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1985-263HRA RESOLUTION N0. 263 RESOLUTION AUTHORIZING THE ACQUISITION OF TAX FORFEITED LAND AT 6941-45 PENN AVENUE SOUTH. WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield (HRA) has been offered the tax forfeited land at 6941-45 Penn Avenue South, legally described as: Lot 10, Block 10 Wood Lake~Highland and Lot 13 in Block 10 of Tingdale Bros. Lincoln Hills Second Addition 1 WHEREAS, this property can be conveyed to the HRA by Hennepin County for the State of Minnesota, and WHEREAS, the site has been found suitable for development of housing, and WHEREAS, it is anticipated that this project can be coordinated with other housing projects currently being developed, and WHEREAS, the HRA will be able to provide land acquisition and mortgage financing assistance.to improve the affordability of the project. Now, therefore, be it resolved by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota: 1. That the HRA authorize the acquisition of the property located at 6941-45 Penn Avenue South from the State of Minnesota for housing purposes. 2. The Executive Director is authorized to prepare and submit an "Application by a Governmental Subdivision for Conveyance of Tax Forfeited Land" to Hennepin County. Passed by the Housing and Redevelopment Authority of Richfield, Minnesota this 20 day of May, 1985• ~~ -omas arms, hairman ATTEST: Jo Helm a ger, Secre ary 21