1977-6370
HRA RESOLUTION NO. 63
RESOLUTION ESTABLISHING JUST COMPEN5ATTON
AND PROVIDING FOR THE COMMENCEMENT OF
NEGOTIATIONS-FOR THE PURCHASE OF REAL
PROPERTY AND IMMOVABLE FIXTURES
GIODDLAKE VETERINARY HOSPITAL
,WHEREAS, the Housing and Redevelopment Authority of Richfield (HRA)
desires to purchase certain real property and immovable fixtures as .
identified by the fixture appraiser, pursuant to and in furtherance of the
Lyndale/Hub/Nicollet Redevelopment Project heretofore..adopted by the
City of Richfield (the 11City") and the HRA, said real property being
described as follows:
That part of Lot 9, Block. 4, J. N. Hawser's Second Addition,
commencing at the Southeast corner of Lot 9; thence North
along the East line 140.00 feet; thence West parallel with
the South line 40.00 feet; thence. South and parallel with
the East. line 140.00 feet plus or minus to beginning,
Hennepin County, Minnesota, 600. West 6&th Street, Woodlake Vet
Hospital
WHEREAS,~the HRA has caused appraisals of the subject property to be
made, has carefully considered such appraisals, and believes the work of
uch appraisers was performed i.n a competent manner- and in accordance
ith applicable law. .
NOW, THEREFORE, BE IT RESOLVED BY THE HOUSING AND REDEVELOPMENT
AUTHORITY OF RICHFIELD:
1. That $87,872 is determined to be just compensation for the subject
real property and immovable fixtures.
2. That the Executive Director. and the HRA's Attorney are authorized
and directed to commence negotiations for the purchase"of the real property
and immovable fixtures. described above.
3. That the Executive-Director is hereby directed to notify, in
writing, the owner of the subject property, as soon as possible, that the
HRA presently intends ~..o acquire his property provided negotiations result
in the determination of a mutually agreeable sales price. The. Executive
Director shall include with such notification a statement which complies
with the requirements of regulations of the Department of Housing and Urban
Development,.24 C.F.R. X42.135. '
4. That upon. the completion of the negotiations,. the. Executive Director
shall report back to the HRA with a proposal for the purchase of said real
roperty and immovable fixtures which is acceptable to the owner(s), and
hall report his recommendation relating to said proposal.
assed by the Housing and Redevelopment
f September 1977.
ATTEST:
~~-«/
Ivan Ludem n Secretary
of Richf„~eld phis ,26 day