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HomeMy WebLinkAbout~Master - Extension of agreement for 1620 Clark Avenue RESOLUTION NO. 11-182 RESOLUTION APPROVING EXTENSION OF AGREEMENT WITH HABITAT FOR HUMANITY FOR 1620 CLARK AVENUE FOR THE CITY OF AMES,IOWA WHEREAS, at the Council meeting on July 27, 2010, as part of the City's 2010/11 Community Development Block Grant(CDBG)Neighborhood Sustainability Program,the Council adopted a resolution proposing the sale of City-owned property at 1620 Clark Avenue to Habitat for Humanity of Central Iowa(HHCI); and, WHEREAS,the proposed sale was scheduled to occur by May 31,2011,if all conditions of the purchase agreement for the rehabilitation and sale of the property were satisfied; and, WHEREAS,HHCI subsequently notified the City that there was a delay in finding an eligible family for the purchase of the property, as it requires selected families to contribute sweat equity hours into the building or rehabbing of their home; and, WHEREAS, this caused the scheduling of the work to be delayed as well; and, WHEREAS,now that a family has been selected Habitat is requesting a time extension for the rehabilitation and closing as follows: rehabilitation to be completed on or before October 31, 2011;and,closing to a qualified home buyer to be completed on or before November 30,2011; and, WHEREAS, the time extension of this agreement still requires HHCI to be responsible for the care and maintenance of the property until the final closing. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the amendment to the Agreement for the sale of City-owned property located at 1620 Clark Avenue to Habitat for Humanity of Central Iowa is hereby approved. ADOPTED THIS 26'day of April, 2011. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Davis Seconded by: Mahayni Voting aye: Davis, Goodman,Mahayni, Larson, Orazem, Wacha Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 26`h day of April, 2011.