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1980-14219 HRA RESOLUTION N0. 142 .. RESOLUTION RELATING TO''REDEVELOPMENT OF LYNDALE HAP.DWARE SITE WHEREAS, the plans and programs of the Housing and Redevelopment Authority of Richfield, Minnesota include the redevelopment and upgrading of the Lyndale-Hub- . Nicollet Redevelopment Area ("LHN Area"), and WHEREAS, the Lyndale Hardware store site (the."Site") is located within the LHN Area, such Site being legally described as Lots 1, 2 and 11 through 17 inclusive, all in Block 1 Fairwood Shores Addition, and WHEREAS, it appears necessary and desirable to redevelop the Site in accordance with the redevelopment standards and guidelines for the LHN Area, and ' WHEREAS, the owners* of the Site have not heretofore indicated a willingness to develop or redevelop the Site ~ in accordance with the plans and programs applicable to the LHN Area, and . WHEREAS, the plans and programs for the LHN Area cannot be fully achieved and realized without the redevelopment of the Site, NOW~THEREFORE, BE IT RESOLVED by the Housing and Redevel- opment Authority of Richfield, Minnesota as follows: 1. The owners of the Site shall be and they are hereby requested and directed to take immediate steps to redevelop the Site in accordance with the plans, programs and guidelines applicable to the LHN Area. 2. In the event that the owners of the Site are unable or unwilling to take such action, they are hereby requested and directed to sell and transfer the Site to some other party who will promptly take mea- sures to redevelop the Site in accordance with such_ plans, programs and guidelines. 3. In the event that the owners of the Site have failed to take action under the foregoing Para- graphs 1 and 2 within 90 days. of the date hereof, the ~. ~ ~ - ~ - executive director of this Authority is hereby authorized and directed to institute eminent domain proceedings for the acquisition of the Site for the purposes of accomplish- ing the redevelopment of the Site in accordance with the plans, programs and guidelines applicable to the LHN Area. Pasted by the Housing and Redevelopment Authority of the City of Richfield the 16th day of June, 1980. .- E. Harms, Chairman ATTEST: ern.Lue v Secretary -, 1 u