86-7171R47
RESOLUTION N0. 7171
RESOLUTION AMENDING RESOLUTION N0. 7163
AND AUTHORIZING THE RENEGOTIATED PURCHASE
PRICE FOR 6339 PORTLAND AVENUE FOR PARK PURPOSES
WHEREAS, on April 28, 1986 the city council of the City of
Richfield passed Resolution No. 7163, authorizing the purchase of
the property at 6339 Portland Avenue for the purchase price of
$85,200, and
WHEREAS, the city 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, since April 28, 1986 the seller has obtained
additional estimates and indicated an interest in reopening
negotiations for the purchase of this dwelling, and
WHEREAS,' the city staff has negotiated a selling price of
$86,200 in lieu of the rental opportunity through the calendar
year 1986, and
WHEREAS, funds for the purchase of these properties are
available in the Parkland Acquisition Fund and the Legion Lake
Project Fund.
NOW, THEREFORE, BE IT RESOLVED that the City. Council of the
City of Richfield does hereby approve the purchase of 6339
Portland Avenue for a purchase price of $86,200 with real estate
taxes and installments on special assessments to be prorated as
of the date of closing, that there be no rental opportunity, and
with any relocation benefits for the seller to be waived.
Passed by the City Council of the
Minnesota this 27th day of May, 19~.
n ham
ATTEST:
Thomas Ferber City Clerk
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