1997-64061
HRA RESOLUTION N0.640
RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY
LOCATED AT 6633 WASHBURN AVENUE
TO STEVEN MARLIN GRANT HOMES, INC.
IN ACCORDANCE WITH A DEVELOPMENT AGREEMENT
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota (HRA) desires to develop certain real properly pursuant to and in
furtherance of the Richfield Rediscovered Program adopted by the HRA, said real
property being described as follows:
Address Legal Description
6633 Washbum Avenue Lot 18, 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
development agreement negotiated as follows:
Performance
Address Sale Price Securi Builder
6633 Washbum Avenue $25,000 $25,000 Steven Marlin Grant Homes, Inc.
WHEREAS, a public hearing has been held after proper public notice.
NOW, THEREFORE, BE 1T RESOLVED by the Housing and Redevelopment
Authority in and for the City of Richfield:
1. A public hearing has been held and 6633 Washbum Avenue is authorized to be sold
for $25,000 to Steven Marlin Grant Homes, Inc. in accordance with a development
agreement 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
Steven Marlin Grant Homes, Inc.
Adopted by the Housing and Redevelopment
-Richfield, Minnesota this 18th day of August, 1997.
ATTEST:
~~-~~.
ichael andahl, Secretary
in and for the City of