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93-8035Rtt 3 RESOLUTION NO. 8035 THE CITY OF RICHFIELD, MINNESOTA CALLING FOR ACQUISITION AND A PUBLIC HEARING ON THE SALE OF CERTAIN LAND 7112 First Avenue 6310 15th Avenue WHEREAS, the City of Richfield, Minnesota (the "City") has considered purchase of 6310-15th Avenue with federal CDBG funds on behalf of the Housing and Redevelopment Authority in and for the City of Richfield (the "HRA") for 545,000. The property is further described as: Lot 3, Block 2, Nokomis Gardens Rearrangement of Block 1, 2, 3, 4, and 5 Girard Parkview Addition; and WHEREAS, the City has considered the purchase of 7112 First Avenue with federal CDBG funds on behalf of the HRA for 536,000. The property is further described as: Lot 4, Block 2, Sheldon Blair's Wooddale Fourth Addition; and WHEREAS, the City proposes to sell each real property to the HRA for 51.00 in furtherance of HRA housing programs; and WHEREAS, pursuant to the City Charter, Section 13.04, the City is authorized to sell its property following a public hearing and second reading of the transitory ordinances for which notice was published not less than ten days before such hearing. 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 to take those actions necessary to purchase 6310-15th Avenue for 545,000 and 7112 First Avenue for $36,000. 2. The City shall hold a public hearing and second reading of the ordinances regarding the sale of these properties to the HRA for 51.00 each on Monday, July 12, 1993. 3. The City Clerk is directed to publish notice of such hearing in the official newspaper of the City. Passed by the City Council of the City of Richfield this 28th day of June, 1993. i~U~ .__ . Martin J. K'rsch, Mayor ATTEST: r~ .~. ~.s--~% ~`~ ,. ~-~~, , Thomas P. Ferber, City Clerk