HomeMy WebLinkAbout~Master - Amending 28E Agreement, Ames/Story County Affordable Housing Program RESOLUTION NO. 00-193
RESOLUTION AMENDING THE 28-E AGREEMENT
WITH THE PARTICIPATING CITIES IN CONNECTION WITH
THE AMES/STORY COUNTY AFFORDABLE HOUSING PROGRAM
FOR THE CITY OF AMES,IOWA
WHEREAS, a 1999 award of a Local Housing Assistance Program (LHAP) grant in the
amount of $400,000 allowed for the establishment of a Story County Housing Bank to create
affordable housing opportunities in Ames/Story County; and,
WHEREAS, the 28-E Agreement between the partners, signed in April 1999, outlines the
responsibilities of each participant as they relate to the county-wide study and LHAP grant
requirements; and,
WHEREAS, one of the stipulations of the Agreement excluded the City of Ames from
participating in any of the programs until after June 30, 2000; and,
WHEREAS, staff met with the partners in March 2000 to get feedback on the City of Ames
becoming an eligible participant after June 30, 2000; and
WHEREAS,the partners are recommending that Ames become eligible as of July 2000,but
that the number of homebuyers assisted be limited to no more than ten homebuyers for the first year
of participation.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the 28-E Agreement with the participating cities in connection with the Ames/Story County
Affordable Housing Program is amended to state that the number of homebuyers to be assisted in
the City of Ames will be limited to no more than ten participants for the first year of their eligibility
(July 1, 2000, thru June 30, 2001).
ADOPTED THIS 9th day of May, 2000.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Cross
Seconded by: Quirmbach
Voting aye: Campbell, Cross, Goodhue, Hoffman, Quirmbach, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 9th day of May, 2000.