1992-45727
RESOLUTION NO. 457
THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF RICHFIELD, MINNESOTA
RESOLUTION AUTHORIZING PURCHASE OF REAL
PROPERTY LOCATED AT 6912 OLIVER AVENUE SOUTH
WHEREAS, the Housing and Redevelopment Authority in and for
the City of Richfield Minnesota (HRA) desires to purchase certain
real property pursuant to and in furtherance of the Richfield
Rediscovered Redevelopment Project (Project) heretofore adopted
by the City of Richfield (City) and the HRA, said real properties
being described as follows:
6912 Oliver - Lot 4, Block 10, Tingdale Hros Lincoln Hills
Addition
WHEREAS, the HRA is authorized by Minnesota Statutes Section
469.012 to acquire real property within its area of operation;
and
WHEREAS, the properties meet all program requirements for
acquisition; and
WHEREAS, funds have been provided by the City Council and
HRA and are available for acquisition.
NOW, THEREFORE, BE IT RESOLVED by the Richfield Housing and
Redevelopment Authority:
1. That purchase price of $45,000 is approved.
2. That the Chairperson and Executive Director are authorized
to execute a Purchase Agreement and other documents as
necessary to effectuate the purchase of this property.
Adopted by the Housing and Redevelopment Authority in and
for the City of Richfield Minnesota this 19th day of October,
1992. '
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` Thomas E. Harms, Chairperson
ATTEST:
J n Helmberger, Secre ry