1995-570HRA RESOLUTION N0.570
RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY
LOCATED AT 6601 LOGAN AVENUE TO ROCKPORT HOMES INC. AND
684414TH AVENUE TO AFFORDABLE SUBURBAN HOUSING
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)
heretofore adopted by the City to Richfield (City) and the HRA, said real property being
described as follows:
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6601 Logan Avenue The North 1/Z of Lot 10, Block 2
Fairwood Park Addition, Hennepin County
6844 14th Avenue Lot 1, Block 1, "Richlands" Addition, Hennepin County
WHEREAS, the HRA is authorized to sell real property within its area of operations
after public hearing; and
WHEREAS, Rockport Homes Inc. is the developer of 6601 Logan Avenue in
accordance with a developers agreement; and
WHEREAS, Affordable- Suburban Housing is the developer of 6844 14th Avenue in
accordance with a developers agreement; and
WHEREAS, the public hearings have been held after proper public notice.
NOW, THEREFORE, BE IT RESOLVED by the Richfield Housing and
Redevelopment Authority:
1. A public hearing has been held and 6601 Logan Avenue is authorized to
be sold for $30,000 in accordance with a development agreement to
Rockport Homes Inc.
2. A public hearing has been held and 6844 14th Avenue is authorized to be
sold for $26,000 in accordance with a development agreement to
Affordable Suburban Housing.
3. The Chairperson and Executive Director are authorized to execute the
Development Agreements, and other agreements as required to
effectuate the sales.
Adopted by the Housing and Redevelopment Auth in and for the City of
Richfield, Minnesota this 18th day of December, 199 .
Thomas E.' Harms, Chair
ATT T:
a-~-t~
Vern Luettinger, Secreta
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