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RES 25-02City of Elk River Housing and Redevelopment Authority Resolution 25-02 A Resolution Approving Compensation for HRA Commissioners WHEREAS, pursuant to the authority granted in Minnesota Statutes, Chapter 469, the City of Elk River, Sherburne County, Minnesota (the "City") established the Housing and Redevelopment Authority in and for the City of Elk River, Minnesota ("HRA") to serve the City for the purposes as prescribed in Minnesota Statutes, Section 469.001, as amended; and WHEREAS, Minnesota Statutes, Section 469.011, Subdivision 4 provides that each commissioner of a housing and redevelopment authority "may be paid up to $75.00 for attending each regular and special meeting of the authority"; and WHEREAS, the HRA desires to pay its commissioners; and WHEREAS, commencing May 1, 2025, commissioners of the HRA will begin receiving payment at the rate of $75.00 for attending each regular and special meeting of the HRA, in an amount not to exceed $900 per year; and WHEREAS, adoption of this resolution will formally approve payment of compensation to the HRA Commissioners. NOW, THEREFORE BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Elk River, Minnesota that commencing May 1, 2025, HRA commissioners shall be paid at the rate of $75.00 for attending each regular and special meeting of the authority, in an amount not to exceed $900 per year. Passed and adopted this Th day of April, 2025. Denny Chuba, esident ATTEST: Brent O'Neil Executive Director