09-1047rHRA RESOLUTION NO. 1047
RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY
LOCATED AT 7408 SHERIDAN AVENUE
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota ("the HRA") desires to purchase certain real property pursuant to and
in furtherance of the Richfield Rediscovered Program, said property being described as:
7408 Sheridan Avenue:
As described in Attachment A; and
WHEREAS, the HRA is authorized by Minnesota Statutes Section 469.012 to
acquire real property within its area of operation; and
WHEREAS, Housing Funds are available for acquisition purposes.
NOW THEREFORE, BE IT RESOLVED, by the City of Richfield Housing and
Redevelopment Authority:
The purchase price for the property identified is approved at $94,000.
2. The Chairperson and Executive Director are authorized to execute a
Purchase Agreement and to take other actions necessary to purchase
the property for the amount set forth in this resolution.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota on this 18th day of May, 2009.
S ne M. Sandahl, Chair
ATTEST:
,Joan Helmberger, Secreta
Attachment A
7408 Sheridan Avenue is described as follows:
Lot 2, Block 7, Penn Lake Terrace, 1st Addition, Hennepin County, Minnesota