12-1114r HRA RESOLUTION NO. 1114
RESOLUTION AUTHORIZING TRANSFER OF UP TO $55,000 IN THE HOUSING AND
REDEVELOPMENT AUTHORITY DEVELOPMENT FUND TO THE CITY OF RICHFIELD TO
PURCHASE/REMOVAL OF REAL PROPERTY AT 6315 16TH AVENUE AND THE
REMOVAL OF 6420 17TH AVENUE
WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield,
Minnesota is supportive of the furthering the goals of the Cedar Avenue Corridor
Redevelopment Area;
WHEREAS, the City of Richfield, Minnesota desires to purchase certain real properties
pursuant to and in furtherance of the Cedar Avenue Corridor Redevelopment Area, said
properties being described as:
6315 16th Avenue South
Lot 3, Block 1, Iversons 2nd Addition, Hennepin County (Abstract)
AND
6420 17th Avenue South
Lot 13, Block 2, Iversons 2nd Addition, Hennepin County (Abstract)
WHEREAS, the City of Richfield also desires to remove the buildings on the real
properties;
WHEREAS, limited funds remaining in the City Airport Noise Abatement Program and
Cedar Avenue Mitigation Area Program cannot cover the costs of property purchase and
building removal; AND
WHEREAS, HRA Development Funds are available for acquisition and removal
purposes;
NOW THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in
and for the City of Richfield, Minnesota that it authorizes the following:
Transferring up to $55,000 from the Development Fund to the City of Richfield for the
acquisition/removal of 6315 16th Avenue and the removal of 6420 17th Avenue.
Adopted by the Housing and Redevelopment Authority in and for the City of Richfield,
Minnesota this 17th day of January 2012.
.43,444 ,/11 )1a/Gaditi
(
/ Chair, Suzanne M. Sandahl
S,-cretary, D-,ris Rubenstein