1991-419181
RESOLUTION NO. 419
THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF RICHFIELD
RESOLUTION AUTHORIZING CONTRACT WITH
VO-TECH
WHEREAS, the Housing and Redevelopment Authority (HRA.)
anticipates acquiring the real property at 6803 Nicollet, legally
described as:
Lot 1 and 2, the Western Surety and Adjustment Company
addition "The Pines", respectively; and
WHEREAS, a project has been proposed for this site in
cooperation with South Hennepin Vocational Technical Center (Vo-
Tech); and
WHEREAS, the property would be developed with new
construction with a contract price not to exceed $62,840 to be
funded by proceeds of sale; and
WHEREAS, following completion of the new construction work.,
the property will be sold to a first time homebuying, moderate
income family.
NOW, THEREFORE, BE IT RESOLVED by the Housing and
Redevelopment Authority of Richfield, Minnesota that the HRA
Chairperson and Executive Director are authorized to:
Enter into a contract for an amount of $62,840 for the
new construction project to be funded as indicated.
Passed by the Housing and Redevelop t Authority of
Richfield, Minnesota this 17th day of e, 1991.
i
T omas E. arms, Chairperson
ATTEST:
Jo Helmberger, Se etary