12-10608r RESOLUTION NO. 10608
RESOLUTION AUTHORIZING THE PURCHASE OF REAL PROPERTY
LOCATED AT 6420 17th AVENUE
WHEREAS, the City of Richfield, Minnesota (the "City") has considered the
purchase of 6420 17th Avenue with Airport Noise Abatement Funds and Cedar Avenue
Mitigation Area for$104,000. The property is legally described as:
6420 17th Avenue South
Lot 13, Block 2, Iversons 2nd Addition, Hennepin County
(Abstract Property)
WHEREAS, the City proposes to hold the property for as part of the future
redevelopment in the Cedar Avenue Corridor area; and
WHEREAS, the seller has accepted a Purchase Agreement from the City of
Richfield contingent upon City Council approval;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
Richfield, Minnesota as follows:
1. The City Manager and Mayor are authorized to take those actions necessary to
purchase 6420 17th Avenue for$104,000 plus legal and closing costs.
Adopted by the City Council of the City of Richfield, Minnesota this 10th day of
January 2012.
Pat Elliott, Mayor Pro Tempore
ATTEST:
Nancy Gib City Clerk