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99-8789r 46 RESOLUTION NO. 8789 RESOLUTION AUTHORIZING THE PURCHASE OF REAL PROPERTY LOCATED AT 6812 QUEEN AVENUE WHEREAS, the City of Richfield, Minnesota (the "City)" proposes to sell real property to the Housing and Redevelopment Authority (HRA) for $1.00 in furtherance of HRA housing programs; and WHEREAS, the City has considered the purchase of 6812 Queen Avenue with CDBG funds on behalf of the Richfield HRA for $70,000. The property is further described as: Address: 6812 Queen Avenue South Legal Description: Lot 4, Block 2, Tingdale Bros.' Lincoln Hills Third Addition 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 than ten days before such hearing. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Richfield, Minnesota as follows: 1. The Acting City Manager and Mayor are authorized to take those actions necessary to purchase 6812 Queen Avenue for $70,000. 2. The City shall hold a public hearing and second reading of the ordinance regarding the sale of the land to the HRA on Monday, November 8, 1999. 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 11th day of October, 1999. ATTEST: ~/?U Thomas P. Ferber, City Clerk