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12-18 HRA Resolution No. 1279 HRA RESOLUTION NO. 1279 RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 6421 14TH AVENUE, 6416 16TH AVENUE, AND 6420 16TH 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: 6421 14th Avenue South Legal: Lot 19, Block 3, Nokomis Gardens Rearrangement of Block One (1), Two (2), Three (3), Four (4), and Five (5), Girard Parkview, Hennepin County, Minnesota Address: 6416 16th Avenue South Legal: Lot 5, Block 11, Nokomis Gardens Rearrangement of Blocks 7-11 and 12- Girard Parkview, Hennepin County, Minnesota Address: 6420 16th Avenue South Legal: Lot 6, Block 11, Nokomis Gardens Rearrangement of Blocks 7-11 and 12- Girard Parkview, 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 6421 14th Avenue is $41,625 with performance security in the amount of $10,000, the sale price of 6416 16th Avenue is $37,725 with performance security in the amount of$10,000, and the sale price of 6420 16th Avenue is $35,240 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 6421 14th Avenue is authorized to be sold for $41,625 to Endres Custom Homes; and 2. A public hearing has been held and 6416 16th Avenue is authorized to be sold for$37,725 to Endres Custom Homes; and 3. A public hearing has been held and 6420 16th Avenue is authorized to be sold for$35,240 to Endres Custom Homes; and 4. 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 December, 2017. Mary . Supple, air ATTEST: Erin Vr' ze i anie , Secretary