1992-45929
' HRA RESOLUTION N0. 459
THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND F0~ THE
•~ CITY OF RICHFIELD
' ]1UTHORIZING THE ACQUISITION OF '
• • .# 634 FOURTH AVENUE
WHEREAS, the Housing and Redevelopment Authority in end for
the City of Richfield, Minnesota (HRA) acquires property and
builds and rehabilitates structures for residential purposes; and
WHEREAS, the HRA desires to acquire the renl property at
~~~-. 6634 Fourth Avenue, legally described as: Lot 9, Block 3
' "McCutchan's Portland Avenue Park"; and
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. WHEREAS, 'the owner of 6634 Fourth Avenue, has volunteered to
sell her property for 548,000; and
WHEREAS, Community Development 81ock Grant (CDBG) funds will
finance the acquisition of this parcel; and
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WHEREAS, the Planning Commission has made a finding that the
.. acquisition and disposition of this parcel for residential
purposes is consistent with the Comprehensive Plan.
NOW, THEREFORE, HE IT RESOLVED by the Housing and
Redevelopment Authority in and for the City of Richfield,
Minnesota, as follows:
' 1) The Executive Director is authorized to request the City
Council to consider the purchase of 6634 Fourth Avenue for
548,000.
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2) The HRA Chairperson and Executive Director are authorized to
take necessary actions to purchase the property located at 6634
Fourth Avenue for 51.00.
Adopted by the Housing and Redevelopment Authority in. and
for the City of Richfield, Minnesota is 16th day of November,
1992.
. homas E. Harms, Chairperson
ATTEST:
~ ..
J an Heimberger, Secret -
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