1990-390152
HRA RESOLUTION N0. 390
THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF RICHFIELD, MINNESOTA
AUTHORIZING THE ACQUISITION OF
6318 NICOLLET AVENUE
WHEREAS, the Housing & Redevelopment Authority in and for
the City of Richfield, Minnesota (HRA) acquires property end
builds and rehabilitates structures for residential purposes; and
WHEREAS, the HRA desires to acquire the real property at
6318 Nicollet Avenue South, legally described as
Lot 4, Hlock 8, "Nicollet Homes Addition"; and
WHEREAS, the owner of 6318 Nicollet Avenue, Charles
Buchanan, has volunteered to sell his property to the HRA; and
WHEREAS, the property has been evaluated to determine that a
not to exceed price of $58,000 should be set for purchase; and
WHEREAS, the funds for acquisition would be provided from
the Expanded New Home Program; and
WHEREAS; acquisition of the property is pending a September
25, 1990 Planning Commission finding that acquisition end
disposition of the property for residential purposes is
consistent with the Comprehensive Plan.
NOW, THEREFORE, SE IT RESOLVED by the Housing and
Redevelopment Authority in and for the City of Richfield,
Minnesota as follows:
That the HRA Chairperson and Executive Director are
authorized to 'take necessary actions to purchase the property
located at 6318 Nicollet Avenue for an amount not to exceed
$58,000 following the required acquisition and disposition
finding by the Planning Commission on September 25, 1990.
Adopted by the Housing and Redevelopment Authority in and
for the City of Richfield this 17th day o September, 1990.
~~~~
omas E. Harms, Chairperson
ATTEST:
J n Helm erger, Sec tart'