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2000 HRA Resolution 0762 HRA RESOLUTION NO. 762 RESOLUTION AUTHORIZING EXECUTION OF A CONTRACT WITH HENNEPIN TECHNICAL COLLEGE (HTC) FOR DEVELOPMENT OF 6812 QUEEN AVENUE WHEREAS , the City of Richfield purchased the property at 6812 Queen Avenue by voluntary acquisition, and conveyed it to the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (HRA) for the purpose of redevelopment, said real property being described as 6812 Queen Avenue South, and whose legal description is Lot 4, Block 2, Tingdale Bros. Lincoln Hills Third Addition; and WHEREAS , a project has been proposed as a cooperative effort between the HRA and HTC; and WHEREAS , the property at 6812 Queen Avenue would be developed with a new single family home and garage; and WHEREAS , the cost for constructing a new home and garage in accordance with the plans and specifications is expected to cost $126,000; and WHEREAS , following completion of construction, the property will be sold to a moderate income, first-time buying family. NOW, THEREFORE, BE ITRESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota that the Chairperson and Executive Director are authorized to enter into a Construction Agreement with HTC for an amount not to exceed $126,000 for the construction of a new home and garage at 6812 Queen Avenue. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 15th day of May 2000. Thomas E. Harms, Chair ATTEST: Michael Sandahl, Secretary