14-1179r HRA RESOLUTION NO. 1179
RESOLUTION AUTHORIZING SALE OF REAL PROPERTY LOCATED AT
7312 AND 7316 CLINTON AVENUE TO THE GREATER METROPOLITAN HOUSING
COPRPORATION IN ACCORDANCE WITH A CONTRACT FOR DEVELOPMENT
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 New Home Program adopted by the HRA, said real property being
described as follows:
Address Legal
7312 Clinton Avenue South Lot 4, Block 4, Blair's Wooddale Third Addition, Hennepin
County, Minnesota
7316 Clinton Avenue South Lot 5, Block 4, Blair's Wooddale Third Addition, Hennepin
County, Minnesota
WHEREAS, the HRA is authorized to sell real property within its area of
operation after public hearing; and
WHEREAS, a developer, the Greater Metropolitan Housing Corporation, has
been identified as the purchaser of the described property and in accordance with a
Development Agreement; 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:
1. A public hearing has been held and 7312 and 7316 Clinton Avenue is authorized
to be sold for $20,000 to the Greater Metropolitan Housing Corporation in
accordance with a Development Agreement with the HRA.
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 Greater Metropolitan Housing Corporation.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 17th day of March, 2014.
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Suzan . Sandahl, Chair
ATTEST:
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Doris Rubenstein, Secretary