1995-552122
HRA RESOLUTION N0.552
RESOLUTION AUTHORIZING SALE OF REAL PROPERTY LOCATED AT 6645
UPTON AVENUE TO STEVEN M. GRANT IN ACCORDANCE WITH
A DEVELOPMENT AGREEMENT
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Richfield Minnesota (HRA) desires to develop certain real property pursuant to and in
furtherance of the Richfield Rediscovered Program Redevelopment Project (Project)
hereto adopted-by the City of Richfield (City) and the HRA, said real property being
described as follows:
r e Legal Descri tp ion
6645 Upton Avenue Lot 15, Block 5, Tingdale Bros. 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, Steven M. Grant has been identified as the purchaser
of the described properly at 6645 Upton Avenue, in accordance with a development
agreement; and
WHEREAS, the public hearing has been held after proper public notice; and
WHEREAS, a finding has been made that the disposition of the property for
residential purposes is consistent with the Comprehensive Plan.
NOW, THEREFORE, BE IT RESOLVED by the Richfield Housing and
Redevelopment Authority:
1. A public hearing has been held and 6645 Upton Avenue is authorized to be sold to
Steven M. Grant.
2. The purchase price for 6645 Upton Avenue is $29,000.
3. The Chairperson and Executive Director are authorized to execute the Development
Agreement and other agreements as required to effectuate the sale.
Adopted by the Housing and Redevelopment Au ity in and for the City of
Richfield, Minnesota this 17th day of July, 1995.
omas E. Harms, Chair
ATTE~~ /~ ae~-_.
Vern Luettinger,