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1990-395157 HRA RESOLUTION N0. 395 THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, MINNESOTA RESOLUTION AUTHORIZING THE SALT PROPERTY LOCATED AT 7129 lst Ave. So. 6401 6612 2nd Ave. So. 6538 6321 Humboldt Ave. So. 6415 6424 James Ave. So. 6407 E OF REAL Bloomington Ave. So. Bloomington Ave. So. 15th Ave. So. 15th Ave. So. 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: Lot 17, Block 1, "Sheldon Blair's Wooddale Fourth Addition" Lot 5, "Goodspeed's First Plat" Lot 24, Block 4, "Ray's Lynnhurst" Lot 7, Block 3, "Fairwood Park First Addition" Lot 23, Block 11, "Nokomis Gardens Rearrangement of Block 7-11 & 12, Girard Parkview" Lot 8, Block 5, "Nokomis Gardens Rearrangement of Block 1, 2, 3, 4 ~ 5, Girard Parkview" Lot 17, Block 6, "Girard Parkview" Lot 19, Block 6, "Girard Parkview" WHEREAS, the HRA is authorized to sell real property within its area of operation after public hearing; and, WHEREAS, a developer, Marv Anderson Homes, 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. HRA Resolution No. 395 Page 2 NOW, THEREFORE, BE IT RESOLVED by the Richfield Housing and Redevelopment Authority: 1. A public hearing has been held and the following properties are sold to Marv Anderson Homes, Inc., in accordance with a development agreement with the HRA: 7129 let Avenue South $26,400.00 6612 2nd Avenue South $26,400.00 6321 Humboldt Avenue South $21,000.00 6424 James Avenue South $28,200.00 6401 Bloomington Avenue South $20,000.00 6538 Bloomington Avenue South $19,000.00 6415 15th Avenue South $22,800.00 6407 15th Avenue South $22,800.00 2. That the Chairperson and Executive Director are authorized to execute the Development Agreement with Marv Anderson, Homes, Inc. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 15th day of October, 1990. ~ ~f Thomas E. Harms, Chairperson ATTEST: Ff loan Helmberger, Secretary 1