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1985-26119 HRA RESOLUTION N0. 261 r- r. 1 Resolution Authorizing the Acquisition of 7508 Colfax Avenue WHEREAS, the Housing and Redevelopment Authority (HRA) in and for the City of Richfield acquires property, relocates occupants and rehabilitates structures far residential purposes; and WHEREAS, the HRA desires to acquire the real property at 7508 Colfax Avenue, legally described as: Lot 3: Block 22, Irwin Shores Addition, Hennepin County; and WHEREAS, the owner of 7508 Colfax Avenue, Rodd H. Johnson has volunteered to sell his property for $41,00.0; and WHEREAS, the Planning Commission has found the acquisition 'of this parcel for single family residential purposes to be consistent with the Comprehensive Plan; and WHEREAS, Community Development Block Grant (CDBG) funds will finance the acquisition of this parcel. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and far the City of Richfield, Minnesota: That the HRA Chairman and Executive Director are authorized to take necessary actions to purchase the property located at 7508 Colfax Avenue for $41,000. `Passed by the Housing and Redev ent Authority inn and far the City of Richfield this 20th da May, 1985.E ~' / ~~~ ~ ~ mas E .~I- arms; ! h~ airman ATTEST: Jo a mberger, Secre ary