05-16-2022 HRA Resolution No. 1431HRA RESOLUTION NO. 1431
RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY
LOCATED AT 1516 - 66th STREET EAST
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota (“the HRA”) desires to purchase certain real property pursuant to and
in furtherance of redevelopment and the City’s Comprehensive Plan, said property being
described as:
Lots Eleven (11) and Twelve (12), Block Five (5), Nokomis Gardens Rearrangement of
Blocks One (1 ), Two (2), Three (3), Four (4) and Five (5), Girard Parkview, Hennepin
County, Minnesota, according to the duly recorded plat thereof.
WHEREAS, the HRA is authorized by Minnesota Statutes Section 469.012, subd.
1g to acquire real property within its area of operation; and
WHEREAS, HRA funds are available for acquisition purposes.
NOW THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment
Authority in and for the City of Richfield:
1. The purchase price for the property identified is approved not to exceed
$561,180, plus closing costs, not to exceed $25,000.
2. The Chairperson and Executive Director are authorized to execute a
Purchase Agreement and to take other actions necessary to purchase
the property for the amount set forth in this resolution.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota on this 16th day of May, 2022.
_______________________
Mary B. Supple, Chair
ATTEST:
_______________________
Maria Regan Gonzalez, Secretary