06-987r
HRA RESOLUTION NO. 987
RESOLUTION AUTHORIZING SALE OF REAL PROPERTY
TO RYAN COMPANIES US, INC.
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota (the "HRA") desires to develop certain real property in accordance
with a Contract for Private Development with Ryan Companies US, Inc. (the "Developer"),
dated July 27,2006 (the "Contract") and an amended First Amendment, dated June 30,
2006, (collectively, the "Contract") said real property described in the attached Exhibit A;
and
WHEREAS, the HRA is authorized to sell real property within its area of operation
after public hearing; and
WHEREAS, a public.hearing has been held after property public notice.
NOW, THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment
Authority in and for the City of Richfield:
1. A public hearing has been held and the real property listed in the attached Exhibit A
is authorized to be sold to the Developer in accordance with the Contract.
2. The Chairperson and Executive Director are authorized to execute the necessary
documents or other agreements as required to effectuate the sale to the Developer.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 17th day of July, 2006.
ATTEST:
~~ c::rJ~
Donna Drummond, Secretary
EXHIBIT A
Legal Descriptions of Properties
Portions of 6301-6539 All those parts of Lots 1 through 10 inclusive, Block 1, and Lots 1
Cedar Avenue South through 12, inclusive, Block 8, and Lots 3 through 12 inclusive, Block
15, according to the recorded plat thereof, Hennepin County,
Minnesota; lying westerly of the following described line:
Beginning at the West Quarter Corner of Section 25, Township 28
North, Range 24 West, Hennepin County, Minnesota; thence northerly
along the west line of the Northwest Quarter of said Section 25, North
00 degrees 12 minutes 36 seconds East, a distance of 116.80 feet;
thence North 41 degrees 00 minutes 23 seconds East, a distance of
22.55 feet; thence North 04 degrees 38 minutes 15 seconds East, a
distance of 459.06 feet; thence North 08 degrees 28 minutes 23
seconds East, a distance of 188.35 feet; thence North 03 degrees 59
minutes 48 seconds East, a distance of 1019.41 feet; thence North 00
degrees 10 minutes 57 seconds East, a distance of 64.46 feet to the
north line of Lot 3, Block 15 of said NEW FORD TOWN.
1820 66th Street E Lots 1, 13, and the South 50 feet of Lot 2, Block 1, Iverson's Third
Addition, Hennepin County Minnesota, except portion required for
roadway
1800 66th Street E Lot 14, Block 1, Iverson's Third Addition, Hennepin County, Minnesota,
except portion required for roadway
1720 66th Street E Lot 1, Block 4, Iverson's Third Addition, Hennepin County, Minnesota,
except portion required for roadway
1714 66th Street E Lot 2, Block 4, Iverson's Third Addition, Hennepin County, Minnesota,
except portion required for roadway
1708 66th Street E Lot 3, Block 4, Iverson's Third Addition, Hennepin County, Minnesota,
except portion required for roadway
1700 66th Street E Lot 4, Block 4, Iverson's Third Addition, Hennepin County, Minnesota,
except portion required for roadway
6328 Cedar Avenue S Lot 3 and the North 40 feet of Lot 2, Block 3, Iverson's Third Addition,
Hennepin County, Minnesota
6344 Cedar Avenue S Lot 1 and the South 60 feet of lot 2, Block 3, Iverson's Third Addition,
Hennepin County, Minnesota
6400 Cedar Avenue S Lot 6, Block 2, Iverson's Third Addition, Hennepin County, Minnesota
6412 Cedar Avenue S Lots 4, 5, and the North % of Lot 3, Block 2, Iverson's Third Addition,
