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1998 HRA Resolution 0674 HRA RESOLUTION NO. 674 RESOLUTION AUTHORIZING EXECUTION OF A CONTRACT WITH HENNEPIN TECHNICAL COLLEGE (HTC) FOR DEVELOPMENT OF 6241-14TH AVENUE WHEREAS , the City purchased the property at 6241-14th Avenue, by voluntary acquisition, and conveyed to the HRA for the purpose of redevelopment, said property legally described as: Lot 17, Block 1, Nokomis Gardens Rearrangement of Blocks 1, 2, 3, 4, and 5 Girard Parkview; and WHEREAS , a project has been proposed as a cooperative effort between the HRA and HTC; and WHEREAS , the property at 6241-14th Avenue would be developed with a new single family home and two car garage; and WHEREAS , the cost for constructing a new home and garage in accordance with the plans and specifications is expected to cost $93,000; and WHEREAS , following completion of construction the property will be sold to a moderate income, first time buying family. NOW, THEREFORE, BE IT RESOLVED , by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota that the HRA Chairperson and Executive Director are authorized to enter into a Construction Agreement with HTC for an amount not to exceed $93,000 for the construction of a new home and garage at 6241-14th Avenue. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 20th day of July, 1998. Thomas E. Harms, Chair ATTEST: Michael Sandahl, Secretary