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1992-452RESOLUTION NO. 452 THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 6415 15TH AVENUE TO MARLIN GRANT 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 Richfield Rediscovered Program Redevelopment Project (Pro,ject) heretofore adopted by the City of Richfield (City) and the HRA, said real property being described as follows: Lot 17, Block 6 "Girard Parkview", and located at 6415 15th Avenue; and WHEREAS, the HRA is authorized to sell real property within its area of operation after public hearing; and WHEREAS, a developer, Marlin Grant Homes, Inc. of 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. NOW, THEREFORE, BE IT RESOLVED by the Richfield Housing and Redevelopment Authority: 1. A public hearing has been held and 6415 15th Avenue is authorized to be sold to Marlin Grant Homes, Inc. for $22,500 in accordance with a development agreement with the HRA. 2. That the Chairperson and Executive Director are authorized to execute the Development Agreement and other agreements as required to effectuate the sale to Marlin Grant Homes, Inc. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota t 17th, day of August, 1992. '_~ ` /~ homas E. Harms, Chairperson ATTEST: Jo Helmber er, Secret y 22