1992-45121
RESOLUTION NO. 451
THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF RICHFIELD, MINNESOTA
1
RESOLUTION RELATING TO THE ISSUANCE
OF COMPLETION CERTIFICATES FOR RICHFIELD REDISCOVERED
PROPERTIES AT
7129 FIRST, 6401 BLOOMINGTON, 6612 SECOND,
AND 6321 HUMBOLDT AVENUE SOUTH
WHEREAS, in October and November 1991, the Richfield Housing
and Redevelopment Authority (HRA) entered into contracts with
builders for the construction of single family homes; and
WHEREAS, the builders and new home locations are as follows:
RSM Homes, Inc. - 7129 First and 6401 Bloomington Avenue; Mark
Johnson Construction, Inc. - 6612 Second Avenue; Marlin Grant
Homes, Inc. - 6321 Humboldt Avenue; and
WHEREAS, the construction agreements required the
construction of homes and upon completion, the issuance of a
Completion Certificate and the release of performance security;
and
WHEREAS, staff has verified by visual inspection that
construction is completed and that performance security in the
following amounts can be released: RSM Homes, Inc. - $66,600;
Mark Johnson Construction, Inc. - $26,149; and Marlin Grant
Homes, Inc. - $32,400.
NOW, THEREFORE, BE IT RESOLVED by-the Housing and
Redevelopment authority in and far the City of Richfield,
Minnesota that,
1. Completion Certificates be issued for 7129 First, 6401
Bloomington, 6612 Second, and 6321 Humboldt Avenue.
2. The performance security be released.
Passed by the Housing and Redevelop
Richfield this 17th day of August, 19
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Thomas
ATTEST:
f~oan Helmberger, Secretary
ant Authority of
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E. Harms, Chairperson