaper each year. Section 5. Composition of Membership. The Composition of Membership of the Authority shall be determined by the Mayor and City Council of the City of Richfield (City Council). Until and unless further amended by the Mayor and City Council, this Composition shall be as follows: a. In making appointments to the HRA commission, the Mayor will appoint commissioners with the approval of the City Council and shall designate two positions as ex-officio with voting rights, to be filled by two members of the City Council, which may include the Mayor. The term of office of an ex-officio commission member shall be set to coincide with the member's term as mayor or council member. b. The remaining three members of the HRA commission shall be residents of the City of Richfield and appointed by the Mayor with the approval of the City Council. The citizen members shall serve five-year terms commencing on March 1, which shall be staggered with citizen members being appointed on (i) March 1, 2022 for a two year term expiring February 28, 2024; (ii) March 1, 2022 for a four year term expiring February 28, 2026; and (iii) November 1, 2023 for a four and one-half year term expiring on February 29, 2028. Thereafter, all terms of citizen members shall be five years. Each vacancy of a citizen member unexpired term shall be filled for the remainder of the term for which the original appointment was made. c. No citizen member of the HRA commission shall be appointed to more than two consecutive terms on the commission. d. No citizen member, once appointed, may serve on any city advisory commission, except the Charter Commission, during the term of the HRA appointment. ARTICLE II – OFFICERS Section 1. Officers. The officers of the Authority shall be a Chairperson, a Vice- Chairperson, and a Secretary. Section 2. Chairperson. The Chairperson shall preside at all meetings of the Authority. Except as otherwise authorized by resolution of the Authority, the Chairperson shall sign all contracts, deeds, resolutions and other instruments made by the Authority. At each meeting the Chairperson shall submit such recommendations and information he or she may consider proper concerning the business, affairs and policies of the Authority. Section 3. Vice-Chairperson. The Vice-Chairperson shall perform the duties of the Chairperson in the absence or incapacity of the Chairperson; and in case of the resignation or death of the Chairperson, the Vice-Chairperson shall perform such duties as are imposed on the Chairperson until such time as the Authority shall select a new Chairperson. Section 4. Secretary. The Secretary shall perform the duties of a Secretary for the Authority. The Secretary shall perform the duties as the Chairperson in cases where both the Chairperson and Vice-Chairperson are absent or incapacitated. Section 5. Executive Director. The Authority shall employ an Executive Director who shall have general supervision over the administration of its business and affairs, subject to the direction of the Authority. He or she shall be charged with the management of the housing and redevelopment projects of the Authority. Regardless of who is appointed, the City Manager of the City of Richfield shall have ultimate authority in recommending an annual levy and budget. The Executive Director may designate an acting Executive Director during periods when he or she is absent or incapacitated. Section 6. Other Administrative Officers. The Authority may designate an assistant to the Secretary who shall keep the records of the Authority, shall act as recorder of the meetings of the Authority and record all votes, and shall keep a record of the proceedings of the Authority in a journal of proceedings to be kept for such purpose, and shall perform all duties incidental to his office. He or she shall keep in safe custody the seal of the Authority and shall have power to affix such seal to all contracts and instruments authorized to be executed by the Authority. The Authority may designate a Treasurer who shall have the care and custody of all funds of the Authority and shall deposit the same in the name of the Authority in such bank or banks as the Authority may select. The Executive Director and Treasurer shall sign all orders and checks for the payment of money and shall pay out and disburse such moneys under the direction of the Authority. Except as otherwise authorized by resolution of the Authority, all such orders and checks shall also be countersigned by the Chairperson. The Treasurer shall keep regular books of accounts showing receipts and expenditures and shall render to the Authority, at each regular meeting (or more often when requested), an account of his transactions and also of the financial condition of the Authority. He or she shall give such bond for the faithful performance of his duties as the Authority may determine ARTICLE