1987-30465
!.~
HRA RESOLUTION NO. 304
• RESOLUTION AIITHORIZING PIIRCHASE
OF REAL PROPERTY
AT 7645 GARFIELD AND 7644 HARRIET AVENUES
T~IHEREAS, the Richfield Housing and Redevelopment Authority
(HRA) desires to purchase certain real property pursuant to and
in furtherance of the ILN Redevelopment Project (Project)
heretofore adopted by the City of Richfield (City) and the HRA,
said real properties being described as follows:
Lot 9, Block 6,Sunset Terrace Addn. Henn. Cty., MN(7645 Garfield).
Lot 8, Block 6,Sunset Terrace Addn. Henn. Cty., MN (7644 Harriet)
WHFREP,S, the HRA in and for the' City of Richfield, is
authorized by Minnesota Statutes Section 462.445 to acquire real
property within its area of operation; and
WHEREAS, the HRA has caused appraisals of the subject
properties to be made and has carefully considered such
appraisals; and
WHEREAS, the HRA has instructed the Executive Director to
com*nence negotiations for the purchase of the real property
described above; and
WHERF.AR, the negotiations for the above described real
property has resulted in the execution of a purchase agreement by
the sellers; and
WHEREAS, the funds are available from the proceeds of sale
of the Temporary Redevelopment Bonds, Series 1985; and
WHEREAS, the HRA is acquiring 7644 and 7645 Garfield and
7644 Harriet Avenue on behalf of the City to permit the
installation of right-of-way improvements. .
'. NOW, THEREgORE, BE IT RESOLVED BY THE RICHFIELD HOUSING AND
REDEVELOPMENT AUTHORITY:
1. The Executive Director
agreements as follows:
7645 Garfield Avenue:
7644 Harriet Avenue:
2. That the conveyance of
7644 Harriet Avenues t~
hereby authorized.
is directed to execute the purchase
$77,000
$70.,000
title to 7644 and 7645 Garfield and
~ the City at the appropriate time is
Passed by the Housing and Rede~ opment Authorit thisl5th
day of June, 1987.
homas E. Harms, Chairman
ATTEST:
_C~~/l' •~c~ity
Jo Helmberger „Secreta y