BY COUNCILOR GILBERT:
RESOLVED, that the proper city officials are hereby authorized to enter into an amendment substantially in the form on file in the office of the city clerk as Public Document No. __________ to the HOME program development projects agreement (City Contract No. 19501) with habitat, extending the term of the agreement to September 30, 2005.
STATEMENT OF PURPOSE: The purpose of this resolution is to extend the term of the agreement between the city of Duluth and habitat pursuant to which habitat will construct three new affordable housing units. Habitat has requested this extension in order to complete two units that have been started and to secure additional funding needed to complete the construction of the third unit.