HomeMy WebLinkAbout~Master - Amending the Purchase Agreement with Habitat for Humanity of Central Iowa to Extend the Time for Completion for the Rehabilitation and Sale of the Single-Family Home located at 241 Village Drive 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.22-379
RESOLUTION AMENDING THE PURCHASE AGREEMENT WITH HABITAT FOR HUMANITY OF
CENTRAL IOWA TO EXTEND THE TIME FOR COMPLETION
FOR THE REHABILITATION AND SALE OF THE
SINGLE-FAMILY HOME LOCATED AT 241 VILLAGE DRIVE
FOR THE CITY OF AMES,IOWA
WHEREAS,at its meeting on April 12,2022,the City Council approved the sale of the City-owned property
at 241 Village Drive to Habitat for Humanity of Central Iowa(HHCI)for$100,000,and the closing will occur on or
before July 29,2022,if all conditions of the Purchase Agreement for the rehabilitation of the single-family home and
sale of the property were satisfied;and,
WHEREAS, the City recently received an email from HHCI requesting an extension to complete the
rehabilitation and closing,and the extension would amend the Purchase Agreement deadlines from July 29,2022 to
the dates outlines below:
Rehabilitation to be completed on or before October 15,2022
Closing with the City of Ames to be completed on or before October 31,2022
Closing to a qualified homebuyer to be completed on or by October 31,2022
WHEREAS,HHCI indicated two reasons for the request: 1)Habitat for Humanity of Central Iowa had to
reopen the homeowner application process due to a first unsuccessful attempt at fording a financially viable partner
family for the project;and,2)because ofunforeseen challenges in securing adequate volunteer and subcontractor labor
for the project,the renovation work that is being planned will take longer than initially anticipated.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the
Amendment to the Purchase Agreement with Habitat for Humanity of Central Iowa to extend the time for completion
for the rehabilitation and sale of the single-family home located at 241 Village Drive is hereby approved.
ADOPTED THIS 12t'day of July,2022.
1'�1;4 V'Vr)"R-,I jm'�'
DI . oss, City Jerk John A.Haila,Mayor
Introduced by: Junck
Seconded by: Beatty-Hansen
Voting aye: Beatty-Hansen,Corrieri,Gartin,Junck,Rollins
Voting nay: None Absent: Betcher
Resolution declared adopted and signed by the Mayor this 12`h day of July,2022.