1994-50070
HRA RESOLUTION NO. 500
THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF RICHFIELD, MINNESOTA
RESOLUTION AUTHORIZING SALE OF REAL
PROPERTY LOCATED AT
6636 SHERIDAN AVENUE
TO MARLIN GRANT HOMES, INC., IN ACCORDANCE WITH
A DEVELOPMENT AGREEMENT
WHEREAS, the Housing and Redevelopment Authority in and for
the City of Richfield, Minnesota (BRA) desires to develop certain
real property pursuant to and in furtherance of the New Home
Program, said real property being described as follows:
Lot 12, Block 4 Tingdale Hros. Lincoln Hills Addn, Hennepin
County
WHEREAS, the HRA is authorized to sell real property within
its area of operation after public hearing; and
WHEREAS, a developer Marlin Grant Homes, Inc. of Bloomington
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
NOW, THEREFORE, BE IT RESOLVED by the Housing and
Redevelopment Authority:
1. A public hearing has been held and 6636 Sheridan Avenue is
authorized to be sold to Marlin Grant Homes, Inc. in
accordance with a development agreement with the BRA.
2. The purchase price is $31,000.
3. The Chairperson and Executive Director are authorized to
execute the Development Agreement and other agreements as
required to effectuate the sale to Marlin Grant Homes, Inc.
Adopted by the Housing and Redev ment Authority in and
for the City of Richfield, Minnesot st 21st day o March 1994.
omas E. Harms, Cha rperson
ATTEST:
~j ~~_--.
ern Luettinger, S r ary