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1998 HRA Resolution 0691 HRA RESOLUTION NO. 691 RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 6820 RUSSELL AVENUE TO THOMAS J. MAUER CONSTRUCTION, 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 6820 Russell AvenueLot 6 and the South 1/2 of Lot 5, Block 3 Tingdale Bros. Lincoln Hills Third Addition 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 6820 Russell Avenue$36,000$36,000Thomas J. Mauer Construction 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 6820 Russell Avenue is authorized to be sold for $36,000 to Thomas J. Mauer Construction, Inc. 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 Thomas J. Mauer Construction, Inc. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 16th day of November, 1998. Thomas E. Harms, Chair ATTEST: Michael Sandahl, Secretary