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01-814r 114 HRA RESOLUTION NO. 814 I RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 1015 EAST 69TH STREET 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: 1015 East 69th Street, legally described as: the north 69 feet of east % of Lot 15, Baumgartner's First Addition, 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 Steven Marlin Grant Homes; and WHEREAS, a Contract for Private Development has been prepared, and the sale price of 1015 East 69th Street is $55,211.51 with performance security in the amount of $47,000; and I 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 1015 East 69th Street is authorized to be sold for $55,211.51 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 the builder. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 16th day of April, 2001. ATTEST: I