HomeMy WebLinkAbout~Master - Third extension of Purchase Agreement for 1109 Roosevelt Avenue DO NOT WRITE IN THE SPACE ABOVE THIS LINE,RESERVED FOR RECORDER
Prepared by:Ames Legal Department,515 Clark Avenue,Ames,IA 50010 Phone:515-239-5146
Return to:Ames City Clerk,P.O.Box 811,Ames,IA 50010 Phone:515-239-5105
RESOLUTION NO. 15-647
RESOLUTION APPROVING EXTENSION OF PURCHASE AGREEMENT
WITH HABITAT FOR HUMANITY OF CENTRAL IOWA
FOR PROPERTY AT 1109 ROOSEVELT AVENUE
FOR THE CITY OF AMES,IOWA
WHEREAS, as part of the City's 2014-15 Community Development Block Grant (CDBG)
Neighborhood Sustainability Program, the Council adopted a resolution at its February 24, 2015,
meeting, proposing the sale of the City-owned property at 1109 Roosevelt Avenue to Habitat for
Humanity of Central Iowa(HHCI) for$25,000; and,
WHEREAS, the proposed sale was to occur on or before August 30, 2015, if all conditions of
the Purchase Agreement for the rehabilitation and sale of the property were satisfied; and,
WHEREAS, the City has approved Habitat's family selected to purchase the property at
1109 Roosevelt Avenue; and,
WHEREAS, at the July 14, 2015, Council meeting, the closing date had been extended to
October 31, 2015; and,
WHEREAS,now that the rehabilitation work on the property has been satisfactorily completed
as outlined in the Purchase Agreement,the property can now be sold to Habitat for Humanity of Central
Iowa; however,before the closing date of the property can occur, a date of public hearing will need to
be set; and,
WHEREAS,November 10,2015,has been selected as the date of the public hearing for the sale
of the property to Habitat,therefore,this will require the approved closing date to be extended to on or
before November 13, 2015.
NOW, THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that
the extension of the Purchase Agreement with Habitat for Humanity of Central Iowa for property at
1109 Roosevelt Avenue for closing to a qualified homebuyer to be completed on or before
November 13, 2015, is hereby approved.
ADOPTED THIS 27"' day of October, 2015.
C���R lij-&"' A.
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Corrieri
Seconded by: Gartin
Voting aye: Betcher, Corrieri, Gartin, Goodman,Nelson, Orazem
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 27"'day of October, 2015.