1978-8289
HRA .RESOLUTION, NO. 82 •
RESOLUTION AUTHORIZING PURCHASE .OF
- REAL:,PROPERTY AT 6520 GRAND AVENUE-SOUTH.
' WHEREAS, the Housing and Redevelopment Authority of Richfield (HRA)
proposes to purchase certain real .property pursuant~to and in :furtherance
•of the Lyndale/Hub/Nicollet Redevelopment Projects heretofore adopted
b the Cit of Richfield (the "City") and the HRA,-said :real property-
being.described as Lot 4, Block 4, J. N. Hawser's Second Addition, Hennepin
County, Minnesota; and
WHEREAS, the Housing and Redevelopment Authority has caused appraisals
of subject property to be made and has carefully considered-such
appraisals; and '
WHEREAS, the Housing and Redevelopment. Authority is authorized by
Minnesota Statutes, Section-462.445 to purchase .real property; and
WHEREAS, the Housing and Redevelopment Authority has instructed the
Executive Director and. the HRA's attorney to commence negotiations for.
the purchase of the real property described :above; and '
WHEREAS, the negotiations for the real property described in the
above agreement have resulted in the execution of a purchase agreement
y the owner(s);
NOW,-THEREFORE, BE T'T~RESOLVED by the Housing and Redevelopment-
Authority of Richfield that the Executive Director is authorized to
execute the purchase agreement-and to purchase the above-described
property for $57_,000. .
Passed by the Housing and Redevelopment Authority of the City of Richfield
this .9th day of January , 1978..
o e L. Law C airman
ATTEST:
~ ~~
- Ivan Ludeman Secretary