1992-46030
HRA RESOLUTION N0. 460
THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF RICHFIELD, MINNESOTA.
RESOLUTION AUTHORIZING PURCHASE OF REAL
PROPERTY LOCATED AT 7021 NICOLLET 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 (Pro,ject) heretofore adopted
by the City of Richfield (City) and the HRA, said real properties
being described as follows:
7021 Nicollet - UnDlatted 34 028 24
Commencing 330 6/10 feet S. of N..W. corner of N.E. 1/4 TH S.
59 5/10 feet TH E. 166 38/100 feet TH,N. 59 5/10 feet to a point
166 39/100 feet E. of Beginning TH W. to Beginning Except Road.
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 $16,650 is approved.
2. That the Chairperson end 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 6th day of November,
1992.
Thomas E. Harms, Chairperson
ATTEST:
an Helmberger, Sec 'tart'