1996-5834
HRA RESOLUTION N0.583
RESOLUTION AUTHORIZING PURCHASE
OF REAL PROPERTY LOCATED AT 6824 QUEEN AVENUE.
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota (HRA) desires to purchase certain real property pursuant to and in
furtherance of the Richfield Rediscovered Redevelopment Project (Project) heretofore
adopted by the City of Richfield (City) and the HRA, said real property being described
as follows:
Lot 7, Block 2, Tingdale Bros.' Lincoln H-ills
Third Addition, Hennepin County
WHEREAS, the HRA is authorized by Minnesota Statues Section 469.012 to
acquire real property within its area of operation; and
WHEREAS, the property meets all program requirements for acquisition; and
1
WHEREAS, the HRA has negotiated a purchase price with the owner of
$51,000; and
WHEREAS, funds have been provided by the HRA and are available for
acquisition.
NOW, THEREFORE, BE IT RESOLVED by the Richfield Housing and
Redevelopment Authority:
1) "That the approved purchase price is $51,000.
2) That the Chairperson and Executive Director are authorized to execute a
purchase agreement and other documents to effectuate purchase for the
amount set forth in this resolution.
Adopted by the Housing and Redevelopment
Richfield, Minnesota this 20th day of May , 1996. /
ATTEST:
Vem Luettinger, Sec
in and for the City of
Thomas t. rearms,