1981-16542
HRA RESOLUTION N0. 165
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RESOLUTION RELATING TO THE
REDEVELOPMENT OF THE CLARK
OIL STATION, 220 WEST 66TH STREET
AND PROVIDING FOR THE PURCHASE THEREOF
WHEREAS, The Richfield Housing & 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 and the HRA,
said real property being described as in attachment A and also known as 220 West
66th Street Site, 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, Clark Oil and Refining 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, and
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 LHN Capital Improvement Fund has sufficient monies to provide
for the purchase, and
WHEREAS, the Planning Commission in Resolution No. 26 adopted January 27,
1981, found that the purchase and disposition of the site for commercial or office
use was in conformance with the comprehensive plan.
NOW, THEREFORE, BE IT RESOLVED BY THE RICHFIELD HOUSING AND REDEVELOPMENT
AUTHORITY:
1. The owners are hereby requested and directed to sell and transfer the
Site to the IIRA whicki will in turn sell and transfer the Site to some other party
who will promptly take measures to redevelop the Site in accordance with such
plans, programs and guidelines.
2. In the event that the owners of the Site have failed to take action
under the foregoing Paragraph 1 within 90 days of the date hereof, the EYecutiva
Director is Hereby authorized and directed to institute eminent domain proceedings
for the acquisition of the Site for the purposes of accomplishing the re-
development of the Site in accordance with the plans, programs and guidelines
applicable to the Lliv Area.
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3. That $180,000 is determined to be just compensation for the
subject real property.
4. The monies to purchase the property shall be borrowed from the LHN
_ Capital Improvement Fund at the rate of 9% per annum.
5. The Executive Director is directed and-authorized to execute a
purchase agreement for the amount of just compensation as indicated above.
Passed by the Housing-and Redevelopment Authority of the City of
Richfield the. 1st day of June, 1981.
f
omas E. Harms, Chairman
ATTEST:
I~lichael Freeman, Secretary
LEGAL DESCRIPTION
Property situated in Hennepin County, Minnesota:
The Easterly 240.95 feet, as. measured at right angles, of
the Southerly 150.00 feet,. as measured at right angles of the
following described property:
That part of the-South 53 1/3 rods of the Southeast Quarter
of the Northwest Quarter of Section 27, Township 28, Range 24,
Hennepin County, Minnesota, described as follows: Commencing
at a point on the South line of the above described tract
which is 25 feet East of the Southwest corner thereof; thence
North parallel with the West line of the above described tract
660 feet; thence East parallel with the North line of said
tract 303.7 feet; thence South 660 feet to a point in the
South line of said tract,. which is 302.9 feet East of the
point of beginning.
Subject to the following:
Easements for roadway purposes over the East 30 feet of the above
described parcel and over the South 43 feet of the above described
parcel running in favor of the City of Richfield.
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