1997-63657
HRA RESOLUTION N0.636
RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY
LOCATED AT 6637 WASHBURN AVENUE TO STEVEN MARLIN GRANT HOMES, INC.
AND 6415-14TH AVENUE TO AFFORDABLE SUBURBAN HOUSING, INC.
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 Leclal Description
6637 Washburn Avenue Lot 17, Block 7,
Tingdale Bros.' Lincoln Hills Addition
6415-14 Avenue Lot 21, Block 3
Nokomis Gardens Rearrangement of Blocks
1, 2, 3,4, and 5, Girard Parkview addition
WHEREAS, the HRA is authorized to sell real property within its area of operation
after public hearing; and
WHEREAS, purchasers of the described properties have been identified and
development agreements negotiated as follows:
Performance
Address Sale Price Securi Builder
6637 Washburn Avenue $30,000 $30,000 Steven Marlin Grant Homes, Inc.
6415-14th Avenue $26,000 $26,000 Affordable Suburban Housing, Inc.
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:
A public hearing has been held and 6637 Washburn Avenue is authorized to be
sold for $30,000 to Steven Marlin Grant Homes, Inc. and 6415-14th Avenue is
authorized to be sold for $26,000 to Affordable Suburban Housing, Inc. in
accordance with development agreements with the HRA.
2. The Chairperson and Executive Director are authorized to execute Contracts for
Private Development and other agreements as required to effectuate the sales to
Steven Marlin Grant Homes, Inc. and Affordable Suburban Housing, Inc.
Adopted by the Housing and Redevelopme ority in and for he City of
Richfield, Minnesota this 21st day of July, 1997.
Thomas E. Harms, Chair
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ichael Sanda ,Secretary