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16-1232r HRA RESOLUTION NO. 1232 RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 7033 GARFIELD 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: 7033 Garfield Avenue South Legal: Lot 13, Block 4, Augsburg Park, according to the recorded plat thereof, and situate in Hennepin County, Minnesota together with that portion of the alley which accrued by vacation thereof as evidenced by Resolution filed May 27, 1947 as Document No. 242155 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 7033 Garfield 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 7033 Garfield 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. (jarfhupple, Charm ATTES . Boris Rubenstein, Secretary