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1992-45424 RESOLUTION NO. 454 THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, MINNESOTA RESOLUTION RELATING TO VO-TECH AGREEMENT FOR 6538 BLOOMINGTON AVENUE SOUTH WHEREAS, the Housing and Redevelopment Authority (HRA) is the owner of the real property at 6538 Bloomington Avenue, legally described as: Lot 8, Block 5, Nokomis Gardens Rearrangement of Blocks 1, 2, 3, 4, and 5, Girard Parkview Addn. WHEREAS, a project has been proposed in cooperation with South Hennepin Vocational Technical Center (Vo-Tech); and WHEREAS, the property at 6538 Bloomington Avenue would be developed with new construction; and WHEREAS, the Agreement price for the new construction project will not exceed $85,949; and WHEREAS, following completion of the new construction work, the property will be sold at market rate. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota that the HRA Chairperson and Executive Director are authorized to enter into a construction agreement for an amount not to exceed 585,949 for the new construction project at 6538 Bloomington Avenue. Adopted by the Housing and Redevelop nt Authority in and for the City of Richfield, Minnesota tom' 17th day of ugust, 1992. ~~ Thomas E. Harms, Chairperson ATTEST: J~.an Helmberger, Secrets y !~ i