1999 HRA Resolution 0715
HRA RESOLUTION NO. 715
RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT
6537-14TH AVENUE FOR THE NEW HOME 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 New Home Program, said property being described as:
Lot 17, Block 4, Nokomis Gardens Rearrangement of Blocks 1, 2, 3, 4, and 5
GirardParkview; 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 all program requirements for acquisition; and
WHEREAS
, the HRA has caused an appraisal of 6537-14th Avenue to be made
by a qualified, independent professional real estate appraiser and has negotiated a
purchase price with the owner based on stated values; and
WHEREAS
, funds are available for acquisition.
NOW, THEREFORE, BE ITRESOLVED
by the Richfield Housing and
Redevelopment Authority:
1.The purchase price for 6537-14th Avenue is approved at $65,500.
2.The Chairperson and Acting Executive Director are authorized to execute a
Purchase Agreement or other documents to allow 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 21st day of June, 1999.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary