HomeMy WebLinkAbout~Master - Revision to agreement for 608 Durrell Circle RESOLUTION NO. 08-508
RESOLUTION APPROVING REVISION TO
PURCHASE AGREEMENT WITH HABITAT FOR HUMANITY
FOR 608 DURRELL CIRCLE
FOR THE CITY OF AMES
WHEREAS, at the Council meeting on December 4,2007,the Council,as part of the City's
2007/08 Community Development Block Grant (CDBG) Neighborhood Sustainability Program,
approved the proposed sale of City-owned property at 608 Durrell Circle to Habitat for Humanity
of Central Iowa(HHCI); and,
WHEREAS, the proposed sale was scheduled to occur on or before November 30, 2008, if
all conditions of the purchase agreement for rehabilitation and sale of the property were satisfied;
and,
WHEREAS, HHCI has identified and approved a family to purchase the property at
608 Durrell, however, scheduling delays have occurred for some of HHCI's projects; and,
WHEREAS, due to the transition of a new construction manager at HHCI, some additional
time will be needed to complete the rehabilitation of the Durrell property; and,
WHEREAS, in order to ensure that all tasks can be completed in a timely manner,HHCI is
requesting the following time extensions for rehabilitation and closing: 1) rehabilitation to be
completed on or before January 12,2009;and,2)closing to a qualified homebuyer to be completed
on or before January 31, 2009; and,
WHEREAS, the time extension of this agreement still requires HHCI to be responsible for
the care and maintenance of the property until final closing.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the amendment to the Purchase Agreement with Habitat for Humanity of Central Iowa for
property located at 608 Durrell Circle is hereby approved.
ADOPTED THIS 9`' day of December, 2008.
C�A�"'R. L -d&
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Popken
Seconded by: Rice
Voting aye: Doll, Goodman, Larson, Mahayni, Popken, Rice
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 9"day of December, 2008.