1996-59314
HRA RESOLUTION NO.593
RESOLUTION AUTHORIZING EXECUTION OF A CONTRACT WITH
HENNEPIN COUNTY TECHNICAL COLLEGE (HTC) FOR DEVELOPMENT
OF 6432-15TH AVENUE
WHEREAS, on January 4, 1996, the HRA purchased the property at 6432-15th
Avenue, legally described as:
Lot 9, Block 3, Nokomis Gardens Rearrangement of Blocks
1, 2, 3, 4, & 5 Girard Parkview; and
WHEREAS, a project has been proposed as a cooperative effort befinreen the
HRA and HTC; and
WHEREAS, the property at 6432-15th Avenue would be developed with a new
single family home; and
WHEREAS, the cost for constructing a new home in accordance with the plans
and specifications will not exceed $83,025; and
WHEREAS, following completion of construction the property will be sold to a
modest income, first time buying family.
NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment
Authority in and for the City of Richfield, Minnesota that the HRA Chairperson and
Executive Director are authorized to enter into a Construction Agreement with HTC for
an amount not to exceed $83,025 for the construction of a new home at 6432-15th
Avenue.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 15th day of July, 1996. ;~
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~~Thomas E. Harms, Chair
ATTEST:
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Vern Luettinger, Secre