III – MEETINGS Section 1. Annual Meeting. The annual meeting of the Authority shall be held at the regular meeting in March at 7:00 p.m. at the regular meeting place of the Authority. Section 2. Regular Meetings. Monthly meetings shall be held without notice at the regular meeting place of the Authority on the third Monday of each month, at 7:00 p.m. unless the same shall be a legal holiday, in which eve nt said meeting shall be held on the next succeeding secular day. Section 3. Special Meetings. Special meetings of the Authority may be called by the Chairperson, or two members of the Authority, or the Executive Director for the purpose of transacting any business designated in the call. The call for a special meeting must be delivered in person or electronically to each member at least three days prior to the time of the proposed meeting. may be delivered at any time prior to the time of the proposed meeting to each member of the Authority or may be mailed to the business or home address of each member of the Authority at least two (2) days prior to the date of such special meeting. At such special meeting no business shall be considered other than as designated in the call, but if all of the members of the Authority are present at a special meeting, any and all business may be transacted at such special meeting. Section 4. Quorum. The powers of the Authority shall be vested in the Commissioners thereof in office from time to time. Three Commissioners shall constitute a quorum for the purpose of conducting its business and exercising its powers and for all other purposes, but a smaller number may adjourn from time to time until a quorum is obtained. When a quorum is in attendance, action may be taken by the Authority upon a vote of a majority of the Commissioners present. 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.” Section 6. Order of Business. At the regular meetings of the Authority the following shall be the order of business: 1. Call to Order/Noting of Attendance 2. Open Forum 3. Approval of Minutes of Previous Meeting(s) 4. Presentations 5. Approval of Agenda 6. Consent Agenda 7. Public Hearings 8. Resolutions 9. Other Business 10. HRA Discussion Items 11. Executive Director’s Report 12. Approval of Claims 13. Adjournment All resolutions shall be in writing and shall be copied in the journal of the proceedings of the Authority. Section 7. Manner of Voting. The voting on all questions coming before the Authority shall be made verbally and the yeas and nays shall be entered upon the minutes of such meeting. Section 8. Combining Administrative Offices: Compensation. The compensation of the Executive Director and other personnel of the Authority shall be determined by the Authority. Any two or more administrative offices may be combined. Section 9. Additional Duties. The officers of the Authority shall perform such other duties and functions as may from time to time be required by the Authority or the Bylaws or rules and regulations of the Authority. Section 10. Election of Appointment. The first Chairperson shall, pursuant to this appointment, serve in the capacity of Chairperson until the expiration of his term of office as Commissioner. The Vice-Chairperson, Secretary and, except in the case of the First Chairperson, the Chairperson shall be elected at the annual meeting of the Authority from among the Commissioners of the Authority, and shall hold office for one year or until their successors are elected and qualified. The Executive Director shall be appointed by the Authority. Any person appointed to fill the office of Executive Director or any vacancy therein, shall have such term as the Authority fixes, but no Commissioner of the Authority shall be eligible for this office. Section 11. Vacancies. Should the office of Chairperson, Vice-Chairperson or Secretary become vacant, the Authority shall elect a successor from its membership at the next regular meeting, and such election shall be for the unexpired term of said office. Section 12. Additional Personnel. The Authority may from time to time employ or contract for such personnel as it deems necessary to exercise its powers, duties and functions as prescribed by the Municipal Housing and Redevelopment Law of Minnesota applicable thereto. Such personnel may be employees of the Authority, employees of other governmental organizations, or independent contractors. The selection and compensation of such personnel shall be determined by the Authority subject to the laws of the State of Minnesota. ARTICLE IV – AMENDMENTS Section 1. Amendments to Bylaws. The Bylaws of the Authority shall be amended only with the approval of at least three of the members of the Authority at a regular or a special meeting. Amended 04/21/80 Amended 01/21/86 Amended 12/15/86 Amended 08/18/03 Amended 02/18/14 Amended 09/17/18 Amended 01/15/19 Amended 01/21/20 Amended 02/23/22