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1999 HRA Resolution 0721 HRA RESOLUTION NO. 721 RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 7520 COLFAX 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 7520Colfax AvenueLot 6, Block 22, Irwin Shores 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 a development agreement negotiated as follows: Performance AddressSale Price SecurityBuilder 7520Colfax Avenue$35,000$35,000Steven 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 7520 Colfax Avenue is authorized to be sold for $35,000 to Steven Marlin Grant Homes, Inc. 2.The Chairperson and Acting Executive Director are authorized to execute a Contract for Private Development and other agreements necessary to effectuate the sale to Steven Marlin Grant Homes, Inc. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 16th day of August, 1999. Thomas E. Harms, Chair ATTEST: Michael Sandahl, Secretary