1983-234111
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HRA RESOLUTION N0. 234
RESOLUTION AUTHORIZING THE EXECUTION OF A
CONTRACT WITH VOCATIONAL-TECHNICAL CENTER
WHEREAS, the Housing and Redevelopment Authority of Richfield
(HRA) cooperates with the South Hennepin Vocational-Technical
Center (Vo-Tech) to produce housing units for moderate income
families; and
WHEREAS, the HRA acquired the real property at 920 West 66th
Street, legally described as:
Lot 8, Rae Addition, Hennepin County; and'
WHEREAS ,. the existing structure located at 920 West 66th Street
has been 'found to be impractical for rehabilitation purposes; and
WHEREAS, a•public bidding process is necessary to sell the
existing house to the highest bidder so that new construction can
occur; and
WHEREAS, the contract costs for construction of a new duplex
structure will not exceed $ 93,788 ; and
WHEREAS, a method of financing is to be determines that will
continue to provide homes to moderate income families.
NOW; THEREFORE, BE IT RESOLVED by the Housing and Redevelop-
ment Authority of Richfield, Minnesota:
1. That the HRA Chairman and Executive Director are authorized
to enter into a contract with Vo-Tech for an amount not
to exceed $ 93,788 ;
2. That the HRA staff is directed to continue exploring
financing techniques that will enable the completed home
to be purchased by a moderate income family; and
3. That the sale and removal of the existing structure at
920 West 66th Street from the property is authorized.
Passed by the Housing and Redevelopment Authority of Richfield,
Minnesota this 17th day of October, 1983.
ATTEST:
omas E. Harms, C airman
J n Helmberger, Sec tart'