1988-33193
HRA RESOLUTION N0. 331
THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR
THE CITY OF RICHFIELD, MINNESOTA
RESOLUTION RELATING TO VO-TECH AGREEMENT FOR
6640 HUMBOLDT AVENUE SOUTH
MHEREAS, the Housing and Redevelopment Authority (HRA)
acquired the real property at 6840 Humboldt Avenue South, legally
described as:
Lot 9, Block 2
Woodlake Highlands Addition and;
MHEREAS, a project has been proposed in cooperation with
South Hennepin Vocational Technical Center (Vo-Tech); and
MHEREAS, the property at 6840 Humboldt Avenue South would be
developed with new construction; and
MHEREAS, the agreement price for the new construction
project will not exceed $ 56,501; and
MHEREAS, following completion of the new construction work
the property would be sold to a first time home buying, moderate
income family.
NOM, THEREFORE, BE IT RESOLVED by the Housing and
Redevelopment Authority in and for the City of Richfield,
Minnesota that the HRA Chairperson and Executive Director are
authorized to enter into a construction agreement for an amount
not to exceed $56,501 for the new construction project at 6840
" Humboldt Avenue South.
Adopted by the Housing and Redevelopment Authority in and
for the City of Richfield, Minnesota this 19th day of September,
1988.
,~~
~{
mas E. Harms, hairperson
ATTEST:
~~~
Japan Helmberger, Sec etary