1997 HRA Resolution 0650
HRA RESOLUTION NO. 650
RESOLUTION AUTHORIZING PURCHASE
OF REAL PROPERTY LOCATED AT
7532 GIRARD AVENUE
FOR THE RICHFIELD REDISCOVERED PROGRAM
WHEREAS
, the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota (HRA) desires to purchase certain real property pursuant to and in
furtherance of the Richfield Rediscovered Redevelopment Project (Project) heretofore
adopted by the City of Richfield (City) and the HRA, said real property being described
as follows:
7532Girard Avenue
Lot 9, Block 18, Irwin Shores Addition
Except that part taken by Highway 35W
WHEREAS
, the HRA is authorized by Minnesota Statutes Section 469.012 to
acquire real property within its area of operation; and
WHEREAS
, the property meets all program requirements for acquisition; and
WHEREAS
, the HRA is able to purchase the property at a discount of 8% below
the estimated market value; and
WHEREAS
, funds have been provided by the HRA and are available for
acquisition.
NOW, THEREFORE, BE ITRESOLVED
by the Richfield Housing and
Redevelopment Authority:
1.The purchase price for 7532 Girard Avenue is approved at $65,000.
2.The HRA Chairperson and Executive Director are authorized to execute a
Purchase Agreement and other documents to effectuate purchase for the
amount set forth in this resolution.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 15th day of December, 1997.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary