1994-50575
HRA RESOLUTION NO. 505
THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF RICHFIELD, MINNESOTA
RESOLUTION AUTHORIZING SALE OF REAL
PROPERTY LOCATED AT
NORTHEAST QUADRANT OF I-35W AND I-494
WHEREAS, On March 14, 1994, the Housing and Redevelopment
Authority in and for the City of Richfield, Minnesota (the "HRA")
was presented with a concept proposal for the redevelopment of a
retail center (the "Project") in the Interstate-Lyndale-Nicollet
(the "ILN") Redevelopment Project Area (the "Project Area") by
the CSM Corporation of St. Paul, Minnesota (the "Developer"); and
WHEREAS, on March 28, 1994 the HRA approved Modification No.
4 to the ILN Redevelopment Plan and Tax Increment Financing Plan
(the "Plans"), which modification incorporated additional land
acquisitions and sales and changes in the public and private
improvements to be constructed within the Project Area into the
Plans; and
WHEREAS, the Plans call for the HRA to assist the Developer
with site assembly, including land acquisition should the
Developer be unable to successfully acquire the necessary land
through private negotiations; and
WHEREAS, said real property (the "Property") impacted by the
Project is described in Attachment A; and
WHEREAS, the HRA is authorized to sell real property within
its area of operation after public hearing; and
WHEREAS, the public hearing has been held after proper
public notice; and
WHEREAS, Planning Commission found that the disposition of
the Property for Project purposes is consistent with the
Comprehensive Plan by its action on April 12, 1994; and
WHEREAS, a Contract For Private Redevelopment between the
HRA and the Developer has been approved; and
WHEREAS, the HRA will subsequently be presented with an
agreement specifying the exact location and area of the "Church
parcel" to be used to provide for the relocation of Emerson
Avenue Congregational Church.
NOW, THEREFORE, BE IT RESOLVED by the Richfield Housing and
Redevelopment Authoritys
1. A public hearing has been held on the sale of the real
property described in Attachment A.
HRA Resolution No. 505
Page 2
2. That the Chairperson and Executive Director are authorized
to execute any and all agreements required to effectuate
this resolution.
3. That the Contract For Private Redevelopment contains terms
and conditions of the sale.
4. That the size and specific location of the "Church parcel"
will be identified under a separate agreement between the
HRA and the Developer.
Adopted by the Housing and Redevelo nt Authority in and
for the City of Richfield, Minnesota 18th day of ~-pril 1994.
~'homas E. Harms, Chs~~erson
a~TES~~:
V rn Luettinger, Se etary
ATTACHMENT A
Description of Real Property
Real property disposition of a portion of the "Cloverleaf Site"
not to exceed 3 acres (the "Church parcel"), generally located
within the area bounded by 76th Street to the north, I-494 to the
south, Emerson Avenue to the east, and I-35W to the west.
Also, the following real property:
PID No. Property Address Legal Description
33-028-24-43-0009 7701 Emerson Avenue The North 240 feet of
the East 1/2 of the
Southeast 1/4 of the
Southwest 1/4 of
Southeast 1/4, except
roads.
33-028-24-43-0010
1
7721 Emerson Avenue
That part of the East
1/2 of the Southeast
1/4 of the Southwest
1/4 of the Southeast
lying South of the
North 240 feet
thereof, except
highway.
33-028-24-44-0025
7700 Colfax Avenue
Commencing at the
Northeast corner of
the West 320 feet of
the South 1/2 of the
Southeast 1/4 of the
Southeast 1/4 thence
South 255 feet, thence
West 30 feet, thence
North 50 feet, thence
West 130 feet, thence
South 50 feet, thence
West to the West line
of the South 1/2 of
the Southeast 1/4 of
the Southeast 1/4,
thence North to the
Northwest Corner
thereof, thence East
to the point of
beginning; except
road.
HRA Resolution No. 505
Attachment A
Page 2
33-028-24-44-0026 7714 Colfax Avenue The
the
the
the
the
Sou•
South 50 feet of
North 255 feet of
East 130 feet of
West 290 feet of
South 1/2 of the
theast 1/4.
33-028-24-44-0027 7726 Colfax Avenue The South 90 feet of
the North 345 feet of
the West 320 feet of
the South 1/2 of the
Southeast 1/4 of the
Southeast 1/4.
33-028-24-44-0028 7738 Colfax Avenue
That part of the
West 320 feet of the
South 1/2 ®i~ the
Southeast 1/4 of the
Southeast 1/4 lying
South of the North
345 feet thereof,
except highway.
1
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