86-7163RJ J
RESOLUTION N0. 7163
RESOLUTION~AUTHORIZING THE PURCHASE OF THE
PROPERTIES AT 6329 AND 6339 PORTLAND AVENUE
FOR PARK PURPOSES
WHEREAS, the city council has indicated its willingness to
purchase property on the east side of Portland Avenue north of
66th Street for park purposes when such property is available for
purchase, and
WHEREAS, the properties at 6329 and 6339. Portland Avenue are
available for purchase and the city staff has negotiated purchase
agreements for these properties, and
WHEREAS, the city as buyer, and the owner of 6329 Portland
Avenue as seller, have agreed to a purchase price of $78,000 with
real estate taxes and installments on special assessments to be
prorated as of the date of closing, and with any relocation
benefits for the seller to be waived, and
WHEREAS, the city as buyer, and the owner of 6339 Portland
Avenue as seller, have agreed to a purchase price of $85,200 with
real estate taxes and installments on special assessments to be
prorated as of the date of closing, and with any relocation
benefits for the seller to be waived. The city has also agreed
to rent the dwelling at 6339 Portland Avenue to the seller for
the remainder of 1986 at a rental rate of $250/month, and
WHEREAS, funds for the purchase of these properties are
available in the Parkland Acquisition Fund and Legion Lake
Project Fund.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Richfield, Minnesota that the purchase of the properties
at 6329 and 6339 Portland Avenue, for the terms outlined above,
is hereby approved.
Passed this 28th day of Apri
ATTEST:
Thomas Ferber City Clerk