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99-8725r 85 RESOLUTION NO. 8725 THE CITY OF RICHFIELD, MINNESOTA RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT 6537-14TH AVENUE WHEREAS, the City of Richfield, Minnesota (the "City") proposes to sell real property to the HRA for $1.00 in furtherance of HRA housing programs; and WHEREAS, the City has considered the purchase of 6537-14th Avenue with CDBG funds on behalf of the Richfield HRA for $65,500. The property is further described as: Address: 6537-14th Avenue Legal Description: Lot 17, Block 4, Nokomis Gardens Rearrangement of Blocks 1, 2, 3, 4 and 5 Girard Parkview 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 (Subject to a favorable finding by the Planning Commission that the purchase and sale of this property is in conformance with the Comprehensive Plan): 1. The Acting City Manager and Mayor are authorized to take those actions necessary to purchase 6537-14th Avenue for $65,500. 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, June 28, 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 of Richfield, Minnesota this 24th day of May, 1999. ~~~U Martin J. Kirs , ayor ATTEST: ~~Il p~ Thomas P. Ferber, City Clerk