01-9031r
63
RESOLUTION NO. 9031
RESOLUTION AUTHORIZING THE PURCHASE OF REAL PROPERTY
LOCATED AT 7039 FIFTH AVENUE SOUTH
WHEREAS, The City of Richfield, Minnesota (the "City") has considered the
purchase of 7039 Fifth Avenue South with CDBG funds on behalf of the Richfield Housing
and Redevelopment Authority (HRA) for $87,000. The property is further described as:
Lots 30 & 31, Block 1, Savage's 1st Addition; and
WHEREAS, the City proposes to sell real property to the Housing and
Redevelopment Authority (the "HRA") for $1.00 in furtherance of HRA housing programs;
and
WHEREAS, pursuant to the City Charter, Section 13.04, the City is authorized to
sell its property following a public hearing for which notice was published not less then ten
days before such hearing.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
Richfield, Minnesota as follows:
1. The City Manager and Mayor are authorized to take those actions necessary to
purchase 7039 Fifth Avenue for $87,000.
2. The City shall hold a public hearing and second reading of the ordinance regarding the
sale of the land to the HRA on Tuesday, May 29, 2001.
3. The City Clerk is directed to publish notice of such hearing in the official newspaper of
the City and post notice of said hearing.
Adopted by the City Council of the City of Richfield, Minnesota this 23rd day of April
2001.
)?;~u
Martin J. Ki h, Mayor
ATTEST: