1990-380142
RESOLUTION N0. 380
THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND
FOR THE CITY OF RICHFIELD, MINNESOTA
RESOLUTION RELATING TO VO-TECH AGREEMENT FOR
6321 MORGAN AVENUE SOUTH
WHEREAS, The Housing and Redevelopment Authority (HRA)
acquired the real property at 6321 Morgan Avenue South, legally
described as:
Lot 19, and the North 20 feet of Lot 18, Hlock 9
Ray's Lynnhurst Addition
WHEREAS, a project has been proposed in cooperation with
South Hennepin Vocational Technical Center (Vo-Tech); and
WHEREAS, the property at 6321 Morgan Avenue South would be
developed with new construction; and
WHEREAS, the Agreement price for the new construction
project will not exceed $66,307; 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 $66,307 for the new construction project at 6321
Morgan Avenue South.
Adopted by the Housing and Redevelopment Authority in and
for the City of Richfield, Minnesota this 1st day of May, 1990.
~ ,~ ~ a v
omas E. Harms, Chairperson
ATTEST:
J n Helmberger, Secr ary
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