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13-1166r HRA RESOLUTION NO. 1166 RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 6812 14TH 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: 6812 14th Avenue Legal: The East 1/2 of Block 6, except the North 126 feet thereof and except the South 320.3 thereof, RICH FIELDS, 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 Endres Custom Homes; and WHEREAS, a Contract for Private Development has been prepared, and the sale price of 6812 14th Avenue is $45,000.00 with performance security in the amount of $10,000.00; 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 6812 14th 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 21st day of October, 2013. teven J. ua r'Acting Chair ATTEST: . Doris Rubens = n, Secretary II