1978-89r
HRA RESOLUTION NO. 89
RESOLUTION AUTHORIZING PURCHASE OF
REAL PROPERTY AND IMDIOVABLE FIXTURES
6531 LYNDALE AVENUE SOUTH
97
~'~nfiHEREAS, the Housing and Redevelopment Authority of Rich-
field (HRA) proposed 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, here-
tofore adopted by the City of Richfield (the "City") and the HRA,
said real property being described as that part of Lot 9 lyincr North
of the South 140 feet thereof and South of the North 2.78.45 feet
thereof; also the North 117.56 feet of Lot 10, Block 4, J. N. Hauser's
- Second Addition, Hennepin County, Minnesota, 6531 Lyndale Avenue South,
Country Kitchen Restaurant; 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
ized by Minnesota Statutes, Se.
and immovable fixtures; and
f(~1HEREAS, the Housing
ted the Executive Director and
ations for the purchase o_f the
immovable fixtures; and
and Redeve~.opment Authority is author-
~tion 462.445 to purchase real property
and Redevelopment Authority has instruc-
the HRA's Attorney to commence negoti-
real property described above and for
WHEREAS, the negotiations for the real property and immova-
ble fixtures..described in the above agreement have resulted in the
execution of a purchase agreement by the owners;
NOti~T, THEREFORE, BE IT RESOLVED, by the Housing and Redevelop-
ment Authority that the Executive Director is authorized to execute
the purchase agreement and to purchase the above-described property
for $367,500.00.
Passed this 27th day of March ~ , 1978 by the Housing
and Redevelopment Authority of Richfield, Minnesota.
ATTEST:
~'(/
Ivan Ludeman, cretary
:.
.~ ,
a•
a
title in the subject property for the purpose of redevelopment.
The real property to be condemned shall be the property being
in Hennepin County and legally described as:
The West 25 feet of the South 140 feet of Lot 9, Block 4,
"J. N. Hauser's Second Addition", and that part of Lot 10,
Block 4, "J. N. Hauser's Second Addition" lying South of
the north 117.56 feet thereof and North and East of the
following described line:
. -- -~ ~`° Commencing at a point on the South line of -said Lot
-10 distant 90.00 feet East from the Southwest corner
of said Lot 10, thence Northerly 150.OO~f eet at right
angles to the South line of said Lot 10; thence
Northwesterly, deflecting to the left 69 degrees, 65
minutes, 30 seconds to a point 117.56 feet Southerly
measured at right angles from the North line of said
Lot L0, and there terminating. _
Authority is further given to obtain title and possession as
soon as may be allowed by law.
2. The Executive Director and the Board Chairman are
authorized, on behalf of tze Housing and Redevelopment
Authority of Richfield, ivlinnesota to execute the joint
acquisition agreement given clerk's file number C-9820
Passed.by the Housing and Redevelopment Authority of the City of
Richfield, Minnesota this 27th day of March,~1978:-
ATTEST:
Ivan Ludeman Secretary
98
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