HRA RES 2014-16 SALE OF 611 BUFFALO ST NE
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
HRA RESOLUTION NO. 2014-16
A RESOLUTION AUTHORIZING THE SALE OF RESIDENTIAL PROPERTY BY
THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF
FRIDLEY, MINNESOTA
BE IT RESOLVED by the Board of Commissioners (the "Commissioners") of the Housing and
Redevelopment Authority in and for the City of Fridley, Minnesota (the "Authority") as follows:
Section 1. Recitals.
1.01. It has been proposed that the Authority sell certain residential property (the "Property") described
below:
PIN:Street Address
03-30-24-32-0124 611 Buffalo Street NE
Section 2. Findings.
2.01. The Authority, in conjunction with City Engineering and Planning Staff, hereby finds that it is not
in the City's best interest to construct a home on the lot located at 611 Buffalo Street, as it is
located in the flood plain.
2.02. The Authority hereby finds that the best use for the property is to sell it to a neighboring property,
combining this property with the property at 581 Buffalo Street, for an expansion of their yard
area
2.03. The Authority hereby finds that it has performed all actions required by Minnesota Statutes for
the sale of the Property.
Section 3. Approval of the Sale.
3.01 The sale of the Property is hereby approved for a price of not less than $10,000.
HRA Resolution 2014-16 Page 2
Section 4. Authorization for Execution and Delivery.
4.01. The Chairman, the Executive Director and Assistant Executive Director are hereby
authorized to execute and deliver any documents necessary to effect the sale of the
Property.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND
FOR THE CITY OF FRIDLEY, MINNESOTA, THIS 6TH DAY OF NOVEMBER 2014.
_____________________________________
LAWRENCE R. COMMERS - CHAIRMAN
ATTEST:
____________________________________________
WALTER T. WYSOPAL, EXECUTIVE DIRECTOR