2015-14H HRA ResolutionMOUND HOUSING AND REDEVELOPMENT AUTHORITY
RESOLUTION NO. 15-14H
RESOLUTION AUTHORIZING THE EXECUTION AND DELIVERY OF A
MANAGEMENT AGREEMENT WITH COMMON BOND HOUSING FOR THE
PERIOD JANUARY 1, 2016 THROUGH DECEMBER 31, 2016
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 Housing (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 Acting 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 24`h day of November, 2015
Chair Mark Wegscheid
Attest: Catherine Catherine Pausche, Clerk
Exhibit A
Management Agreement Between Mound Housing and Redevelopment Authority and Common
Bond Housing