1989-372134
RESOLUTION N0. 372
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THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF RICHFIELD, MINNESOTA
RESOLUTION AUTHORIZING THE ACQUISITION OF
7021 1ST AVENUE SOUTH
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 7021
1st Avenue South, legally described as:
Sectic:i 34, Township 028, Range 24 S. 75 ft. of N. 330
35/100 ft. of W. 1/2 of E. 1/2 of NW 1/4 of NW 1/4 of N.E.
1/4 Ex St; and
WHEREAS, the Department of Housing and Urban Development
(HUD) has offered the HRA the first option to purchase the
property; and
and
WHEREAS, a purchase price of $35,910 has been negotiated;
WHEREAS, Community Development Block Grant (CDBG) funds will
finance the acquisition of this parcel and the demolition of the
structure; and
WHEREAS, the Planning Commission has determined that the
acquisition and disposition of this property for residential
purposes conforms to the Comprehensive Plan; and
WHEREAS, the MN Historical Society will make a determination
as to the significance of the structure and feasibility for its
retention.
NOW, THEREFORE, be it resolved by the Housing and
Redevelopment Authority in and for the City of Richfield,
Minnesota:
That with a finding by the MN Historical Society that the
structure is not suitable for retention, the HRA Chairperson and
Executive Director are authorized to take necessary action to
purchase the property located at 7021 1st Avenue South for
535,910.
Passed by the Housing and
the City of Richfield this 18th
Redevelopment Authority in and for
day of tuber, 1989
omas E. Hatms, Chairperson
EST:
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J n Helmbe ger, Secre ary
r