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Housing and Redevelopment Authority Minutes <br /> July 12, 1994 <br /> Page 2 <br /> 1 E. American Bank in the amount of$36,340.00 concerning the 1991A GO <br /> 2 Refunding Bonds. <br /> 3 Motion carried unanimously, <br /> 4 VI. SALE OF TWO LOTS ON 27TH AND COOLIDGE. <br /> 5 Included in the packet was a letter from Larry Beach Construction offering a bid of <br /> 6 $32,000 cash for one of the lots located on 27th Avenue N.E. and Coolidge Street. <br /> 7 Mr. Beach also indicated he would like to purchase the remaining lot with a Contract <br /> 8 for Deed of$32,000 due upon closing of a new home built or December 15, 1994, <br /> 9 whichever occurs first. <br /> 10 The buyer would prefer to build a split entry rather than the rambler wanted by the <br /> 11 H.R.A. originally. The H.R.A. Commissioners' consensus appeared to be agreeable <br /> 12 to that proposal. Executive Director Mornson will assure a purchase agreement is <br /> 13 developed. <br /> 14 VII. ADJOURNMENT. <br /> 15 Motion by Enrooth, second by Marks to adjourn the meeting at 8:15 P.M. <br /> 16 Motion carried unanimously.. <br /> 17 Respectfully submitted, <br /> 18 Connie J. Kroeplin <br /> 19 City Clerk <br />