HomeMy WebLinkAbout~Master - Approving Agreement for Sale of City-Owned Lots 2-7 in Baker Subdivision to Habitat for Humanity Central Iowa RESOLUTION NO. 23-217
RESOLUTION APPROVING AGREEMENT FOR SALE OF CITY-OWNED LOTS 2-7
IN THE BAKER SUBDIVISION TO HABITAT FOR HUMANITY OF CENTRAL IOWA
FOR THE CITY OF AMES,IOWA
WHEREAS, in 2015, as part of the City's Community Development Block Grant(CDBG)
Program, the City acquired a 10+ acre site located at 321 State Avenue (formerly the site of the
Old Ames Middle School). The site was purchased to develop a subdivision that will 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. The subdivision would consist of
27 buildable lots, 26 single-family lots, and one (1) lot for multi-family units; and,
WHEREAS, in July 2022, the City, as the developer for the subdivision, completed the
public infrastructure improvements (streets, water, sewer, electrical, and sidewalks, including
geothermal for the 26 single-family lots. The subdivision covenants were adopted in December
2021. The City is now positioned to develop the lots to construct single-family homes. As noted
above, a minimum of 51% (14) of the lots have to be available to low- and moderate-income
households; and,
WHEREAS, Habitat for Humanity of Central Iowa (HHCI) has signed a grant agreement
with the Iowa Finance Authority (IFA) to receive $1,559,660 of Coronavirus State and Local
Fiscal Recovery Funds. HHCI is now ready to proceed with its request to purchase six lots in the
Baker Subdivision at $50,000 each. Staff and HHCI have identified Lots 2-7, located along the
south side of Wilmoth Avenue; and,
WHEREAS,this transaction with HHCI would represent the sixteenth partnership between
HCCI and the City of Ames. This project will allow the City to continue to address one of its
priority goals outlined in both the 2022-2023 Annual Action Plan and the 2019-2023 CDBG
Consolidated Plan,which is to increase the supply of affordable housing for LMI households; and,
WHEREAS, the City's Finance staff has reviewed a draft of HHCI's 2022 Annual Audit
Report and finds it in good order, including the audit opinion. Six individual purchase agreements
have been prepared, which allows each agreement to reflect the appropriate commencement,
completion, and sale schedules for each lot; and,
WHEREAS, the sale of Lots 2-7 in the Baker Subdivision to Habitat for Humanity of
Central Iowa will assist the City in its efforts to continue to address the housing needs of low-and
moderate income first-time home buyers and will help jump-start the construction of homes in the
subdivision and potential for future sales to HHCI. Each of the homes will conform to the
established covenants for Baker Subdivision.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the terms and conditions in purchase agreements for sale of City-Owned Lots 2-7 in the Baker
Subdivision to Habitat for Humanity of Central Iowa are hereby approved.
ADOPTED THIS 1 lth day of April, 2023.
Renee kall, City Clerk John A. Haila, Mayor
Introduced by: Betcher
Seconded by: Corrieri
Voting aye: Beatty-Hansen, Betcher, Corrieri, Junck, Rollins
Voting nay: None Absent: None Abstaining: Gartin
Resolution declared adopted and signed by the Mayor this 1 Ith day of April, 2023.