R2026-20 Resolution Amending Resolution 2023-08 and the Purchase and Renovation Agreement with Dove, Inc for the Property Located at 805 E. Johns Ave.

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RESOLUTION NO. R2026-2o RESOLUTION AMENDING RESOLUTION 2023-08 AND THE PURCHASE AND RENOVATION AGREEMENT WITH DOVE,INC FOR THE PROPERTY LOCATED AT 805 E. JOHNS AVE. WHEREAS, on April 17, 2023,the City Council of the City of Decatur adopted Resolution No. 2023-08 approving a Purchase and Renovation Agreement with DOVE, Inc. for the property commonly known as 805 E. Johns Avenue,Decatur, Illinois; and, WHEREAS, the original agreement contemplated the sale of the property to DOVE, Inc. for$190,000, along with the provision of HOME-ARP funds for renovation; and, WHEREAS,the City has since acquired the property using HOME Investment Partnerships Program American Rescue Plan (HOME-ARP) funds; and, WHEREAS, the City Council finds that conveying the property to DOVE, Inc. for nominal consideration will further the purposes of the HOME-ARP program by supporting permanent supportive housing and advancing HUD's goals of reducing homelessness and housing instability; and, WHEREAS, all affordability, compliance, and enforcement provisions required under HOME-ARP and HUD regulations shall remain in full force and effect. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, ILLINOIS: Section 1. Resolution No. 2023-08 is hereby amended to remove the requirement that DOVE, Inc. pay$190,000 for the purchase of the property located at 805 E. Johns Avenue. Section 2. The City of Decatur is authorized to convey the property located at 805 E.Johns Avenue,Decatur,Illinois, legally described as: Lot Four(4)in Block Two(2)of William Martin's 2nd Addition of Out Lots to Decatur, as per Plat recorded in Book 17 on Page 364 of the Records of the Recorder's Office of Macon County, Illinois, to DOVE, Inc. for nominal consideration of Ten Dollars ($10.00). Section 3. All other terms and conditions of the Purchase and Renovation Agreement, including but not limited to affordability periods, deed restrictions, use limitations, compliance with HUD regulations, and enforcement provisions, shall remain unchanged and in full force and effect.