1998 HRA Resolution 0685
HRA RESOLUTION NO. 685
RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT
6228 PLEASANT AVENUE, 6833 PENN AVENUE AND 6855 PENN AVENUE
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 properties being
described as follows:
6228 Pleasant Avenue: Lot 5 and the south 30 feet of lot 4, Block 1, Kendale
Addition
6833 Penn Avenue: Lot 11, Block 9, Tingdale Bros. Lincoln Hills Addition
6855 Penn Avenue: Lots 10 and 11 Subject to Road, Block 9, Wood Lake
Highlands Addition
WHEREAS
, the HRA is authorized by Minnesota Statutes Section 469.012 to
acquire real property within its area of operation; and
WHEREAS
, the properties meet all program requirements or acquisition; and
WHEREAS
, the HRA has negotiated purchase prices with the owners based on
estimated market values; and
WHEREAS
, funds have been provided by the HRA and are available for
acquisition.
NOW, THEREFORE, BE ITRESOLVED
by the Housing and Redevelopment
Authority in and for the City of Richfield, Minnesota.
1. The purchase prices are approved as follows:
AddressPurchase Price
6228 Pleasant Avenue$52,200
6833 Penn and 6855 Penn Avenue$200,000
2. That the Chairperson and Executive Director are authorized to execute
Purchase Agreements and other documents to effectuate purchases for the amounts
set forth in this resolution.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 19th day of October, 1998.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary