HomeMy WebLinkAboutA049 - Resolution No. 24-426 adopted July 23, 2024 RESOLUTION NO. 24-426
RESOLUTION APPROVING AMENDMENT TO RESTRICTIVE COVENANTS FOR
AFFORDABLE HOUSING FOR THE BAKER SUBDIVISION
FOR THE CITY OF AMES,IOWA
WHEREAS, it has been determined that an amendment is necessary and proper on the
above covenants in order for the City to protect its interest in its affordable housing programs and
preserve the City's ability to maintain housing for LMI households for the designated affordability
periods; and,
WHEREAS, this amendment modifies the Baker Subdivision Covenants to obligate that
all of the lots designated for affordable housing be restricted to low-income households.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that Second Amendment to the Restrictive Covenants for the Baker Subdivision related to
affordability periods is hereby approved.
ADOPTED THIS 23rd day of July, 2024.
Renee kall, City Clerk John A. Haila, Mayor
Introduced by: Beatty-Hansen
Seconded by: Rollins
Voting aye: Beatty-Hansen, Corrieri, Rollins
Voting nay: None Absent: Betcher, Junck Abstaining: Gartin
Resolution declared adopted and signed by the Mayor this 23rd day of July, 2024.