Hennepin County, Minnesota
6444 Cedar Avenue S Lots 1, 2 and the South % of Lot 3, Block 2, Iverson's Third Addition,
Hennepin County, Minnesota
6520 Cedar Avenue S Lot 4 and the South 71 feet of Lot 5, Block 1, Iverson's Third Addition,
Hennepin County, Minnesota
6315 18th Avenue S Lot 9, Block 3, Iverson's Third Addition, Hennepin County, Minnesota
6321 18th Avenue S Lot 10, Block 3, Iverson's Third Addition, Hennepin County, Minnesota
6327 18th Avenue S Lot 11, Block 3, Iverson's Third Addition, Hennepin County, Minnesota
6333 18th Avenue S Lot 12, Block 3, Iverson's Third Addition, Hennepin County, Minnesota
6339 18th Avenue S Lot 13, Block 3, Iverson's Third Addition, Hennepin County, Minnesota
6345 18th Avenue S Lot 14, Block 3, Iverson's Third Addition, Hennepin County, Minnesota
6401 18th Avenue S Lot 7, Block 2, Iverson's Third Addition, Hennepin County, Minnesota
6409 18th Avenue S Lot 8, Block 2, Iverson's Third Addition, Hennepin County, Minnesota
6415 18th Avenue S Lot 9, Block 2, Iverson's Third Addition, Hennepin County, Minnesota
6421 18th Avenue S Lot 10, Block 2, Iverson's Third Addition, Hennepin County, Minnesota
6427 18th Avenue S Lot 11, Block 2, Iverson's Third Addition, Hennepin County, Minnesota
6433 18th Avenue S Lot 12, Block 2, Iverson's Third Addition, Hennepin County, Minnesota
6439 18th Avenue S Lot 13, Block 2, Iverson's Third Addition, Hennepin County, Minnesota
6445 18th Avenue S Lot 14, Block 2, Iverson's Third Addition, Hennepin County, Minnesota
6509 18th Avenue S Lot 8, Block 1, Iverson's Third Addition, Hennepin County, Minnesota
6515 18th Avenue S Lot 9, Block 1, Iverson's Third Addition, Hennepin County, Minnesota
6521 18th Avenue S Lot 10, Block 1, Iverson's Third Addition, Hennepin County, Minnesota
6527 18th Avenue S Lot 11, Block 1, Iverson's Third Addition, Hennepin County, Minnesota
6533 18th Avenue S Lot 12, Block 1, Iverson's Third Addition, Hennepin County, Minnesota
6314 18th Avenue S Lot 14, Block 6, Iverson's Third Addition, Hennepin County, Minnesota
6320 18th Avenue S Lot 13, Block 6, Iverson's Second Addition, Hennepin County,
Minnesota
6326 18th Avenue S Lot 12, Block 6, Iverson's Second Addition, Hennepin County,
Minnesota
6332 18th Avenue S Lot 11, Block 6, Iverson's Second Addition, Hennepin County,
Minnesota
6344 18th Avenue S Lot 9, Block 6, Iverson's Second Addition, Hennepin County, Minnesota
6400 18th Avenue S Lot 16, Block 5, Iverson's Second Addition, Hennepin County,
Minnesota
6408 18th Avenue S Lot 15, Block 5, Iverson's Second Addition, Hennepin County,
Minnesota
6414 18th Avenue S Lot 14, Block 5, Iverson's Second Addition, Hennepin County,
Minnesota
1614 66th Street E Lot 2, Block 5, Iverson's Third Addition, Hennepin County, Minnesota,
except portion required for roadway *
1620 66th Street E Lot 1, Block 5, Iverson's Third Addition, Hennepin County, Minnesota,
except portion required for roadway *
Between 6511 Cedar All of Lot 5, Block 1, New Ford Town, except the North 20 feet and
Avenue South and 6521 except the South30 feet thereof.
Cedar Avenue South
Between 1820 East 66th All of Lot 2, Block 1, Iverson's Third Addition, except the South 50 feet
Street and 6528 Cedar and except the North 46 feet thereof.
Avenue South
Between 6520 Cedar All of ot 5, Block 1, Iverson's Third Addition, except the South 71 feet
Avenue South and 6500 and except the North 25 feet thereof.
Cedar Avenue South