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1978-93l02 HRA RESOLUTION N0. 93 RESOLUTION AUT HORIZING SALE OF PROPERTY IMPROVEMENTS LOCATED AT 6515 GRAND AVENUE SOUTH WHEREAS, the Housing and Redevelopment Authority of Richfield (HRA) has purchased certain real property pursuant to and in furtherance of the Lyndale/ Hub/Nicollet Redevelopment Project, heretofore adopted by the City of. Richfield (the "City") and the HRA, said real property being described as Lot 3, Block 3, J. N. Hauser's Second Addition, Hennepin County, Minnesota, 6515 Grand Avenue South; and WHEREAS, the Housing and Redevelopment Authority is desirous of removing the existing improvements, specifically the house and garage, furtherance of the Project; and WHEREAS, the Housing and Redevelopment Authority has requested informal appraisals of said improvements and has carefully considered such appraisals; and WHEREAS, the Housing and Redevelopment Authority has received an offer to purchase said improvements for $5,000 from Mr. and Mrs. Steve Rosen; and WHEREAS, this offer has resulted in the execution of a purchase agreement by the purchaser(s). NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority of Richfield that the Executive Director is authorized to execute the purchase agreement and to sell the house and garage at the above described location for $5,000.00. Passed by the Housing and Redevelopment Authority of the City of Richfield, this 12th day of June, 1978. ATTEST: Ivan deman Secretary