04-916r
90
HRA RESOLUTION NO. 916
RESOLUTION AUTHORIZING THE.SALE OF REAL PROPERTY LOCATED AT 6945
CLINTON AVENUE TO WEST HENNEPIN AFFORDABLE HOUSING LAND TRUST
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota (HRA) desires to sell certain real property and improvements,
described as follows, pursuant to and in furtherance of the New Home Program adopted
by the HRA; said property being described as:
Lot 9, Block 3, D.L. Tate's Addition
WHEREAS, the HRA is authorized to sell real property and improvements within its
area of operation after public hearing; and
WHEREAS, a nonprofit land trust, West Hennepin Affordable Housing Land Trust
(WHAHL T) has been identified as the purchaser of the real property; and
WHEREAS, a qualified first time homebuyer has been selected and lender-
approved to purchase the property improvements from WHAHL T; and
WHEREAS, a public hearing has been held after proper public notice.
NOW, THEREFORE, BE IT RESOLVED, by the City of Richfield Housing and
Redevelopment Authority:
1. A public hearing has been held and the real property at 6945 Clinton
Avenue is authorized to be sold for $160,000 to WHAHL T.
2. The Chairperson and Executive Director are authorized to execute the
appropriate documents and agreements to effectuate the sale to WHAHL T
and subsequently to the selected first time homebuyer.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 17th day of February 2004.
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Thomas E. Harms, Chair
ATTEST:
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Kristal Stokes, Secretary