1999 HRA Resolution 0709
HRA RESOLUTION NO. 709
RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT 7608
PILLSBURY AVENUE FOR REDEVELOPMENT
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 Redevelopment Project Area heretofore adopted by the City of Richfield (City)
and the HRA, said real property being described as follows:
7608 Pillsbury Avenue: The east 121.99 feet of Lot 2, Block 4 R.C.SoensAddn.; and
WHEREAS
, the HRA is authorized by Minnesota Statutes Section 469.012 to acquire
real property within its area of operation; and
WHEREAS
, the property meets requirements for acquisition; and
WHEREAS
, the purchase price is based on an appraisal; and
WHEREAS
, funds 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 price of 7608 Pillsbury Avenue is approved at $109,000.
2.Relocation benefits be made available according to State Statute.
3.That the Chairperson and Executive Director are authorized to execute a purchase
agreement and other documents to effectuate purchase for the amount set forth in
this resolution.
Adopted by the Housing and Redevelopment Authority in and for the City of Richfield,
Minnesota this 19th day of April, 1999.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary