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HomeMy WebLinkAbout~Master - Approving Amendments to the Purchase Agreement with Habitat for Humanity of Central Iowa for 3305 Morningside Street RESOLUTION NO.20-077 RESOLUTION APPROVING AMENDMENT TO THE PURCHASE AGREEMENT WITH HABITAT FOR HUMANITY OF CENTRAL IOWA,GRANTING A TIME EXTENSION TO THE CONSTRUCTION COMPLETION DATE AND THE CLOSING DATE FOR THE PROPERTY AT 3305 MORNINGSIDE STREET FOR THE CITY OF AMES,IOWA WHEREAS,at the City Council meeting on April 23,2019,the City Council,as part of the CDBG approved Neighborhood Sustainability Program,adopted a Resolution proposing the sale of the City-owned property at 3305 Morningside Street to Habitat for Humanity of Central Iowa(HHCI) for$40,000; and, WHEREAS, the proposed construction schedule was to occur on or before April 30, 2020, if all conditions of the Purchase Agreement for the construction of a new single-family home and sale of the property were satisfied; and, WHEREAS, the City had approved Habitat's selected family for the purchase of the property at 3305 Morningside Street;however,the sub-contractors were delayed from completing the excavation work due to excessive rain and inclement weather that occurred during the initial start of construction; and, WHEREAS, additionally, there was a delay in receiving notification of a State Grant for the construction expenses of the home,and although the construction work has begun,the delays will shift the original completion schedule; and, WHEREAS,Habitat for Humanity of Central Iowa is requesting a time extension to complete the construction and closing as outlined below: a. Construction to be completed on or before May 31,2020 b. Closing to a qualified homebuyer to be completed on or before June 30, 2020. NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that the Amendment to the Purchase Agreement with Habitat of Humanity of Central Iowa granting a time extension to the construction completion date and the closing date, as outlined above, for the property at 3305 Morningside Street are hereby approved. ADOPTED THIS 1 lffi day of February, 2020. Diane R. Voss, City Clerk John A. Haila,Mayor Introduced by: Beatty-Hansen Seconded by: Martin Voting aye: Beatty-Hansen,Betcher, Corrieri, Junck,Martin Voting nay: None Abstaining due to conflict of Interest: Gartin Absent: None Resolution declared adopted and signed by the Mayor this 1 Vh day of February,2020.