82-6651R83
RESOLUTION N0. 6651
RESOLUTION AUTHORIZING THE PURCHASE OF THE
HOUSE AND PROPERTY AT 7300 FIRST AVENUE SOUTH
WHEREAS, it has been determined that the property located
at 7300 First Avenue South is susceptable to seasonal flooding
hazards; and
WHEREAS, it has been determined to be in the best interest
of the City. of Richfield to purchase this property; and
WHEREAS, a purchase price of $69,500 has been determined and
the property owners, Mr. and Mrs. Christian Stromstad have signed
a purchase agreement.
NOW THEREFORE, be it resolved by the City Council of Richfield,
Minnesota:
1. That the city staff is authorized to take actions necessary
to purchase property located at 7300 First Avenue South
for $69,500;
2. That sanitary sewer funds be made available to purchase
said property;
3. That after the purchase of this property, minimum flood
proofing improvements be made to the property, including
but not limited to glass block windows and a gate on
the sanitary sewer; and
4. That when the flood proofing improvements have been completed,
the city will sell the property to willing buyer, who will
be required to sign a release admitting cognizance of the
flooding potential of this property.