HomeMy WebLinkAboutA027 - Resolution No. 21-629 adopted December 29, 2021 RESOLUTION NO. 21-629
RESOLUTION APPROVING RESTRICTIVE COVENANTS AND REGULATIONS
FOR SINGLE-FAMILY HOMES IN BAKER SUBDIVISION (321 STATE)
FOR THE CITY OF AMES, IOWA
WHEREAS, the City owns a 10.86-acres site located at 321 State Avenue known as the
Baker Subdivision and the property is being developed to support the affordable housing goals of
the City as a mixed income development with a minimum of 51%of the homes affordable to low-
and moderate-income households; and,
WHEREAS,the Final Plat for the Subdivision includes the development of 27 lots and was
adopted on May 26,2020,and of the 27 lots,26 are for the construction of single-family homes;and,
WHEREAS, at the August 25, 2020, City Council meeting, the City Council awarded a
Contract for the installation of the public improvements to Con-Struct,Inc.,of Ames,Iowa,and the
project began in late September 2020;to date approximately 90%of the project has been completed
(including the geothermal wells); and,
WHEREAS, the next step before the lots and construction of homes should begin is the
adoption of Restrictive Covenants and Regulations for the 26 single-family lots; and,
WHEREAS, in working with Legal staff, the proposed covenants address both the initial
construction of the homes on the affordable and market rate single-family lots and ongoing
requirements; and,
WHEREAS, many of the terms are based upon common language seen within market rate
subdivision covenants across Ames; and,
WHEREAS, approval of the covenants will allow for staff to proceed with construction of
housing and the sale of the lots; some of the highlights of the covenants are:
1. The following lots are designated as Affordable Housing: Lots 1 through 8, 10-13,
15, 24, and 25
2. The following lots are designated as Market Rate Housing:Lots 9, 14, 16 through 23,
and 26
3. All lots are residential, and shall not be improved, used, or occupied for other than
single-family residential purposes,this includes a prohibition against rental of homes
4. Timeframe of 18 months to start and complete the construction of homes upon deed
conveyance
5. Affordable housing developer minimum experience of constructing three homes
within the past seven years
6. Market Rate Housing developer minimum experience of constructing three homes
within three years of the past five years
7. Minimum size for affordable housing homes for a one-story is 1,100 square feet and
1'/Z story, two story, and split/bi-level is 1,150 square feet
8. Minimum size for Market Rate Housing homes for a one-story is 1,200 square feet
and 1'/2 , two story and split/bi-level is 1,250 square feet
9. All homes are required to have at least one garage parking space and a basement
WHEREAS,Lot 27,which is planned for future Low-Income Housing Tax Credit(LIHTC)
multi-family buildings, is not subject to these covenants.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the Restrictive Covenants and Regulations for Single-Family Homes in Baker Subdivision(321
State) are hereby approved.
ADOPTED THIS 29`' day of December, 2021.
Diane R. Voss, City Clerk John A. Haila, Mayor
Introduced by: Gartin
Seconded by: Junck
Voting aye: Corrieri, Gartin, Junck, Martin
Voting nay: None Absent: Beatty-Hansen, Betcher
Resolution declared adopted and signed by the Mayor this 29`h day of December, 2021.