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1989-354116 HRA RESOLUTION N0. 354 THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, MINNESOTA RELATING TO NEGOTIATION OF AGREEMENT INTERSTATE-LYNDALE-NICOLLET PROJECT AREA WITH THE ROBERT LARSEN PARTNERS WHEREAS, The City of Richfield, Minnesota and the Housing and Redevelopment Authority in and for the City of Richfield (BRA) have established the Interstate-Lyndale-Nicollet Redevelopment Project Area (ILN); and WHEREAS, the HRA is seeking to redevelop the ILN; and WHEREAS, The Robert Larsen Partners have submitted a concept plan (Concept) for redeveloping a portion of the ILN; and WHEREAS, the HRA desires to determine the feasibility of the Concept. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota that: 1. The Executive Director is authorized to negotiate an exclusive negotiation agreement. 2. Upon completion of negotiations, the agreement shall be presented to the HRA for action. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota thi 1st day of Aug st, 1989. ~~~ homas E. Harms, Chairperson ATTEST: an Helmberger, ecretary