83-6827R53
RESOLUTION NO. 6$27
REIMBURSEMENT FOR CP 705 ACQUISITION EXPENSES
RELATING TO SALE OF COUNTY OWNED PROPERTY TO
THE RICHFIELD HRA
WHEREAS, the City of Richfield and Hennepin County have
entered into agreements authorizing Hennepin County to purchase
necessary rights-of-way within the 66th Street improvement
project (City Project 705); and
WHEREAS, under these agreements the City of Richfield and
Hennepin County share the project costs; and
WHEREAS, Hennepin County has determined there is excess
right-of-way, which it holds title to, located at 920 West
66th Street and legally described as:
Lot 8, Rae Addition, Hennepin County; and
WHEREAS, the Housing and Redevelopment Authority in and
for the City of Richfield (HRA) desires to acquire this
property for housing purposes; and
WHEREAS, the HRA authorized purchase of the subject
property for $52,200, with said payment to be divided evenly
between Hennepin County and the City of Richfield.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Richfield, Minnesota:
- that $26,200 is accepted from the HRA for the City's
portion of the cost to the County of acquiring the
property at 920 West 66th Street;
- that $26,200 is to be paid to the County by the HRA
to reimburse the County for its interest in the
property at 920 West 66th Street; and
- that the $26,200 received by the City is to be
returned to CP 705; and
- that the City Manager is authorized to effectuate
this resolution.
Adopted by the City Council of the City of Richfield this 10th
day of October, 1983. ',
ATTEST:
ylvi Bergh, City Cler