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1984-25412 HRA Resolution .No. 254. Resolution Authorizing the Acquisition of 801-03 Rae Drive WHEREAS, the Housing and Redevelopment Authority (HRA) in and for the City of Richfield does acquire property and relocate, rehabilitate and build structures for residential housing purposes; and WHEREAS, the HRA desires to acquire the real property at 801 and 803 Rae Drive Street, legally described as: Lot 6, Rae Addition, Hennepin County; and WHEREAS, the owner, Elmer Nordstrom, has offered to sell this property for $80,000; and WHEREAS, the Planning Commission has found the acquisition of these parcels for residential pure-ores to be consistent with the Comprehensive Plan; and WHEREAS, Community Development Block Grant`(CDBG) funds will finance the acquisition of these parcels. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota that the HRA Chairman and Executive Director are authorized to take necessary action to purchase the property located at 901 and 803 Rae Drive Street for $80,000 utilizing CDBG funds. Passed by the Housing and Redeve o ment Authority in and for the City of Richfield this 20th da d August, ,1984• ~~~~~a ~ ,~~~~~~~~ homas Harms, C airman ATTEST: .~a~.a J an He mberger, Sec etary