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1993-48555 HRA RESOLUTION N0. 485 THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD RESOLUTION RELATING TO THE ISSUANCE OF COMPLETION CERTIFICATES FOR RICHFIELD REDISCOVERED PROPERTIES AT 7520 BRYANT AND 7528 BRYANT AVENUES WHEREAS, in 1993, the Richfield Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (HRA) entered into contracts with Marlin Grant Homes, Inc. for the construction of single family homes; and WHEREAS, the new home locations are as follows: 7520 and 7528 Bryant Avenues; and WHEREAS, the construction is completed at 7520 Bryant Avenue; and WHEREAS, staff will verify by visual inspection that construction is completed at 7528 Bryant Avenue; and WHEREAS, performance security in the following amounts can be released to Marlin Grant Homes, Inc.: 7520 Bryant - 527,500 7528 Bryant - $27,500 NOW, THEREFORE, BE IT RESOLVED by the Richfield Housing and Redevelopment Authority in and for the City of Richfield, Minnesota that: 1. The completion certificate for 7520 Bryant can be issued.. 2. Upon verification of completion by staff, a completion certificate shall be issued for 7528 Bryant. 3. The performance security can be released for both properties when the completion certificate is issued. Passed by the Housing and Redevelop, t Authority in and for the City of Richfield, Minnesota this. day of Oc ober, 1993. r%' Thomas E. Harms, Chairperson ATTEST: Lawrence Wo cz Secretary