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1997-62950 HRA RESOLUTION N0.629 ~~I RESOLUTION AUTHORIZING EMINENT DOMAIN PROCEEDINGS TO ACQUIRE CERTAIN REAL PROPERTY LOCATED AT 515 WEST 64TH STREET WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield ("HRA") is a public body corporate and politic and a subdivision of the State of Minnesota organized and operating under Minnesota law, as amended, and is authorized by Minnesota Statutes Ch. 469 and other laws to acquire real estate by exercising the power of eminent domain under and pursuant to Minnesota Statutes, Ch. 117; and WHEREAS, the HRA has previously established a program pursuant to Minnesota Statutes, Sections 469.001 et sea. to provide for the acquisition of land and construction of decent, safe and sanitary housing; and WHEREAS, the redevelopment of certain real property located in the City at 515 West 64th Street, and legally described as Lot 10, Block 6, Lyndale Oaks Addition, Hennepin County, Minnesota (uSubject Property") is consistent and in furtherance of the HRA's programs and the City's Comprehensive Plan; and WHEREAS, the HRA has determined that it is necessary to acquire title to and. possession of the Subject Property by the earliest date permitted in accordance with Minnesota Statutes 117.042. NOW, THEREFORE, BE IT RESOLVED by the HRA, as follows: 1. It is necessary to acquire the Subject Property as described in this resolution in order for the HRA to carry out the purposes for which it was established. 1. Acquisition of the Subject Property by eminent domain, in the manner provided by Minnesota Statues, Chapter 117, is deemed to be necessary and for a public purpose and is hereby authorized. 1. The HRA deems it necessary, to proceed without delay under Minnesota Statutes, Section 117.042, to acquire title to and possession of the Subject Property prior to the filing of a final report of commissioners. 1. The HRA's attorney and staff are authorized and directed to commence eminent domain proceedings to acquire fee simple absolute title to the Subject Property, pursuant to Minnesota Statutes, Section 117.042 and to pay the owner(s) or into court, a sum of money to secure compensation to the owners of the Subject Property, which amount shall be equal to the petitioner's approved appraisal of value as determined by HRA staff. Adopted by the Housing and Redevelopment ority in and for the City of Richfield, Minnesota this 19th day of May,1997. omas E. Harms, Chair