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HRA RESOLUTION NO. 808
RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY AT
2024, 2026, 2022, 2020 AND 2016 - 78TH STREET WEST;
2100 - 78TH STREET WEST;
7701 NEWTON AVENUE SOUTH;
2000 - 78TH STREET WEST;
7701 PENN AVENUE SOUTH;
7745 PENN AVENUE SOUTH; AND
PART OF 78TH STREET, BETWEEN PENN AND MORGAN AVENUES
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Richfield (HRA) has acquired property at 2024,2026,2022,2020 and 2016 - 78th Street
West; 2100 - 78th Street West; 7701 Newton Avenue South; 2000 - 78th Street West;
7701 Penn Avenue South; 7745 Penn Avenue South; and Part of 78th Street, between
Penn and Morgan Avenues; legally described in Exhibit A;
WHEREAS, the HRA has identified the Best Buy Co., Inc. as a buyer of the
property; and
WHEREAS, Best Buy Co., Inc. has agreed to purchase the property from the HRA
in accordance with the terms of the Contract for Private Redevelopment by and between
the HRA and Best Buy Co., Inc., dated March 20, 2000; the First Amendment to Contract
for Private Redevelopment dated November 27,2000; and the Second Amendment to
Contract for Private Redevelopment, dated February 20, 2001; and
WHEREAS, the HRA is authorized to sell real property within it's area of operation
after a public hearing;
WHEREAS, the public hearing has been held after proper notice; and
WHEREAS, the Planning Commission of the City of Richfield is required to
determine that the disposition of the property for project purposes is consistent with the
Comprehensive Plan.
NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment
Authority in and for the City of Richfield, Minnesota as follows:
1. A public hearing has been held on the sale of real property described above.
2. The sale of property to Best Buy Co., Inc. in accordance with the terms of the
(a.) Contract for Private Redevelopment by and between the HRA and Best Buy
Co., Inc., dated March 20, 2000, (b.) First Amendment to Contract for Private
Redevelopment dated November 27,2000, and (c.) Second Amendment to
Contract for Private Redevelopment, dated February 20, 2001, is hereby
approved, contingent upon the Richfield Planning Commission adopting a
resolution finding the sale of the property to be consistent with the
Comprehensive Plan.
3. The Chairperson and Executive Director are authorized to execute any and all
documents and agreements necessary to implement this resolution.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 5th day of March, 2001.
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EXHIBIT A
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Parcel 1:
Tracts A, Band D, except the West 30 feet of said tracts, as measured along the
North and South lines thereof; Tracts E, F and G, Registered Land Survey No. 800,
Hennepin County, Minnesota.
Parcel 2: Tract A:
All of Tract C and the West 30 feet of Tracts A, Band D as measured along the North
and South lines thereof, Registered Land Survey No. 800, Hennepin County,
Minnesota.
Parcel 2: Tract B:
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The West 141.38 feet of the East 235.63 feet, as measured at right angles to the East
line thereof, of: that part of the following described tract of land lying South of the
North 200 feet thereof and North of the North right-of-way line of Interstate Highway
No. 494. That part of the Southwest Quarter of the Southwest Quarter of Section 33,
Township 28, Range 24, Hennepin County, Minnesota described as follows:
Commencing on the South line of said Southwest Quarter of the Southwest Quarter at
a point 328 feet East from the Southwest corner of said Section; thence Northerly to
the Southwest corner of McHardy's Addition; thence Easterly to the Southeast corner
of McHardy's Addition; thence Southerly to a point in the South line of said Section 33,
distant 656 feet East from the Southwest corner of said Section 33; thence West 328
feet to the point of beginning.
Parcel 2: Tract C:
The East 94.25 feet, as measured at right angles to the East line thereof, of: that part
of the following described tract of land lying South of the North 200 feet thereof and
North of the North right- of-way line of Interstate Highway No. 494. That part of the
Southwest Quarter of the Southwest Quarter of Section 33, Township 28, Range 24,
Hennepin County, Minnesota described as follows: Commencing on the South line of
said Southwest Quarter of the Southwest Quarter at a point 328 feet East from the
Southwest corner of said Section; thence Northerly to the Southwest corner of
McHardy's Addition; thence Easterly to the Southeast corner of McHardy's Addition;
thence Southerly to a point in the South line of said Section 33, distant 656 feet East
from the Southwest corner of said Section 33; thence West 328 feet to the point of
beginning.
Parcel 2: Tract D:
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That part of the following described property lying West of the East 235.63 feet thereof
as measured at right angles to the East line thereof: that part of the following
described tract of land lying South of the North 200 feet thereof and North of the North
right-of-way line of Interstate Highway No. 494. That part of the Southwest Quarter of
the Southwest Quarter of Section 33, Township 28, Range 24, Hennepin County,
Minnesota, described as follows: Commencing on the South line of said Southwest
Quarter of the Southwest Quarter at a point 328 feet East from the Southwest corner
of said Section; thence Northerly to the Southwest corner of McHardy's Addition;
thence Easterly to the Southeast corner of McHardy's Addition; thence Southerly to a I
point in the South line of said Section 33, distant 656 feet East from Southwest corner
of said Section 33; thence West 328 feet to the point of beginning.
Parcel 3:
The North 166 feet of the East 59 feet of the South half of the following described
premises: Beginning at a point 656 feet East of the Southwest corner of Section 33,
Township 28 North, Range 24 West of the 4th Principal Meridian; thence running North
a distance of 1312.96 feet; thence East a distance of 163.8 feet; thence South a
distance of 1312.77 feet; thence West a distance of 164 feet to the point of beginning.
Parcel 4:
That part of the Southwest Quarter of the Southwest Quarter of Section 33, Township
28 North, Range 24 West of the 4th Principal Meridian described as follows:
Commencing at a point 820 feet East of the Southwest corner of said Section 33;
thence North a distance of 656.28 feet; thence East a distance of 163 feet; thence
South a distance of 656.28 feet; thence West a distance of 164 feet to the point of
beginning, according to the United States Government Survey thereof and situate in
Hennepin County, Minnesota.
Parcel 5:
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The South one half of the following described tract of land:
That part of the Southwest Quarter of the Southwest Quarter (SW 1/4.
of SW 1/4) of Section Thirty-three (33), Township Twenty eight (28),
Range Twenty four (24), described as follows: Commencing at the
Southwest corner of said Section 33; thence North 1313.33 feet;
thence East 327.60 feet; thence South 1313.33 feet; thence West 328
feet to the point of beginning, excepting however, that part thereof
taken for State Highway No. 100, also known as Interstate Highway
No. 494, and also excepting all other public streets and highways;
except all that part of the following described tract; that part of the
Southwest Quarter of the Southwest Quarter of Section 33, Township
28 North, Range 24 West, described as follows: Beginning at the point
of intersection of a line 33 feet East of and parallel with the West line
of said Section and the Northeasterly right of way line of Trunk
Highway No. 494 as defined by Document No. 3419310; thence North
along the parallel line a distance of 175 feet; thence East at a right
angle a distance of 164 feet; thence South at a right angle a distance
of 232.80 feet, more or less, to a point on the Northeasterly right of
way line of Trunk Highway No. 494; thence Northwesterly along the
North right of way line of Trunk highway No. 494 a distance of 173.89
feet, more or less, to the point of beginning, according to the United
States Government Survey thereof and situate in Hennepin County,
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Minnesota which lies Northerly, Northeasterly and Easterly of the
following described Line A:
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From a point on the west line of said Section 33, distant
535.26 feet north of the southwest corner thereof; thence
run easterly at an angle of 88 degrees 30 minutes with
said west section line (measured from north to east) for
33.01 feet to the point of beginning of the line to be
described; thence continue easterly on the last above
described course for 117.43 feet; thence deflect to the
right on a curve having a radius of 62 feet (delta angle 91
degrees 30 minutes) for 99.01 feet; thence on tangent to
said curve for 210 feet and there terminating
and which lies Northeasterly of the following described Line B:
Beginning at a point on a line run parallel with and 33
feet easterly from the west line of said Section 33, distant
31.37 feet northerly of its intersection with the above
described Line A; thence run southeasterly to a point on
the above described Line A distant 31.37 feet easterly of
said intersection and there terminating.
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All according to the United States Government Survey thereof, and situate in
Hennepin County, Minnesota.
Parcel 6: Tract A:
All that part of the following described tract; that part of the Southwest Quarter of the
Southwest Quarter of Section 33, Township 28 North, Range 24 West, described as
follows:
Beginning at the point of intersection of a line 33 feet East of and
parallel with the west line of said Section and the northeasterly right of
way line of Trunk Highway No. 494 as defined by Document No.
3419310; thence North along the parallel line a distance of 175 feet;
thence East at a right angle a distance of 164 feet; thence South at a
right angle a distance of 232.80 feet, more or less, to a point on the
northeasterly right of way line of Trunk Highway No. 494; thence
northwesterly along the North right of way line of Trunk Highway No.
494 a distance of 173.89 feet, more, or less, to the point of beginning
according to the United States Government Survey thereof and situate
in Hennepin County, Minnesota which lies southerly, southwesterly,
and westerly of the following described Line A:
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Beginning at the southwest corner of said Section 33;
thence northerly along the west line of said Section 33 a
distance of 501.24 feet, to the point of beginning of the
line to be described; thence easterly deflecting to the
right at an angle of 88 degrees, 30 minutes, a distance of
125.65 feet; thence southeasterly along the tangential
curve, concave to the southwest, radius 53 feet, delta
angle 91 degrees, 30 minutes, a distance of 84.64 feet;
thence southerly along the tangent of said curve a
distance of 180 feet, more or less, to the northeasterly
right of way line of said Trunk Highway No. 494 as
defined by Document No. 3419310 and there
terminating;
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and which lies southeasterly of the following described line B:
Beginning at a point on a line drawn parallel with and 33
feet easterly from the west line of said Section 33 distant
30 feet southerly from the point of intersection of said
parallel line with Line A; thence northeasterly to a point
on Line A distant 30 feet easterly from the point of
intersection of said parallel line and Line A.
All according to the United States Government Survey thereof, and situate In
Hennepin County, Minnesota.
Parcel 6: Tract B:
That part of the Southwest Quarter of the Southwest Quarter of Section 33, Township I
28 North, Range 24 West, Hennepin County, Minnesota, described as follows:
Beginning at the point of intersection of Line 1 described below with a line run parallel
with and distant 60 feet east of the west line of said Section 33; thence run south on
said 60 foot parallel line for 80 feet; thence run southeasterly to the point of
intersection of a line run parallel with and distant 180 feet northerly of Line 2 described
below, with Line 3 described below; thence run northerly on said Line 3 to its
intersection with said Line 1; thence run northwesterly on said Line 1 to the point of
beginning.
Line 1:
Beginning at a point on a line run parallel with and distant 656 feet
east of the west line of said Section 33, distant 120 feet north of the
south line of said Section 33; thence run northwesterly to a point on
the west line of said Section 33, distant 355 feet north of the southwest
corner thereof and terminating.
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Line 2:
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From a point on the southwest corner of said Section 33, run easterly
at an angle of 89 degrees 46 minutes 00 seconds from the west line of
said Section 33 (measured from north to east) for 1359.14 feet to the
point of beginning of Line 2 to be described; thence run westerly on
the last described course for 89.23 feet; thence deflect to the right on a
00 degree 30 minute 00 second curve (delta angle 04 degrees 39
minutes 00 seconds) for 930 feet; thence on tangent to said curve for
77.19 feet; thence deflect to the left on a 01 degree 00 minute 00
second curve (delta angle 07 degrees 31 minutes 48 seconds) for 753
feet and there terminating.
Line 3:
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Beginning at a point on the west line of said Section 33, distant 501.24
feet north of the southwest corner thereof; thence run easterly at an
angle of 91 degrees 30 minutes 00 seconds from said west section
line (measured from south to east) for 125.65 feet; thence deflect to
the right on a curve having a radius of 53 feet (delta angle 91 degrees
30 minutes 00 seconds) for 84.64 feet; thence on tangent to said curve
to an intersection with Line 1 described above; thence run southerly to
a point distant 165 feet northerly (measured at right angles) to a point
on Line 2 described above distant 656.32 feet easterly of its point of
termination and there terminating.
Parcel 7: Tract A:
That part of the Southwest Quarter of the Southwest Quarter of Section 33,
Township 28, Range 24, Hennepin County, Minnesota, described as follows:
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Commencing at the Southwest corner of said Southwest Quarter of
the Southwest Quarter of Section 33; thence Easterly along the
South line of said Southwest Quarter of the Southwest Quarter of
Section 33 a distance of 656.00 feet, more or less, to the West line
of Registered Land Survey No. 800, files of the Registrar of Titles,
County of Hennepin; thence Northerly along said West line of
Registered Land Survey No. 800 a distance of 108.00 feet to the
actual point of beginning of the easement to be described; thence
continuing Northerly along said West line of Registered Land
Survey No. 800 a distance of 12.00 feet, more or less, to the
Northeasterly right of way line of Trunk Highway No. 494, as
defined by Doc. No. 3419310; thence on an assumed bearing of
N70030'28"W along said Northeasterly right of way line a distance
of 118.94 feet; thence S1r41'59"West a distance of 10.54 feet;
thence S2r18'01"E a distance of 28.28 feet; thence S72018'01"E a
distance of 8.50 feet; thence S78044'02"E a distance of 46.48 feet;
thence S840 18'32"E a distance of 48.93 feet, more or less, to the
actual point of beginning.
Tract A contains 2,673 square feet or .061 acres.
That part of the Southwest Quarter of the Southwest Quarter of Section 33,
Township 28, Range 24, Hennepin County, Minnesota, described as follows:
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Pare I 7: Tract B:
Commencing at the Southwest corner of said Southwest Quarter of
the Southwest Quarter of Section 33; thence Easterly along the
South line of said Southwest Quarter of the Southwest Quarter of
Section 33 a distance of 656.00 feet, more or less, to the West line
of Registered Land Survey No. 800, files of the Registrar of Titles,
County of Hennepin; thence Northerly along said West line of
Registered Land Survey No. 800 a distance of 120.00 feet, more or
less, to the Northeasterly right of way line of Trunk Highway No.
494, as defined by Doc. No. 3419310; thence on an assumed
bearing of N70030'28" W along said Northeasterly right of way line a
distance of 148.96 feet to the actual point of beginning of the
easement to be described; thence continuing N70030'28"W along
said Northeasterly right of way line a distance of 299.08 feet; thence
S26029'40"E a distance of 35.56 feet; thence S6r09'46"E a
distance of 171.25 feet; thence S72018'01 "E a distance of 83.58
feet; thence N62041'59"E, a distance of 28.28 feet; thence N
1 r 41 '59" E a distance of 11.48 feet, more or less to the actual
point of beginning.
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Parcel B contains 8603 square feet or 0.197 acres.
Together with all rights in and to any and all streets and alleys adjacent thereto,
vacated or to be vacated, and together with any and all appurtenant
easements.
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