HRA RES 1995-13 21
HRA RESOLUTION NO. 13 - 1995
RESOLUTION AUTHORIZING EXECUTION OF SALE AND DEVELOPMENT
AGREEMENT BY AND BETWEEN THE HOUSING AND REDEVELOPMENT
AUTHORITY IN AND FOR THE CITY OF FRIDLEY AND WHITNEY
HOMES, INC.
WHEREAS, the Housing and Redevelopment Authority in and for the City of Fridley
(the "HRA") has developed a program to acquire and demolish dilapidated,
substandard and unsafe homes to help eliminate neighborhood blight and provide
opportunities for new homes to be built; and
WHEREAS, the HRA has acquired and cleared certain properties which are
identified in Exhibit A of this resolution; and
WHEREAS, the HRA has agreed to sell these properties to Whitney Homes, Inc.
under the terms and conditions of a Sale and Development Agreement.
NOW, THEREFORE, BE IT RESOLVED THAT, the HRA hereby authorizes the execution of
a Sale and Development Agreement by and between the HRA and Whitney Homes, Inc.
and that the Chairman and Executive Director of the HRA are authorized to sign
any necessary documents.
_,. PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE
CITY OF FRIDLEY THIS 11TH DAY OF MAY, 1995.
1)f41.4441i4?
LAWRENCE R. COMMERS - CHAIRMAN
ATTEST:
WILLIAM W. BURNS - EXECUTIVE DIRECTOR
22
Page 2 - - HRA Resolution No. 13 - 1995
Exhibit A
1) Address: 677 Hugo Street NE
Legal: "Lots 19 to 21 inclusive, in Section or Block "R",
Riverview Heights, Anoka County, Minnesota. "
2) Address: 547 Glencoe St. NE
Legal: "Lots 21 and 22, Block H, Riverview Heights, Anoka County,
Minnesota. "
3) Address: 539 Glencoe St. NE
Legal: "Lots 19 and 20, Block H, Riverview Heights, Anoka County,
Minnesota. "