12-12-1977HOUSING AND REDEVELOPMENT AUTHORITY
OF RICHFIELD, MINNESOTA
Regular Meeting of December 12, 1977
The Housing and Redevelopment Authority of the City of Richfield met in
regular session in the council chambers of the city hall on December 12, 1977 at
10:05 p.m.
The meeting was called to order by Chairman. Law.
Present: Anderson, Jacobsen, Ludeman, Luettinger, Law
1. Minutes
Motion by Ludeman, seconded by Jacobsen that the minutes of the November 22,
1977 regular meeting be approved as submitted.
A11 ayes - Carried.
2. Acquisition of Northwestern Bell Telephone Property, 6521 Grand Avenue
The city attorney reviewed the negotiations that had transpired since last
August with the Northwestern Bell Telephone Company for purchase of the residential
lot they own at 6521 Grand Avenue. He reported that a purchase price of $31,275
had been agreed to by Northwestern Be11 Telephone Company, and summarized the staff
recommendation that the HRA authorize purchase of the property at 6521 Grand Avenue
South for this amount.
Motion by Luettinger, seconded by Anderson that the following resolution be
adopted; that it be spread in the resolution book and that it be made a part of
these minutes:
HRA RESOLUTION N0. 73
RESOLUTION AUTHORIZING PURCHASE OF
REAL PROPERTY .AT 6521 GRAND AVENUE SOUTH
Poll of votes: Ayes - Anderson, Jacobsen, Ludeman, Luettinger, Law. Nayes - None.
Carried. This resolution appears as Resolution No. 73 in Resolution Book No. 1.
3. Acquisition of Property at 6600 Graham Avenue
The Executive Director informed the HRA that Mr. Joong MonMoy, owner of the
HRA Meeting Minutes -2- December 12, 1977
property at 6600 Graham Avenue, had asked the HRA to purchase his property. He
requested the HRA to establish the fair market value on the property at $43,500
and to authorize borrowing $50,000 from the City of Richfield to cover the purchase
and relocation costs of acquiring this property.
Motion by Jacobsen, seconded by Anderson that the following resolution be
adopted; that it be spread in the resolution book and that it be made a part of
these minutes:
HRA RESOLUTION N0. 74
RESOLUTION ESTABLISHING FAIR
MARKET VALUE AND PROVIDING
FOR THE ACQUISITION OF
REAL PROPERTY AT 6600 GRAHAM AVENUE
Poll of votes: Ayes - Anderson, Jacobsen, Law. Nayes - Ludeman, Luettinger. Carried.
This resolution appears as Resolution No. 74 in Resolution Book No. 1.
Motion by Jacobsen, seconded by Anderson to authorize the chairman and executive
director to execute a loan agreement- with the City of Richfield in the amount of
$50,000.
Poll of votes: Ayes - Anderson, Jacobsen, Law. Nayes - Ludeman, Luettinger. Carried.
4. Setting of Date for Special HRA Meeting
Motion by Anderson, seconded by Jacobsen to set a special meeting for December Z0,
1977 at 7:00 p.m. for the purpose of considering the developer's agreement for the site
north of the Lyndale Liquor Store.
A11 ayes - Carried.
5. Claims and Payrolls
Motion by Jacobsen, seconded by Luettinger that the following claims and
payrolls be approved:
1