12-10616r RESOLUTION NO.10616
RESOLUTION AUTHORIZING THE PURCHASE OF REAL PROPERTY
LOCATED AT 6315 16th AVENUE
WHEREAS, the City of Richfield, Minnesota (the "City") has considered the
purchase of 6315 16th Avenue with Airport Noise Abatement Funds and Cedar Avenue
Mitigation Area for an amount not to exceed $100,000. The property is legally
described as:
•
6315 16th Avenue South
Lot 3, Block 1, Iversons 2nd Addition, Hennepin County
(Abstract Property)
WHEREAS, the City proposes to hold the property for the future redevelopment
in the Cedar Avenue Corridor area; and
WHEREAS, the City of Richfield has submitted a Purchase Agreement to the
Seller 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 6315 16th Avenue for an amount not to exceed $100,000 plus legal and
closing costs.
Adopted by the City Council of the City of Richfield, Minnesota this 24th day of
January, 2012.
iLkti
Debbie oettel, ayor
ATTEST:
Nancy GibbCity Clerk