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07-15 HRA Resolution No. 1337 HRA RESOLUTION NO. 1337 RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 6812 EMERSON LANE 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 located at 6812 Emerson Lane and as legally described in Exhibit A. 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, Inc.; and WHEREAS, Endres Custom Homes, Inc., is proposing to construct five single- family homes on the property; and WHEREAS, a Contract for Private Development has been prepared, and the sale price of 6812 Emerson Lane is $1.00 with performance security in the amount of $50,000; 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 6812 Emerson Lane is authorized to be sold for $1.00 to Endres Custom Homes, Inc.; 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 15th day of July, 2019. M ry B. p e, C a' ATTEST: Erin Vrieze Dan': re HRA Resolution No. 1337 EXHIBIT A LEGAL DESCRIPTION That part of Government Lot 6, Section 28, Township 28, North Range 24, West of the th 4 Principal Meridian, described as follows: Commencing at the Northeast corner of the West 20 acres of said Government Lot 6; thence East along Fort Snelling and Minnetonka Road 160 feet; thence South to shore of WoodLake; thence along the said Shore to the East line of said 20 acres; thence North to place of beginning, Except the North 783 feet thereof; and except that part of Government Lot 6, Section 28, Township 28, Range 24, Hennepin County, Minnesota, described as follows, to-wit: Beginning at a point on the West line of Lot 6, “Vehe Additon,” 16 feet North of the Southwest corner thereof; thence West on a line parallel with the Northerly line of said Government Lot 6 a distance of 148.0 feet; thence South on a line parallel with the East line of the West 20 acres of said Government Lot 6 to its place of intersection with the Northerly line of thth West 68 Street; thence Northeasterly along the Northerly line of said West 68 Street to the Southwesterly corner of Lot 7, “Vehe Addition;” thence North along the West line of said Lots 6 and 7, “Vehe Addition,” to the point of beginning; and except that part of Government Lot 6, Section 28, Township 28, Range 24, lying South of the following described boundary line, to-wit: Commencing at the Southeast corner of Lot 7, “Vehe Addition;” thence Southwesterly a distance of 135.35 feet to the Southwest corner of said Lot 7, “Vehe Addition,” to the actual point of beginning; thence continuing Southwesterly on an extension of the South line of said Lot 7, “Vehe Addition” to the East line of the West 20 acres of Government Lot 6, Section 28, Township 28, Range 24, also; the East 10 feet of the North 783 feet of that part of Government Lot 6, lying West of the West line of Payton Manor and the same extended, Section 28, Township 28, Range 24, Hennepin County, Minnesota, according to the United States Government Survey thereof and situate in Hennepin County, Minnesota. That part of the south 10 acres of the west 20 acres of Government Lot 6 of Section 28, Township 28 North, Range 24 West, together with that part of dried up lake bed of Wood Lake appurtenant thereto, lying easterly of Trunk Highway No. 65 as located and established on March 23, 1956; which h lies between two lines run parallel with and distant 1 foot and 21 feet westerly of the east line of the above described tract, northerly of a line run parallel with and distant 1 foot north of the south line of said tract, and southerly of the following described line: Beginning at a point on a line run parallel with and distant 783 feet south of the east and west quarter line of said Section 28, distant 55 feet westerly of its intersection with a line run parallel with and distant 10 feet west of the west line of Payton Manor extended southerly; thence run southwesterly to a point on the east line of the above described tract distant 345 feet north of the southeast corner thereof; thence continue southwesterly on the last described course for 60 feet and there terminating; containing 0.15 acre, more or less. Subject to the following restrictions: HRA Resolution No. 1337 No access shall be permitted to Trunk Highway No. 50, renumbered 65, and to Trunk Highway No. 394, renumbered 35W from the lands herein conveyed. No advertising devices in any form or size shall be constructed, placed or permitted to be constructed or placed upon the lands except: (1) signs, displays and devices advertising the sale or lease of the property and (2) signs, displays and devices advertising activities conducted on the property; the real estate shall not be used as an automobile junk yard or as a repository for rubbish in any form. Except that part of Government Lot 6, Section 28, Township 28, Range 24, shown as parcel 65A on Minnesota Department of Transportation right of way plat numbered 27- 111 as the same is on file and of record in the office of the county recorder in and for Hennepin County, Minnesota. Except the South 12.0 feet or the North 45.0 feet or the following described tract: the East 10 feet of the North 783 feet of that part of government Lot 6, lying west of the west line of Payton Manor and the same extended, Section 28, Township 28, Range 24, Hennepin County, Minnesota, together with right of access, begin the right of ingress and egress from that part of the above described tract not acquired to CSAH No. 53. HRA Resolution No. 1337