12-1123r HRA RESOLUTION NO. 1123
RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT
6609 HUMBOLDT AVENUE TO METRO CLASSIC HOMES INC.
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota (HRA) desires to develop certain real property pursuant to and in
furtherance of the Richfield Rediscovered Program adopted by the HRA, said real
property being described as:
Address: 6609 Humboldt Avenue
Legal: Lot 22, the South 1/2 of Lot 23, Block 2, "Blossom Park", Hennepin
County, Minnesota
WHEREAS, the HRA is authorized to sell real property within its area of
operation after a public hearing; and
WHEREAS, the purchaser of the described property has been identified as Metro
Classic Homes, Inc., and
WHEREAS, a Contract for Private Development has been prepared, and the sale
price of 6609 Humboldt Avenue is $52,000.00 with performance security in the amount
of$10,000; and
WHEREAS, a public hearing has been held after proper public notice.
NOW, THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment
Authority in and for the City of Richfield, Minnesota:
1. A public hearing has been held and 6609 Humboldt Avenue is authorized to
be sold for$52,000.00 to Metro Classic Homes, Inc.; and
2. The Chairperson and Executive Director are authorized to execute a Contract
for Private Development and other agreements as required to effectuate the
sale to the Builder.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 21st day of May, 2012.
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1 anne M. Sandahl, Cha r
ATTEST:
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Doris Rubens in, Secretary