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HomeMy WebLinkAbout~Master - Extension of Purchase Agreement with Habitat for Humanity for 306 Wellons Drive RESOLUTION NO. 17-325 RESOLUTION APPROVING EXTENSION OF PURCHASE AGREEMENT FOR PROPERTY AT 306 WELLONS DRIVE FOR THE CITY OF AMES WHEREAS, at the City Council meeting on June 28, 2016, the City Council, adopted a resolution for the sale of the City-owned property at 306 Wellons Drive to Habitat for Humanity of Central Iowa(HHCI) for$30,000; and, WHEREAS, the sale of the land was part of the City's 2015-16 Community Development Block Grant(CDBG)Neighborhood Sustainability Program; and, WHEREAS, the proposed closing was scheduled to occur on or before July 31, 2017, 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 306 Wellons Drive; and, although the rehabilitation work began promptly, there are additional areas on the home that are deteriorating and are in need of repair or replacement, such as windows, siding, soffit and fascia; and, WHEREAS, the repair or replacement of these items will take additional time and, therefore, will cause a delay in the original completion schedule, so Habitat is requesting a time extension for the rehabilitation and closing; and, WHEREAS, HHCI now indicates that the rehabilitation will be completed on or before July 31, 2017, and the closing to a qualified homebuyer is to be completed on or before August 31, 2017. 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 to rehabilitate and sale the City-owned property at 306 Wellons Drive is hereby approved. ADOPTED THIS 23' day of May, 2017. C�I f 1 • lka& A. tom'• ��s� Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Nelson Seconded by: Orazem Voting aye: Beatty-Hansen, Betcher, Corrieri,Nelson, Orazem Voting nay: None Abstaining: Gartin Absent: None Resolution declared adopted and signed by the Mayor this 23'day of May, 2017.