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02-20 HRA Resolution No. 1285 HRA RESOLUTION NO. 1285 RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 6345 BLOOMINGTON 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: 6325 Bloomington Avenue Legal: Lot 13, Block 10, 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 6325 Bloomington Avenue is $37,725 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 6325 Bloomington Avenue is authorized to be sold for $37,725 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 20th day of February, 2018. ATTEST: Mary B. S' pple, Chair Erin Vrieze •aniels, -'retary •