1997-62445
HRA RESOLUTION NO. 624
RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY
AT 817 EAST 66TH STREET TO
RICHFIELD FLORAL & NURSERY, INC.
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Richfield (HRA) has acquired the property at 817 East 66th Street, legally described as
Lot 3, the east half of Lot 2 and the East 10 feet of the North 10 feet of the W 1/2 of Lot
- 2, Terrace Gardens, Addition, Hennepin County, Minnesota; and
WHEREAS, the HRA has sought a redeveloper for the site; and
WHEREAS, the HRA has evaluated a proposal from Minnesota Valley School of
Music, LLC. and Richfield Floral & Nursery Inc.; and
WHEREAS, an independent real estate appraiser has valued the properly for
redevelopment purposes at $65,200; and
WHEREAS, the HRA is authorized to sell real property within its area of
operation after public hearing; and
WHEREAS, the public hearing has been held after proper notice; and
.WHEREAS, the Planning Commission of the City of Richfield has determined
that the disposition of the Property for Project purposes is consistent with the
Comprehensive Plan.
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 on the sale of the real property described
above.
2. Sale of the property to Richfield Floral & Nursery, Inc. for $65,200 is hereby
approved.
3. The Chairperson and Executive Director are authorized to execute any and
all agreements required to effectuate this Resolution.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 17th day of March, 1997.
Thomas E. Harms, Chair
ATTEST:
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Michael a hl, Secretary