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91-7739RRESOLUTION NO. 7739 THE CITY OF RICHFIELD, MINNESOTA RESOLUTION AUTHORIZING LOAN APPLICATION FOR ACQUISITION OF 77TH STREET RIGHT-OF-WAY; 7645 WENTWORTH AVENUE WHEREAS, the City of Richfield has adopted an official map for improvements to 77th Street; WHEREAS, the improvements to 77th Street necessitate the purchase of real estate including the property at 7645 Wentworth Avenue; and WHEREAS, City funds are presently not available for purchase of real estate; WHEREAS, the Metropolitan Council under Minnesota Statute 473.167., Subd. 2 a. administers the Right-Of-Way Acquisition Loan Fund (RALF) to acquire properties so situated with owners who are experiencing a hardship; WHEREAS, the Metropolitan Council has indicated that RALF monies would be made available for the purchase of "hardship properties" along 77th Street; WHEREAS, the owner of this property may qualify for purchase under the hardship provisions of RALF. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota, that the City Manager submit an application to the Metropolitan Council under the RALF program for purposes of initiating the process which may result in the acquisition of the property at 7645 Wentworth Avenue. Adopted by the City Council of the City of Richfield, Minnesota this 13th day of May, 1991. ~~ .1 Martin J irsch, Mayor ATTEST: Thomas P. Ferber, City Clerk