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HRA RESOLUTION NO. 828
RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT
6444 CLINTON AVENUE SOUTH TO AFFORDABLE SUBURBAN HOUSING 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 New Home Program adopted by the HRA, said real property being
described as Lot 6, Block 2, Ralph Milner's Second Addition; and
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
Affordable Suburban Housing Inc., and a Contract for Development has been negotiated
for a sale price of $16,750 with performance security in the same amount; 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 6444 Clinton Avenue South is authorized to be sold
for $16,750 to Affordable Suburban Housing 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
developer.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 20th day of August 2001.
ATTEST: