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12-19 HRA Resolution No. 1244 HRA RESOLUTION NO. 1244 RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT 6625 2ND 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: 6625 2nd Avenue Legal: North 1/2 of the West 1/2 of Lot 1, "Goodspeed's Second Plat, Richfield, Minnesota" Also described as: The North 50 feet of West 1/2 of Lot 1, "Goodspeed's Second Plat, Richfield, Minnesota WHEREAS, the HRA is authorized by Minnesota Statutes Section 469.012 to acquire real property within its area of operation; and WHEREAS, Housing and Redevelopment Fund money is available for acquisition purposes. NOW THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment Authority in and for the City of Richfield: 1. The purchase price for the property is approved at $95,000 plus administrative fees, not to exceed $98,249. 2. The Chairperson and Executive Director are authorized to execute a quit claim deed 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 19th day of December, 2016. M B. Supple, Chair ATTEST: Or Doris Rubenstein, Secretary