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1999 HRA Resolution 0711 HRA RESOLUTION NO. 711 RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 6824 PARK AND 6805 IRVING AVENUES TO WINDWOOD HOMES INC. AND 7315 THOMAS AVENUE TO STEVEN MARLIN GRANT HOMES, INC. 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 6824 Park AvenueThat part of Lot 1 lying south of the north 150 feet thereof and the north 1.3 feet of Lot 4, Block 3, Portland Avenue Acres Addn. 6805 Irving AvenueLot 9, Block 2, Tingdale Bros. Lincoln Hills Second Addn. 7315 Thomas AvenueLot 14, Block 4, Penn Lake Terrace First Addn. 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 development agreements negotiated as follows: Performance AddressSale PriceSecurityBuilder 6824 Park Avenue$34,000$34,000Windwood Homes Inc. 6805 Irving Avenue$34,000$34,000Windwood Homes Inc. 7315 Thomas Avenue$38,500$38,500Steven 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 6824 Park Avenue and 6805 Irving Avenues are authorized to be sold to Windwood Homes Inc. for $34,000 each, and 7315 Thomas Avenue is authorized to be sold for $38,500 to Steven Marlin Grant Homes, Inc. 2.The Chairperson and Acting Executive Director are authorized to execute Contracts for Private Development and other agreements necessary to complete the transactions. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 17th day of May, 1999. Thomas E. Harms, Chair ATTEST: Michael Sandahl, Secretary