16-1230r HRA RESOLUTION NO. 1230
RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT
7333 Emerson AVENUE TO ENDRES CUSTOM HOMES
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 Richfield Rediscovered Program adopted by the HRA, said real
property being described as:
Address: 7333 Emerson Avenue South
Legal: Lot 16, Block 9, Irwin Shores, according to the recorded plat thereof, and
situate in Hennepin County, Minnesota
WHEREAS, the HRA is authorized to sell real property within its area of
operation after a public hearing; and
WHEREAS, the purchaser of the described property has been identified as
Endres Custom Homes, and
WHEREAS, a Contract for Private Development has been prepared, and the sale
price of 7333 Emerson Avenue is $60,000 with performance security in the amount of
$10,000; 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, Minnesota:
1. A public hearing has been held and 7333 Emerson Avenue is authorized to
be sold for $60,000 to Endres Custom Homes; and
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 Builder.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 18th day of July, 2016.
ItA.
Mary = Supp e, C
ATTEST'
/� / ' IF
Boris Rubenstein, Secretary