92-7934R86
RESOLUTION NO. 7934
THE CITY OF RICHFIELD, MINNESOTA
RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY
6636 SHERIDAN AVENUE
WHEREAS, the City of Richfield, Minnesota, desires to
purchase certain real property being described as:
6636 Sheridan Avenue South; Lot 12, Block 4,
"Tingdale Bros.' Lincoln Hills" Hennepin County
WHEREAS, the City is authorized by Minnesota Statutes to
acquire real property within its jurisdiction; and
WHEREAS, the City has authorized a program which buys
residential property for the development of new homes; and
WHEREAS, the property has been voluntarily offered for sale
for $64,814; and
WHEREAS, the City would acquire the property to correct
blighting housing and public nuisance conditions and provide
housing in decent and safe condition; and
WHEREAS, a funding source has been identified.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Richfield, Minnesota as follows:
1. Staff is authorized to purchase 6636 Sheridan Avenue for
$64,814.
2. The City Manager and Mayor are authorized to execute a
purchase agreement and other documents as necessary to
effectuate the purchase.
Adopted by the City Council of the City of Richfield,
Minnesota this 23rd day of November, 1992.
~_..._ _ _
Martin J. K' sch, Mayor
ATTEST:
Thomas P. Ferber, City Clerk