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031626 EDA Reso 63EDA RESOLUTION NO. 63 RESOLUTION AMENDING THE BYLAWS OF THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF RICHFIELD, MINNESOTA WHEREAS, the Economic Development 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 Economic Development 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 Economic Development Authority in and for the City of Richfield, Minnesota that its Bylaws be amended as follows: Article V — Section 6 is amended to read: 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. Approval of Agenda 3. Approval of Minutes of Previous Meeting(s) 4. Open Forum 5. Presentations 6. Consent Calendar, including Approval of Claims 7. Consideration of items, if any Removed from Consent Calendar 8. Public Hearings 9. Resolutions 10. Other Business 11. Executive Director's Report 12. EDA Discussion Items 13. Adjournment Adopted by the Economic Development Authority in and for the CMJ of Richfield, Minnesota this 16th day of March 2026. President ATTEST: Executive Director