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1997-63455 HRA RESOLUTION N0.634 RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 6629 WASHBURN AVENUE TO KEN AND REIDUN STACK, HUSBAND AND WIFE, IN ACCORDANCE WITH A CONTRACT FOR PRIVATE DEVELOPMENT 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 Legal Description 6629 Washburn Avenue Lot 19, Block 7, Tingdale Bros' Lincoln Hills Addition WHEREAS, the HRA is authorized to sell real property within its area of operation after public hearing; and WHEREAS, a purchaser of the described property has been identified and a Contract for Private Development negotiated as follows: Performance Address Sale Price Securi Builder 6629 Washbum Avenue $30,000 $30,000 Ken and Reidun Stack, husband and wife WHEREAS, a public hearing has been held after proper public notice. 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 6629 Washburn is authorized to be sold for $30,000 to Ken and Reidun Stack, husband and wife, in accordance with a Contract for Private Development with the HRA. 2. The Chairperson and Executive Director are authorized to execute a Contract for _ Private Development and other agreements as required to effectuate the sale to Ken and Reidun Stack, husband and wife. Adopted by the Housing and Redevelopment Richfield, Minnesota this 16th day of June, 1997. ATT~T: . ~ ' ichael S d hl, Secretary in and for the City of