1998 HRA Resolution 0661
HRA RESOLUTION NO. 661
RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY AT
250 WEST 78TH STREET
WHEREAS
, the Housing and Redevelopment Authority in and for the City of
Richfield (HRA) has acquired property at 250 W. 78th Street legally described as that
part of section 34, Township 28, Range 24 described as follows:
Beginning at a point 120 feet Northerly, as measured at right angles, of a
point upon the South line of Section 34, Township 28 North, Range 24
which is 91 feet Westerly of the Southeast corner of the Southwest
Quarter of the Southwest Quarter (SW 1/4 SW 1/4) of said Section 34;
thence North 540 feet; thence East 66 feet to a point on the Westerly
railroad right of way line; thence South along said Westerly right of way
line a distance of 540 feet, more or less, to a point 120 feet Northerly of
the South line of said Section 34; thence West to the point of beginning
(sometimes referred to as the Soo Line parcel located between 77th and
78th Streets and the railroad track and the former Lampert Lumber site);
and
WHEREAS
, the HRA has identified Candlewood Hotel Co. as a buyer of part of
the property; and
WHEREAS
, the portion of the property to be purchased by Candlewood Hotel
Co. is described as follows:
That part of the West 66 feet of the East 91 feet of the Southeast
Quarter of the Southwest Quarter of Section 34. Township 28, Range
24, which lies south of the North 222.80 feet thereof, except part taken
for Interstate Highway Number 494, according to the United States
Government survey thereof, Hennepin County, Minnesota; and
WHEREAS
, Candlewood Hotel Co. has agreed to purchase the property from
the HRA for $272,367; and
WHEREAS
, the HRA is authorized to sell real property within its area of
operation after a public hearing; and
WHEREAS
, the public hearing has been held after proper notice; and
WHEREAS
, the Planning Commission of the City of Richfield is required to
determine that the disposition of the property for project purposes is consistent with the
Comprehensive Plan.
HRA Resolution No. 661-2-
NOW, THEREFORE, BE ITRESOLVED
by the Housing and Redevelopment
Authority in and for the City of Richfield, Minnesota as follows:
1.A public hearing has been held on the sale of real property described
above.
2.The sale of property to Candlewood Hotel Co. for $272,367 is hereby
approved, contingent upon the Richfield Planning Commission adopting a
resolution finding the sale of the property to be consistent with the
Comprehensive Plan.
3.The Chairperson and Executive Director are authorized to execute any and
all agreements required to effectuate this resolution.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 16th day of March, 1998.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary