1998 HRA Resolution 0664
HRA RESOLUTION NO. 664
RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT
6921-12TH AVENUE TO KEY LAND HOMES AND 6320-15TH AVENUE TO
AFFORDABLE SUBURBAN HOUSING, INC.
WHEREAS
, the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota (HRA) desires to develop certain real property pursuant to and in
furtherance of the Richfield Rediscovered Program adopted by the HRA, said real
property being described as follows:
AddressLegal Description
6921 12th AvenueLot 6, Block 4
Richlands Addition
6320 15th AvenueLot 6, Block 2
Nokomis Gardens Rearrangement of
Blocks 1, 2, 3, 4, and 5, Girard Parkview
WHEREAS
, the HRA is authorized to sell real property within its area of
operation after a public hearing; and
WHEREAS
, the purchaser of the described property has been identified and a
development agreement negotiated as follows:
Performance
AddressSale PriceSecurityBuilder
6921 12th Avenue$33,000$33,000Key Land Homes
6320 15th Avenue$1.00$27,000Affordable Suburban
Housing
WHEREAS
, a public hearing has been held after proper public notice.
NOW, THEREFORE, BE ITRESOLVED
by the Housing and Redevelopment
Authority in and for the City of Richfield:
1.A public hearing has been held and 6921-12th Avenue is authorized to be sold
for $33,000 to Key Land Homes, and 6320-15th Avenue is authorized to be sold
for $1.00 to Affordable Suburban Housing.
2.The Chairperson and Executive Director are authorized to execute a Contract
for Private Development and other agreements as required to effectuate the
sales to Key Land Homes and Affordable Suburban Housing.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 20th day of April, 1998.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary