1999 HRA Resolution 0712
HRA RESOLUTION NO. 712
RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT
7545 PENN AVENUE FOR THE APARTMENT REMODELING PROGRAM
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 Apartment Remodeling Program said real property being described
as follows:
Address:
7545 Penn Avenue; and as further described on Exhibit D-1, attached.
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 all program requirements for acquisition; 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 price of 7545 Penn Avenue is approved at $25,196.
2.The Chairperson and Acting Executive Director are authorized to execute
purchase agreements and other documents to effectuate the 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 17th day of May, 1999.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary