1989-355117
HRA RESOLUTION N0. 355
The Housing and Redevelopment Authority In And
For the City of Richfield, Minnesota
Resolution Relating to Vo-Tech Agreement for '
7101 First Avenue South
1
WHEREAS, The Housing and Redevelopment Authority (HRA)
acquired the real property at 7101 First Avenue South, legally
described as:
Lot 24, Hlock 1
Sheldon Blair's Wooddale Fourth Addition; and
WHEREAS, a project has been proposed in cooperation with
South Hennepin Vocational Technical Center (Vo-Tech); and
WHEREAS, the property at 7101 First Avenue South would be
developed with new construction; and
WHEREAS, the Agreement price for the new construction
project will not exceed $59,101; and
WHEREAS, following completion of the new construction work
the property will be sold to a first time home buying, moderate
income family.
NOW, 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 559,101 for the new construction project at 7101
First Avenue South.
Adopted by the Housing and Redevelopment Authority in and of
the City of Richfield, Minnesota this 21st day of August, 1989.
G'
omas E. Harms, Chairperson
ATTEST:
an Helmberger, Se retary