1992-46333
HRA RESOLUTION N0.~463
THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE
CITY OF RICHFIELD
RESOLUTION AUTHORIZING THE SALE OF REAL
PROPERTY LOCATED AT 7124 WASHBURN AVENUE
TO KESLER CONSTRUCTION AND DRYWALL, 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 (Project) heretofore
adopted by the City of Richfield (City) and the HRA, said real
property being described as follows:
7124 Washburn; North 50 feet of Lot 63. except the East 57.52
feet thereof and the North 50 feet of the East 73 feet of Lot 62,
Sabin Lake Harriet Garden Lots.
WHEREAS, the HRA is authorized to sell real property within -
its area of operation after public hearing; and '
WHEREAS, a developer, Kesler Construction and Drywall of
Maple Grove, 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 7124 Washburn is
authorized to be sold to Kesler Construction and Drywall in
accordance with a development agreement with the HRA.
2. The sale price for 7124 Washburn is $27,500.
3. That the Chairperson and Executive Director are authorized to
execute the Development Agreement and other agreements as
required to effectuate the sale to Kesler~Construction and
Drywall.
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HRA Resolution No. 463
Page 2
Adopted by the Housing and Redevelopment Authority in and
for the~City of Richfield,, Minnesota t 3 21st day of December,
19'92. ~~
Thomas E. Harms, Chairperson
ATTEST;
J an Helmberger, Secre ry
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