HomeMy WebLinkAbout~Master - Sale of property at 3803 Minnetonka Avenue RESOLUTION NO. 09-350
RESOLUTION APPROVING SALE OF CITY-OWNED PROPERTY
AT 3803 MINNETONKA AVENUE
FOR THE CITY OF AMES
WHEREAS, under the City's 2008/09 Community Development Block Grant (CDBG)
Neighborhood Sustainability Program,the acquisition/reuse program component seeks to acquire,
demolish/remove single-family properties and/or lots for reuse for affordable housing to assist low-
and moderate-income families; and,
WHEREAS, the program would also initially provide "minor" repairs to single-family
properties as needed; and,
WHEREAS, under the Acquisition/Reuse Program, the City can purchase these types of
properties at cost, and then re-sell at a significant reduction; and,
WHEREAS,as a continuation of the 2006/07 program,staff is working closely with Habitat
for Humanity representatives and found the property located at 3308 Minnetonka Avenue met the
needs of both Habitat and the City of Ames; and,
WHEREAS,the City then purchased the property in the amount of$109,500, and has been
working with the Habitat Executive Board to finalize an agreement for the sale to Habitat for
Humanity of Central Iowa(HHCI) in the amount of$25,000.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the contract for sale agreement of City-owned property located at 3803 Minnetonka Avenue to
Habitat for Humanity of Central Iowa for affordable housing at a cost of$25,000 is hereby approved.
ADOPTED THIS 28tt' day of July, 2009.
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Popken
Seconded by: Rice
Voting aye: Doll, Larson, Mahayni, Popken, Rice
Voting nay: None Absent: Goodman
Resolution declared adopted and signed by the Mayor this 28t1i day of July, 2009.