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1990-388150 RESOLUTION NO. 388 THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, MINNESOTA RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 7210 James Avenue 7145 James Avenue 6425 15th Avenue 6518 15th Avenue 7320 5th Avenue 6315 Dupont Avenue To Marv Anderson Homes, Inc., In Accordance With A Development Agreement. WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield Minnesota (HRA) desires to develop certain real property pursuant to and in furtherance of the Expanded New Home Program Redevelopment Project (Project) heretofore adopted by the City of Richfield (City) and the HRA, said real properties being described as follows: Tract B, RLS No. 770, Files of the Registrar of Titles; and, Lots 8 and all of Lot 9 except the North 40 feet thereof, Block 2 of Forest Lawn Second; and, Lot 16, Block 6 Girard Parkview; and, Lot 5, Block 4 "Nokomis Gardens Rearrangement" of Hlock One (1), Two (2), Three (3), Four (4) and Five (5), Girard Parkview; and, Lot 6, Block 2, "Blair's Woodale Third Addition" Lot 8, 9, and 10, Block 4, "Ray's Lynnhurst 2nd Addition". WHEREAS, the HRA is authorized to sell real property within its area of operation after public hearing; and, WHEREAS, a developer, Marv Anderson Inc., Bloomington, has been identified as the purchaser of the described property, in accordance with a development agreement; and, WHEREAS, the public hearing has been held after proper public notice; and, WHEREAS, the Planning Commission has made a finding that the disposition of the property for residential purposes is ' consistent with the comprehensive plan. NOW, THEREFORE, BE IT RESOLVED by the Richfield Housing and Redevelopment Authority: 1. A public hearing has been held and are sold to Marv Anderson, Inc., in development agreement with the HRA: 7210 James Avenue $25,000 7145 James Avenue $30,000 6425 15th Avenue $22,500 6518 15th Avenue $28,500 7320 5th Avenue $26,600 6315 Dupont Avenue $60,000 the following properties accordance with a 2. That the Chairperson and Executive Director are authorized to execute the Development Agreement with Marv Anderson, Inc. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield Minnesota this 17th day of September, 1990. ./ T % Thomas E. Harms, Chairperson ATTEST: f an Helmberger, Secr tary H90-3-0300 fl