13-1158r HRA RESOLUTION NO. 1158
RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT
7229 1ST AVENUE TO ENDRES CUSTOM HOMES, 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 Richfield Rediscovered Program adopted by the HRA, said real property
being described as:
Address: 7229 1st Avenue South
Legal: Lot 11, Block 1 "Scheubles 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 purchasers of the described property have been identified as
Endres Custom Homes, Inc., and
WHEREAS, a Contract for Private Development has been prepared, and the sale
price of 7229 1st Avenue South is $45,000.00 with performance security in the amount of
$10,000; 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 6438 Bloomington Avenue is authorized to
be sold for $45,000.00 to Endres Custom Homes, 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 Builder.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 17th day of June, 2013.
Su nne M. Sandahl, Chair
ATTEST:
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i 'IPSO
Diris Ruben -in, Secretary