1988-339101
HRA RESOLUTION N0. 339
RESOLUTION AUTHORIZING CONTRACT rITH
YO-TECH AND AN AGREEMENT TO ACQUIRE
STRUCTURE FROM CITY
MHEREAS, the Housing and Redevelopment Authority (HRA) has
acquired real property at 7000 Oakland Avenue South (also known
as 619 E. 70th Street) legally described as:
That part of the North 109.6 feet of the Northwest 1/4, of
the Northwest 1/4, of the Northwest 1/4, of the Northwest
1/4, lying East of the West 180 feet thereof, Section 35,
Township 28, Range 24, except the North 33 feet thereof.
MHEREAS, a project has been proposed in cooperation with
South Hennepin Vocational Technical Center (Vo-Tech); and
MHEREAS, a structure at 6315 Portland Avenue South has been
identified for relocation to 7000 Oakland Avenue South and
• rehabilitation to become a 4 bedroom, two bathroom dome; and
MHEREAS, the purchase price for the structure at 6315
Portland Avenue South is $2,100; and
MHEREAS, the contract price for the rehabilitation of the
project at 7000 Oakland will not exceed $63,121; and
MHEREAS, following completion of the rehabilitation 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:
1. Enter into an agreement with the city to acquire the
structure at 6315 Portland Avenue South for $2,100.
2. Enter into a construction contract with the Vo-Tech
for an amount not to exceed $63,121 for the housing
rehabilitation project to be completed at 7000 Oakland
Avenue South pending City Council authorization to
sell the structure.
Adopted by the Housing and. Redevelopment Authority in and
for the City of Richfield, Minnesota this 21st day of November,
1988 .
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homes Harms, ha rperson
ATTEST:
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J n Helmberger, Secr ary