1982-19774
RESOLUTION NO. 197
RESOLUTION ESTABLISHING JUST COMPENSATION
(HAGEN FURS, 6601 LYNDALE)
WHEREAS, the Housing and Redevelopment Authority in and for.
the City of Richfield has authorized the acquisition by eminent
domain of the tract of land described in Exhibit A which is
attached hereto and made a part hereof as i,f fully set out at this
points and
WHEREAS, the Housing and Redevelopment Authority has caused
an appraisal of the property described in Exhibit A to be made
appraising the market value of the real estate; and
WHEREAS, the Housing and Redevelopment Authority, finds such
appraisal. to be made in a competent manner and in accordance with -
applicable law;
NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelop-
ment Authority in and for the City of Richfield that the fair
market value and dust compensation for the lands described in
Exhibit A, based upon the approved appraisal of value is $65,000.00.
Passed by the Housing and Redevelopment Authority in and for
the City of Richfield this 17th day of Ma , 1982.
., ~
o s Harms, C airman
ATTEST:
Michael 0. Freeman, Secretary
. Exhibit A
PROPERTY DESCRIPTION
That part of Lot 1, Block 3, J. W. Hawser's
Addition, Hennepin County, Minnesota, described
as follows: Beginning at the Northwest corner
of said Lot l; thence East along the North
line to the Northeast corner thereof; thence
South along the East line of said lot a dis-
tance of 5.4.95 feet; thence West t® a point
in the Westerly line of said lot which point
is Southwesterly from the point of beginning
a distance of 58.6 feet; thence Northeasterly
along said Westerly line to the point of
beginning, excepting therefrom all that part
of the above--described property lying Easterly
of the followa.ng described linee Beginning
at a point on the North line of the above-
described property, said point being 65.54
feet Wes: of the Northeast corner thereof,
as measured along the North line thereof;
thence running Southerly to a point in the
South line of the above described property
said point being 65.07 feet West of the South-
east corner of said property, as measured
along the South line thereof, subject to and
together with a right of a joint party wall
the center line of which is the East boundary
line of lands herein conveyed and the West
line of lands herein excepted and cost of
repairing and maintaining said common wall is
to be borne equally by owners of lands herein
conveyed and owners of land herein excepted.
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