1999 HRA Resolution 0736
HRA RESOLUTION NO. 736
RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY
LOCATED AT 6241 14TH AVENUE
WHEREAS
, the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota (HRA) owns certain real property located at 6241 – 14th Avenue,
legally described as follows:
Lot 17, Block 1, Nokomis Gardens Rearrangement of Blocks 1, 2, 3, 4, and 5
GirardParkview, Hennepin County;
and
WHEREAS
, the HRA acquired the property so that Hennepin Technical College
(HTC) could construct a new single family home at 6241 – 14th Avenue, to be sold by
the HRA to a moderate income family; and
WHEREAS
, the Williams-Sims family has been identified as eligible purchasers
for 6241 – 14th Avenue; and
WHEREAS
, the conditions of the sale include a total sale price of $155,000; a
lien of $41,000 payable to the HRA; $2,000 earnest money; and the balance from down
payment and a first mortgage payable to the lender; and
WHEREAS
, the sale of 6241 – 14th Avenue may be authorized by the HRA
following a public hearing which considers the disposition of the property; and
WHEREAS
, that hearing has been held following proper publication of notice.
NOW, THEREFORE, BE ITRESOLVED
by the Housing and Redevelopment
Authority in and for the City of Richfield, Minnesota that the HRA Chairperson and
Executive Director are authorized to execute the purchase agreement and other
required documents so that the disposition of HRA owned property at 6241 – 14th
Avenue may occur as presented herein.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 18th day of October, 1999.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary