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01-810r 110 HRA RESOLUTION NO. 810 I RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 6852 PARK AVENUE SOUTH TO STEVEN MARLIN GRANT HOMES 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 6852 Park Avenue South, and whose legal description is that part of Lot 4, Block 3, Portland Avenue Acres Addition, Hennepin County, Minnesota, according to the recorded plat thereof lying south of the North 121.3 feet and lying north of the south 55.0 feet thereof; 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 Steven Marlin Grant Homes; and WHEREAS, a Contract for Private Development has been prepared, and the sale price of the land is $50,000 with performance security in the same amount; and WHEREAS, a public hearing has been held after proper public notice. I 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 6852 Park Avenue is authorized to be sold for $50,000 to Steven Marlin Grant Homes; 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 Steven Marlin Grant Homes. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 19th day of March, 2001. Thomas E. Harms, Chair 0319-6852 Park