HomeMy WebLinkAbout~Master - Sale of 320 South Hazel Avenue RESOLUTION NO. 06-405
RESOLUTION ACCEPTING THE COMMUNITY
DEVELOPMENT BLOCK GRANT RENT-TO-PURCHASE
AGREEMENT BETWEEN THE CITY OF AMES AND JENNY
R. SCHNEIDER FOR 320 S. HAZEL AVENUE AS PART OF
THE AFFORDABLE HOUSING INITIATIVE
WHEREAS, the City of Ames has adopted a policy of assisting in the purchase and/or
renting of single family housing, affordable to families of low and moderate income, and
WHEREAS,the City of Ames, as part of the Affordable Housing Initiative has found and
purchased this property to sell to low-income families, and
WHEREAS, the tenant/buyer meets this criteria, and
WHEREAS, the tenant/buyer and the City of Ames have entered into a Rent-to-Purchase
agreement dated October 1, 2006, therefore:
BE IT RESOLVED,by the City Council for the City of Ames,Iowa,that it hereby approves
the Rent-to-Purchase agreement between the City of Ames and Jenny R. Schneider.
DONE this 26 day of_September , 2006.
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
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