12-10633r RESOLUTION NO. 10633
RESOLUTION AUTHORIZING THE PURCHASE OF REAL PROPERTY
LOCATED AT 6535 NEWTON AVENUE
WHEREAS, the City of Richfield, Minnesota (the "City") has considered the
purchase of 6535 Newton Avenue with stormwater utility funds for a negotiated purchase
price not to exceed $78,500. The property is legally described as:
6535 Newton Avenue South
Lot 10, except the south 116.98 feet thereof, and Lot 11, except the south 116.98
feet thereof, Block 9, Fairwood Park First Addition, Richfield, MN
(Torrens Certificate No. 1346137); and
WHEREAS, the City proposes to utilize the property to relieve surface water
problems in the neighborhood; and
WHEREAS, the seller has accepted a Purchase Agreement from the City of
Richfield.
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 6535 Newton Avenue for a negotiated purchase price not to exceed $78,500
plus legal and closing costs.
Adopted by the City Council of the City of Richfield, Minnesota this 28th day of
February, 2012.
%JI
.1.r
De ie Goette,Mayor
ATTEST:
jP
Nancy Gibb0 City Clerk