1990-391153
HRA RESOLUTION N0. 391
i~
THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF RICHFIELD, MINNESOTA
AUTHORIZING THE ACQUISITION OF
7528 COLFAX AVENUE
WHEREAS, the Housing and Redevelopment Authority in and for
the City of Richfield, Minnesota (HRA) acquires property and
builds and rehabilitates structures for residential purposes; and
WHEREAS, the HRA desires to acquire the real property at
7528 Colfax Avenue, legally described as: Lot 8 and S. 3 ft. of
Lot 7, Block 22, Irwin Shores; and
WHEREAS, the owners of 7528 Colfax Avenue, Gary end Patricia
Hughes, have volunteered to sell their property for $56,000; and
WHEREAS, Community Development Block Grant (CDHG) funds will
finance the acquisition of this parcel; and
WHEREAS, acquisition of the property is pending a September
25, 1990 Planning Commission finding that acquisition and
disposition of this parcel for residential purposes is consistent
with the Comprehensive Plan.
NOW, THEREFORE, BE 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 .7528 Colfax Avenue for 556,000 following
the required acquisition and disposition finding
by the Planning Commission on September 25, 1990.
ATTEST:
Adopted by the Housing and
for the City of Richfield this
J n Hel rger, Secr tart'
Redevelopment Authority in and
17th day f September, 1990.
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Thomas E. Harms, Chairperson