1999 HRA Resolution 0714
HRA RESOLUTION NO. 714
RESOLUTION AUTHORIZING SALE OF REAL PROPERTY LOCATED AT 6228
PLEASANT AVENUE TO THOMAS ALLEN, INC. IN ACCORDANCE WITH A
DEVELOPMENT AGREEMENT
WHEREAS
, the Housing and Redevelopment Authority in and for the City of
Richfield Minnesota (HRA) desires to develop certain real property, said real property
being described as follows:
Address
6228 Pleasant Avenue
Legal Description
Lot 5 and the South 30 feet of Lot 4, Block 1, Kendale Addition
WHEREAS
, the HRA is authorized to sell real property within its area of operation
after public hearing; and
WHEREAS
, Thomas Allen, Inc., has been identified as the purchaser and
developer of the described property and in accordance with a development agreement;
and
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 6228 Pleasant Avenue is authorized to be sold for
$1.00 to Thomas Allen, Inc. in accordance with a development agreement with the
HRA.
2.That the HRA accept a $30,000 second mortgage lien executed by the buyer from
Thomas Allen, Inc.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 21st day of June, 1999.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary