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HomeMy WebLinkAbout~Master - Setting Date of Public Hearing for Sale of City-owned Properties at 1228 Stafford Avenue and 3305 Morningside Street DO NOT WRITE IN THE SPACE ABOVE THIS LINE,RESERVED FOR RECORDER Prepared by:City Clerk's Office,515 Clark Avenue,Ames,IA 50010 Return to:Ames City Clerk,P.O.Box 811,Ames,IA 50010 Phone:515-239-5105 RESOLUTION NO. 19-130 RESOLUTION SETTING DATE OF PUBLIC HEARING FOR SALE OF CITY-OWNED PROPERTIES AT 1228 STAFFORD AVENUE AND 3305 MORNINGSIDE STREET FOR THE CITY OF AMES WHEREAS,as part of the City's Community Development Block Grant(CDBG)Neighborhood Sustainability Program, the Acquisition/Reuse program component seeks to acquire single-family properties and/or lots for reuse for affordable housing to assist low-and moderate-income families;and, WHEREAS,the CDBG program also makes health and safety repairs to the properties and the properties are matched with eligible first-time homebuyers through the City' CDBG Homebuyer Assistance Program; and, WHEREAS,the CDBG program parameters also permit the sale of properties to qualified non- profit organizations in the community; and, WHEREAS, CDBG funds were used to purchase two homes: a two-family home at 1228 Stafford Avenue and a single-family home at 3305 Morningside Street, both properties were vacant market rate rental housing units when purchased; and, WHEREAS, the home at 1228 Stafford Avenue was purchased in 2015 for $124,000 and the structure was rehabilitated(approximately$40,000)in anticipation to be sold as rental housing for low- income households;however,several negotiations with rental housing providers were unsuccessful;and, WHEREAS,the home at 3305 Morningside Street was purchased in 2018 for$116,000 and the house requires that asbestos be removed before proceeding with demolition; and, WHEREAS,Habitat for Humanity of Central Iowa(HHCI)approached staff with an interest in purchasing both properties for $80,000 ($40,000 for Stafford and $40,000 for Morningside); and, WHEREAS, a collaboration with Habitat for Humanity of Central Iowa would represent the endeavor between HHCI and the City of Ames and allow the City to continue to address one of its priority goals outlined in both the 2018-19 Annual Action Plan and 2014-2019 CDBG Consolidated Plan, which is to increase the supply of affordable housing for LMI households; and, WHEREAS,the revenue from the sale of these two properties will be program income for the CDBG program to then be reinvested in other programs, specifically, the 321 State Avenue site; and, WHEREAS,staff has found that HHCI meets the CDBG guidelines for working with non-profits for meeting program goals and is seeking authorization to work with the HHCI Executive Board to finalize terms and conditions of these purchases and to set April 23,2019,as the date of public hearing on the sale. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,that the date of public hearing be set for April 23, 2019, and staff is authorized to finalize the terms and conditions for the sale of 1228 Stafford Avenue and 3305 Morningside Street to Habitat for Humanity of Central Iowa in the total amount of$80,000. ADOPTED THIS 9t'day of April, 2019. _ cr d J,V�'j 6X'-� Diane . Voss, City Clerk John . Haila, Nfa oi­ Introduced by: Martin Seconded by: Corrieri Voting aye: Beatty-Hansen, Betcher, Corrieri, Martin,Nelson Voting nay: None Abstaining: Martin Absent: None Resolution declared adopted and signed by the Mayor this 91h day of April, 2019.