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1994-51686 HRA RESOLUTION NO. 516 RESOLUTION RELATING TO THE ISSUANCE CERTIFICATES OF COMPLETION FOR RICHFIELD REDISCOVERED PROPERTIES AT 6912 OLIVER AND 7124 WASHBURN AVENUES WHEREAS, in 1993, the Richfield Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (HRA) entered into development contracts with Marlin Grant Homes, Inc. for the construction of two single-family homes; and WHEREAS, the new home locations are as follows: 6912 Oliver and 7124 Washburn Avenues; and WHEREAS, the construction is completed; and WHEREAS, performance security in the following amounts can be released to Marlin Grant Homes, Inc.: 6912 Oliver Avenue - $31,000 7124 Washburn Avenue - $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 certificates for 6912 Oliver and 7124 Washburn can be issued. 2. The performance security can be released for each property upon issuance of the completion certificates. Passed by the Housing and Redevelopm nt Authority in and for the City of Richfield, Minnesota this 1 h day of July 1994. omas E. Harms, Chair ATT ST : .,,- ,~` ~~~ Vern Luettinger Secretary