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HomeMy WebLinkAbout~Master - Amendment to the Purchase Agreement with Habitat for Humanity of Central Iowa for the property at 1126 Grand Avenue DO NOT WRITE IN THE SPACE ABOVE THIS LINE,RESERVED FOR RECORDER Prepared by:Diane Voss,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. 21-533 RESOLUTION APPROVING AMENDMENT TO THE PURCHASE AGREEMENT WITH HABITAT FOR HUMANITY OF CENTRAL IOWA FOR THE PROPERTY AT 1126 GRAND AVENUE FOR THE CITY OF AMES,IOWA WHEREAS, at the City Council meeting on April 23, 2021, the City Council, as part of the City's Affordable Housing Program,adopted a Resolution proposing the sale fo the City-owned property at 1126 Grand Avenue to Habitat for Humanity of Central Iowa(HHCI) for$23,100; and, WHEREAS, the initial closing was scheduled to occur on or before March 31, 2022, 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 received a letter from the Director of Habitat for Humanity of Central Iowa requesting a time extension to complete the construction and closing as follows: Construction to be completed on or before November 30, 2022 - Closing with the City of Ames to be completed on or before December 31, 2022 - Closing to a qualified homebuyer to be completed on or before December 31, 2022 WHEREAS, the letter indicated the following reasons for the extension: 1. Working hard to resume building as usual after the last year and half of COVID and the Derecho. This has greatly impacted the use of volunteers, ability to get building materials, and resume on-site build days. 2. Timing has been difficult to secure sub-contractors for two upcoming builds. Many contractors are busy trying to catch up from the past year and Habitat found it very difficult to secure a suitable build schedule before the cold weather comes. 3. Hoping to secure a grant from the State Housing Trust Fund for this project. The funds from the Grant were not released timely and this has caused the entire project to be put behind schedule.Habitat is unable to start the project until the funding has been released and a partner family selected. 4. Habitat has been working with the Iowa Finance Authority(IFA)on legal issues around when Habitat actually takes ownership of the property. Habitat will receive the grant money at the end of the build when the property is officially purchased from the City of Ames by Habitat. 5. Habitat for Humanity has conducted an open application enrollment for the next partner families and this process can be long and detailed. The Family Selection Committee checks and verifies all the needed documentation. NOW, THEREFORE,BE IT RESOLVED by the City Council of the City of Ames, Iowa,that the Amendment to the Agreement between the City of Ames and Habitat for Humanity of Central Iowa to extend the date of completion for the construction of the home at 1126 Grand Avenue is hereby approved. ADOPTED THIS 12th day of October, 2021. Diane . Voss, City Clerk John A. Haila, Mayor Introduced by: Betcher Seconded by: Corrieri Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Martin Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 12th day of October, 2021.