04-923r
97
HRA RESOLUTION NO. 923
RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY
LOCATED AT 680512TH AVENUE AND 632914TH AVENUE
UNDER THE NEW HOME PROGRAM
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota ("the HRA") desires to purchase certain real property pursuant to and
in furtherance of the New Home Program, said property being described as:
6805 12th Avenue:
All of the South seventy-two (72) feet of the North One Hundred Forty-four (144)
feet of Block Five (5), except the East One Hundred Thirty-three (133) feet thereof,
Rich Fields, Hennepin County, Minn., according to the plat or map thereof now on
file and of record in the office of the Registrar of Titles, in and for said County and
State.
Subject to a right of way for private roadway eight (8) feet wide commencing at road
on the North side of Southeast Quarter (SE %) Sec. 26 Twp. 26 R. 24 and running
South along the Westerly side of said tract to the South ten (10) acres of the West
fifty-five (55) rods of the West Half (W %) of said Southeast quarter (SE %)
according to deeds record in Book 264 of Deeds page 123 and Book 340 of Deeds
page 129 and Book 460 of Deeds page 192. Also
That part of the South Thirteen Hundred and Ten (1310) feet of the East Eight and
58/100 (8.58) feet of the West Forty-one and 58/100 (41.58) feet of the Southwest
Quarter (SW %) of Southeast Quarter (SE %), Section 26, Township 28, Range 24,
which lies between the north and south lines extended of the South 72 feet of the
North 144 feet of Block 5, Rich Fields, Hennepin County, Minn. according to the
map or plat thereof now on file and of record in the office of the Registrar of Titles in
and for said County and State;
6329 14th Avenue:
Lot 17, Block 2, Nokomis Gardens Rearrangement of Blocks 1, 2, 3,4 and 5 Girard
Parkview, Hennepin County; and
WHEREAS, the HRA is authorized by Minnesota Statutes Section 469.012 to
acquire real property within its area of operation; and
WHEREAS, a purchase prices have been negotiated based on independent
appraisals; and
WHEREAS, Community Development Block Grant funds are available for
acquisition purposes.
NOW THEREFORE, BE IT RESOLVED, by the City of Richfield Housing and
Redevelopment Authority:
1. The purchase price for the properties identified are approved at $150,000
for 6805 12th Avenue, and $140,000 for 6329 14th Avenue.
2. The Chairperson and Executive Director are authorized to execute
purchase agreements and to take other actions necessary to purchase the
properties for the amount set forth in this resolution.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota on this 21st day of June, 2004.
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/Joan Heimberger, Vice Cha'/
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ATTEST:
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Kristal Stokes, Secretary