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95-8240r 13 RESOLUTION NO. 8240 THE CITY OF RICHFIELD, MINNESOTA CALLING FOR ACQUISITION AND A PUBLIC HEARING ON THE SALE OF CERTAIN LAND WHEREAS, the City of Richfield, Minnesota (the "City") proposes to sell the real property to the HRA for. $1.00 in furtherance of HRA housing programs. WHEREAS, the City has considered the purchase of 7216 First Avenue with CDBG funds on behalf of the Richfield HRA for $43,000. The property is further described as: Address: 7216 First Avenue South Legal Description: Lot 5, Block 3, Wooddale Second Addition Hennepin County, Minnesota; 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 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 City Manager and Mayor are authorized to take those actions necessary to purchase 7216 First Avenue for $43,000. 2. The City shall hold a public hearing and second reading of the ordinance r~garding the sale of the lanq to the HRA on Monday, May 8, 1995. 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. Passed by the City Council of the City of Richfield this 27th day ATTEST: 79~ Ph;& Thomas P. Ferber, City Clerk