1999 HRA Resolution 0705
HRA RESOLUTION NO. 705
RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY
LOCATED AT 7432 ALDRICH AVENUE
TO STEVEN MARLIN GRANT HOMES
WHEREAS
, the Richfield 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
7432 Aldrich AvenueLot 9, Block 11, Irwin Shores
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
7432 Aldrich Avenue$35,000$35,000Steven Marlin Grant
Homes, Inc.
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 7432 Aldrich Avenue Thomas Avenue is
authorized to be sold for $35,000 to Steven Marlin Grant Homes, Inc.
2.The Chairperson and Executive Director are authorized to execute a Contract for
Private Development and other agreements necessary to complete the
transaction.
Adopted by the Housing and Redevelopment Authority in and for the City of Richfield,
Minnesota this 15th day of March, 1999.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary