2014-05H HRA ResolutionMOUND HOUSING AND REDEVELOPMENT AUTHORITY
RESOLUTION NO. 14-05H
RESOLUTION AUTHORIZING THE EXECUTION AND DELIVERY OF A
MANAGEMENT AGREEMENT WITH COMMON BOND COMMUNITIES FOR
THE PERIOD JANUARY 1, 2015 THROUGH DECEMBER 31, 2015
WHEREAS, the Mound Housing and Redevelopment Authority of Mound, Minnesota (the
"HRA") owns and operates a 50 -unit low rent public housing project known as Indian Knoll
Manor (the "Project') in the city of Mound; and
WHEREAS, the HRA has requested the Common Bond Communities (the "Agent') to manage
the Project pursuant to Minnesota Statutes, Section 471.59, which provides that local
governmental units may by agreement jointly or cooperatively exercise any powers common to
them; and
WHEREAS, the HRA proposes to enter into a management agreement with the Agent pursuant
to which the Agent will manage the Project; and
WHEREAS, the Board of Commissioners has been fully informed as to the nature and content
of the proposed management agreement.
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Mound Housing
and Redevelopment Authority, that the Chair and Executive Director of the HRA are authorized
and directed to execute and deliver, on behalf of the HRA, a management agreement with the
Agent as presented in Exhibit A and made a part herein.
Adopted by the HRA this 91h day of December, 2014.
Chair Mark Hanus
Attest: Catherine Pausche, Clerk