Loading...
1996-5951 HRA RESOLUTION N0.595 1 ~~ RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 6827 LOGAN AVENUE, 2916 WEST 71-1/2 STREET, 6621 GIRARD AND 7344 BRYANT AVENUES TO DAVID A. WILLIAMS CONSTRUCTION, TSC HOMES, STEVEN MARLIN GRANT HOMES AND SUSSEL CORPORATION, RESPECTIVELY, IN ACCORDANCE WITH DEVELOPMENT AGREEMENTS 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 adopted by the HRA, said real property being described as follows: Address 6837 Logan Avenue 2916 West 71-1/2 Street 6621 Girard Avenue 7344 Bryant Avenue Legal Descri t~ ion. Lot 11, Block 5, Wood Lake Highlands Addn The East 66 feet of the South 135 feet of Lot 57, Sabin Lake Harriet Garden Lots Lot 19, Block 1, Blossom Park Addn Lot 12, Block 4, Irvin Shores No. 2, Richfield WHEREAS, the HRA is authorized to sell real property within its area of operation after public hearing; and WHEREAS, purchasers of the described property have been identified and development agreements negotiated as follows: Performance ress Sale Price Secu ' Bui der 6837 Logan Avenue $45,000 $45,000 David A. Williams Construction 2916 West 71-1/2 Street $32,000 $32,000 TSC Homes 6621 Girard Avenue $26,000 $26,000 ' SMGH 7344 Bryant Avenue $30,000 $30,000 Sussel Corporation WHEREAS, a public hearing has been held after proper public notice. HRA Resolution No. 595 -2- NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield: 1. A public hearing has been held and 6837 Logan Avenue is authorized to be sold for $45,000 to David A. Williams Construction, Inc. in accordance with a development agreement with the HRA. 2. A public hearing has been held and 2916 West 71-1/2 Street is authorized to be sold for $32,000 to TSC Homes in accordance with a development agreement with the HRA. 3. A public hearing has been held and 6621 Girard Avenue is authorized to be sold for $26,000 to Steven Marlin Grant Homes, Inc. in accordance with a development agreement with the HRA. 4. A public hearing has been held and 7344 Bryant Avenue is authorized to be sold for $30,000 to Sussel Corporation in accordance with a development agreement with the HRA. 5. The Chairperson and Executive Director are authorized to execute a Contract for Private Development and other agreements as required to effectuate the sales to David A. Williams Construction, TSC Homes, Steven Marlin Grant Homes, Inc. and Sussel Corporation. Adopted by the Housing and Redevelopment Richfield, Minnesota this 19th day of August 1996. ATTEST: f s' ~, ` Vern Luettinger, Sec ' ary in and for the City of E. Harms, Chair ~~