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13-10797r RESOLUTION NO. 10797 RESOLUTION APPROVING PURCHASE AGREEMENT FOR THE RICHFIELD PARKWAY IMPROVEMENT PROJECT WHEREAS, the City of Richfield has undertaken an improvement project, No CP 410007 (North Richfield Parkway Improvement Project) (the"Project"), which involves the reconstruction of Richfield Parkway 17t Avenue between 63rd Street and 65th Street;and WHEREAS, in order to construct the Project,the City Council has determined that it is reasonably necessary to purchase certain real properties located adjacent to 1 7a' Avenue, all in the City of Richfield,Hennepin County,Minnesota;and WHEREAS,the City Council has previously authorized an offer to purchase the property located at 6414-17th Avenue South;and WHEREAS, the property owners have requested a redetermination of their differential replacement housing payment and the City's relocation consultant has recommended that change;and WHEREAS,the City Council desires to approve the purchase of 6414-17th Avenue South for a purchase price of$165,000,plus relocation benefits as provided by law. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota as follows: -1. The City Council hereby authorizes the City Manager to purchase the property at 6414-17t Avenue South for a purchase price of $165,000 and approves a change in the replacement housing payment applicable to the property at 6414-17 Avenue South assuming closing otherwise occurs in accordance with the terms of the purchase agreement previously approved by the City Council for that property. 2. The Mayor and City Manager are authorized to execute any addenda or other document necessary to implement this change and to take all other actions necessary to effectuate the transfer contemplated by the purchase agreement. Adopted by the City Council of the City of Richfield, Minnesota the 28th day of May, 2013. >)414"- }d 0-011-e_444 S i M. Sandahl,Mayor Pro Tempore ATTEST: / . �l� `-�`1/ r _� . /t;-mil Nancy Gibbs Clerk 424743v2RC145-661