1981-16340
HRA RESOLUTION NO. 163
RESOLUTION AUTHORIZING THE
PURCHASE OF REAL PROPERTY
AT 6329-35-40-99 ALDRICH AVENUE
(~~ )
WHEREAS, the Richfield Housing and Redevelopment Authority
(HRA) desires to purchase certain real property pursuant to and
in furtherance of the L/H/N Redevelopment Project heretofore
adopted by the City of Richfield (the "City") and the HRA, said
real property being as described on the attached Exhibit A.
WHEREAS, the HRA has caused appraisals of the subject
property to be made and has carefully considered such appraisals,
and
WHEREAS, the HRA is authorized by Minnesota Statutes,
Section 462.445 to purchase real property, and
WHEREAS, the HRA has instructed the Executive Director and
Attorney to commence negotiations for the real property described
in said Exhibit A, and
WHEREAS, the negotiations for the above described real
~'~property has resulted in the execution of a purchase agreement
by the seller,
NOW, THEREFORE, BE IT RESOLVED BY THE RICHFIELD HOUSING AND
REDEVELOPMENT AUTHORITY:
1. The Executive Director is directed to purchase. the
above described property for two hundred and five thousand no/100
dollars ($205,000.00), plus taxes.
Passed by the Housing and Redevelopment Authority of Richfield
this 18th day of May, 1981.
~~~ ~ ~~~r.~~
T mas .Harms, airman
ATTEST:
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Ml a Freeman, Secretary
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