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1994-52494 ~~ RESOLUTION NO. 524 THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD RESOLUTION RELATING TO THE ISSUANCE OF A COMPLETION CERTIFICATE FOR THE RICHFIELD REDISCOVERED PROPERTY AT 7245-12TH AVENUE WHEREAS, in 1994, the Richfield Housing and Redevelopment Authority in and for the City.of Richfield, Minnesota (HRA) entered into a contract with Jespersen Home Builders for the construction of a single family home; and WHEREAS, the new home is located at 7245-12th Avenue; and WHEREAS, the construction at the site is completed; and 1 WHEREAS, performance security in the amount of $30,000 can be released to Jespersen Home Builders. 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 7245-12th can be issued. 2. The performance security can be released for the property when the completion certificate is issued. Passed by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 19th day of September, 1994. mas E. Harms, Cha person ATTEST: