1977-3845
- HRA RESOLUTION NO. 38
• RESOLUTION AUTHORIZING~RESALE .
OF PROPERTX AT 7238 G~IENTWORTH AVENUE SOUTH
WHEREAS, on July 14, 1975, the City of Richfield, Minnesota
(the "City"~ and the Housing and Redevelopment Authority of Richfield,
Minnesota, (the "HRA") entered into an agreement to implement the
New Home Program in order to provide moderately-priced housing for
large families; and
WHEREAS, on October 3, 1976, the City received Community
Development Block Grant funds from the Federal Department of Housing
and Urban Development and allocated $37,500 for those funds for
housing rehabilitation efforts by the HRA;-and
WHEREAS, on December 6, 1976, the HRA authorized the execution
of a contract with Suburban Hennepin County Area Vocational-Technical
Schools (the "Vo-Tec"} for the substantial rehabilitation of the
property located at 7238 Wentworth Avenue South and on that same
date the HRA authorized the acquisition of the above-noted property
for this purpose;, and
WHEREAS, on July 18, 1977, this property was inspected by the
City and by the HRA and the work performed by-the Vo-Ted was found
to be fully completed in conformance with the executed contract and.
with applicable laws, codes, and ordinances; and
WHEREAS, it is now deemed desirable to resell the property at~
7238 Wentworth Avenue South; ,
NOW, THEREFORE, BE IT RESOLVED, that the Housing and Redevelopment
Authority of Richfield, Minnesota, authorize the offering for sale
of the property at 7238 Wentworth Avenue South to a moderate-income
family. for a purchase price of $42,500, with~any sales agreement to .
be submitted to the HRA for final approval; and
HE TT FURTHER RESOLVED, that upon the completion of the resale,
Suburban Hennepin County Area Vocational Technical Centers be paid
$16,000 as General Contractor for the remodeling of the above-noted
property and that the remaining proceeds be deposited into the New Home
Program revolving fund.
Passed this 25th day of
AfiTEST s ..
Ivan Lude an Secretary
L.
1977.
rman