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Resolution 554HOPKINS HOUSING AND REDEVELOPMENT AUTHORITY HENNEPIN COUNTY, MINNESOTA RESOLUTION 554 Adopt Revised Procurement Policy 2024 WHEREAS, the Hopkins Housing and Redevelopment Authority (HRA) endeavors to provide for a procurement system of quality and integrity; and WHEREAS, the HRA seeks to provide for the fair and equitable treatment of all persons or firms involved in purchasing by the HRA; and WHEREAS, the HRA intends to ensure that supplies and services are procured efficiently, effectively, and at favorable and valuable prices to the HRA; and WHEREAS, the HRA seeks to promote competition in contracting; and WHEREAS, the HRA intends to ensure that the HRA purchasing actions are compliant with applicable federal standards, HUD regulations and state and local laws; and WHEREAS, the HRA endeavors to encourage new opportunities, resident employment, resident owned businesses, and/or MBENIBE firms, and create partnerships with other nonprofits operating in the city that advance educational and other economic opportunities for HRA families NOW THEREFORE BE IT RESOLVED, by the Board of Commissioners of the Hopkins HRA, that the HRA shall adopt the proposed updates to the attached HRA procurement policy, thereby facilitating the HRA's continued commitment to the highest standards of compliance and ethics in its procurement practices. By: Patrick Hanlon, Board Chair ATTEST: MU$6 Mo e Director