78-5920R,~ ,
RESOLUTION N0. 5920
RESOLUTION APPROVING SALE OF
CERTAIN REAL FROrr~RTY IN THE CITY
WHEREAS, the City of Richfield,by ordinance has provided for
the disposition of certain real property hereinafter described;
and
WHEREAS, the Housing and Redevelopment Authority of Richfield
has offered to purchase said real estate subject to the restrictions
and reservations hereinafter set forth;
NOW, THEREFORE BE IT RESOLVED by the City Council of the City
of Richf-field, Minnesota as follows:,
1. The City Manager and Mayor are authorized to execute all
necessary documents to accomplish the sale of the follow-
-- ing described property:-
That part of Tract C, Registered Land Survey
No. 1131, files of the Registrar of Titles,
Hennepin County, Minnesota, lying northwest-
_ erly of the following described line:
' Beginning at a point on the southwesterly
line of said Tract C, distant 40.25 feet
southeasterly from the most westerly corner
Tract C; thence northeasterly 146.58 feet para-
llel with the northwesterly line of said
Tract C; thence northeasterly 103.08 feet,
parallel with the southeasterly line of said
Tract C, to the northeasterly line of said
Tract C, and there terminating.
to the Housing and Redevelopment Authority of Richfield,
Minnesota.
2. The sale price shall be $40,590.90 payable on the date of
closing.
3. The conveyance of the property above described shall be
subject to the reservation of an easement appurtenant to
the retained portion of Tract C for ingress, egress,
maintenance and parking purposes over, under, across and
through the following described portion of the property
conveyed:
Beginning at a point on the most easterly corner
of the property conveyed, thence southwesterly
and parallel with the southeasterly line on Tract
C 103.08 feet, thence southwesterly and parallel
with the northwesterly line of said Tract C and
distance of 10.00 feet, thence northerly at right
angles with the northwesterly line of Tract C
31
-2-
-~ to the northwesterly line of .said Tract C, thence
northeasterly along the said northwesterly line of
said Tract C to the northeasterly corner of said
Tract C, thence southeasterly along the northeasterly
line of said Tract ,C to the point of beginning.
The said easement area s,hall~also be available to the Housing
and Redevelopment Authority,~,,its successors and assigns for the pur-
pose of ingress, egress., parking and similar activities not incon-
sistent with the retained right of the city therein.
Passed by the City Council of the City of Richfield, Minnesota this
20th day of .June, 1978.
~', o en L. Law, Na r
'ATTEST:
~ 6~ ~~'~-Al/
omas J. Mo n, City Clerk ',