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HomeMy WebLinkAbout~Master - Revision to purchasing agreement for 622 13th Street RESOLUTION NO. 08-533 RESOLUTION APPROVING REVISION TO PURCHASE AGREEMENT WITH HABITAT FOR HUMANITY FOR 622 13TH STREET FOR THE CITY OF AMES WHEREAS,at their meeting on February 26,2008,the Council approved the agreement for the redevelopment and sale of City-owned property at 622 13t' Street to Habitat for Humanity of Central Iowa(HHCI); and, WHEREAS,some remaining conditions ofthe Purchase Agreement to be met are: 1)the City shall convey its title to the property to HHCI upon proof to the City's reasonable satisfaction that the following condition has been met: construction of a house on the site in accordance with terms of the purchase agreement, and plans and specifications for City code compliance and items attached to the Purchase Agreement; and, 2) construction of the home shall be completed by November 30, 2008, for sale to an approved home buyer by December 31, 2008; and, WHEREAS, HHCI is requesting an amendment to the Agreement for the following items: 1)request for escrow for the completion of the landscaping and driveway due to weather constraints until May 15, 2009; and, 2) request for temporary Certificate of Occupancy; and, WHEREAS, staff has reviewed the requests in relationship to the conditions outlined in the Purchase Agreement and are recommending the following: 1)approve the request to escrow funds for the completion of the landscaping and driveway due to weather constraints until May 15,2009, with the stipulation that a deposit of$7,500 will be provided to the City of Ames and held until work is completed; and, 2) approve request to issue a temporary Certificate of Occupancy. 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 622 131h Street is hereby approved. ADOPTED THIS 16' day of December, 2008. C:�,"K���-d& AsiliV Vev �Ltsry Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Goodman 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 16'day of December, 2008.