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09-10289rRESOLUTION NO. 10289 RESOLUTION AUTHORIZING THE PURCHASE OF REAL PROPERTY LOCATED AT 6754 AND 6758 PORTLAND AVENUE WHEREAS, the City of Richfield, Minnesota (the "City") has determined the need to acquire properties located at 6754 and 6758 Portland Avenue with Bond Proceed funds for $189,000 .(plus closing costs) and $200,000 respectively: WHEREAS, the City's staff and consultants have negotiated purchase agreements for the purchase of 6754 Portland Avenue at a price of $189,000 plus closing costs and for the purchase of 6758 Portland Avenue for $200,000. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Richfield, Minnesota as follows: 1. The City Manager and Mayor are authorized and directed to execute the purchase agreement for the purchase of 6754 Portland Avenue and to take all actions necessary for the performance of that agreement. 2. The City Manager and Mayor are authorized and directed to execute the purchase agreement for the purchase of 6758 Portland Avenue and to take all actions necessary for the performance of that agreement. Adopted by the City Council of the City of Richfield, Minnesota this 22nd day of September, 2009. Debbie Goettel, Mayor ATTEST: Nancy Gibb ity Clerk