041524 Resolution 1479HRA RESOLUTION NO. 1479
RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY
LOCATED AT 6525 PENN AVENUE SOUTH
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:
The WEST 1/8 OF THAT PART OF THE NORTH 3/4 OF THE SOUTHWEST 1/4 OF THE
NORTHWEST 1/4 LYING SOUTH OF THE NORTH 876.8 FEETT THEREOF EXCEPT
HIGHWAY
WHEREAS, the HRA is authorized by Minnesota Statutes Section 469.012, subd.
1 g to acquire real property within its area of operation; and
WHEREAS, the property is tax forfeited and Minnesota Statutes Section 282
provides the process for tax forfeiture and subsequent re -sale of that property, allowing
purchase of tax forfeited property by a governmental subdivision; 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:
The purchase price for the property identified is approved at
$209, 333.77.
2. The Chairperson and Executive Director are authorized to take any
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 15th day of April, 2024.
Erin Vr ez ❑a , Chair
ATTEST:
Sean Hayfo Oieary, Secretary
04152024 6525 Penn Acquisition. docx