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082123 Resolution 1461HRA RESOLUTION NO. 1461 RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 6600 NEWTON AVENUE SOUTH TO MUNIRA ALI YUSEF, ABDIRIZAK YAHYE ABDINOOR and NAIMO ABDULLAHI FARAH WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (HRA) desires to develop certain real property pursuant to and in furtherance of the Richfield Rediscovered Program adopted by the HRA, said real property being described as: Address: 6600 Newton Avenue South Legal: The South 68.00 feet of Lot 1, Block 5, "Fairwood Park", Hennepin County, Minnesota. WHEREAS, the HRA is authorized to sell real property within its area of operation after a public hearing, and WHEREAS, the purchaser of the described property has been identified as Munira Ali Yusuf, Abdirizak Yahye Abdinoor and Naimo Abdullahi Farah, and WHEREAS, a Contract for Private Development has been prepared, and the sale price of 6600 Newton Avenue is $88,000 with performance security in the amount of $10,000; and WHEREAS, a public hearing has been held after proper public notice. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota: 1. A public hearing has been held and 6600 Newton Avenue South is authorized to be sold for $88,000 to Munira Ali Yusuf, Abdirizak Yahye Abdinoor and Naimo Abdullahi Farah; and 2. The Chairperson and Executive Director are authorized to execute a Contract for Private Development and other agreements as required to effectuate the sale to the Builder. Adopted by the Housing and Redevelopment Authody in and for the City of Richfield, Minnesota this 21 st day of August, 2023. �; V14", ATTEST: Erin Vrieze Da Is, Chair Sean Hayford 016ary, Secretary