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10-1068rHRA RESOLUTION NO. 1068 RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT 6938 13TH AVENUE UNDER THE RICHFIELD REDISCOVERED PROGRAM 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 the Richfield Rediscovered Program, said property being described as: 6938 13th Avenue The North 55 feet of .Lot 4, Blc Hennepin County, Minnesota; ck 2, "Richlands 2nd Addition" Torrens Certificate #1105562 WHEREAS, the HRA is authorized by Minnesota Statutes Section 469.012 to acquire real property within its area of operations; and WHEREAS, the Property is tax forfeited land, and the HRA desires to acquire the Property pursuant to Minn. Stat. Sec. 282.01; and WHEREAS, a proceeding subsequent to initial registration will be required to establish clear title to the property in the HRA; and WHEREAS, a purchase price has been negotiated; and WHEREAS, local 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, Minnesota as follows 1. The purchase price for the property at 6938 13th Avenue is approved at $46,579 using the Housing and Redevelopment Fund. 2. The Chairperson and Executive Director are authorized to execute purchase agreements and to take other actions necessary to purchase the property for the amount set forth in this Resolution, and to establish clear title to the property in the name of the HRA. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 16th day of February, 2010. Suz a M. Sandahl, Chair. ATTEST: ~~ z~ an Helmberger, Secretary