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1987-30667 HRA RESOLUTION N0. 306 AUTHORIZING THE ACQUISITION OF 619 E. 70th STREET AND 6840 HUMBOLDT AVENUE WHEREAS, the Housing and Redevelopment Authority (HRA) in and for the City of Richfield acquires property, relocates occupants, and builds and rehabilitates structures for residential purposes; and WHEREAS, the HRA desires to acquire the real property at 619 E. 70th Street, legally described as: All that part of the North 109.6 feet of the Northwest 114 of the Northwest 1/4 of the Northwest 1/4, of the Northwest 1/4, of Section 35., Township 28, North, Range 24, West of the Fourth Principal Meridian, lying East of the West 239 feet thereof. ALSO: The East 59 feet of the West 239 feet of the North 109.6 feet of the Northwest 1/4 of the Northwest 1/4 of Section 35, Township 28 North, Range 24, West of the Fourth Principal Meridian, EXCEPT the North 33 feet thereof, according to the United States Government Survey thereof and situate in Hennepin County, Minnesota MHEREAS, the HRA desires to acquire the real property at 6840 Humboldt Avenue South, legally described as: Lot 9, Block 2, Woodlake Highlands, Hennepin County; and WHEREAS, the owner of 619 E. 70th Street, Arnold Bixby as Trustee of the Allen E. Bixby Trust has volunteered to sell his property for $41,920; and MHEREAS, the owners of 6840 Humboldt Avenue South, Robert and Francine Thew have volunteered to sell their property for $41,400; and WHEREAS, the Planning Commission has found the acquisition of these parcels for residential purposes 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 actions to purchase the property located at 619 E. 70th Street for $41,920 and 6840 Humboldt Avenue for $41,400 utilizing CDBG funds. HRA Res. No. 306 Page 2 Passed by the Housing and Redevel t Authority in and for the City of Richfield this 17th day o ust, 1987. ~~ ^~ T mas E. Harms, Chairperson ATTEST: ti/ J, an Helmberger, Se etary 1