HomeMy WebLinkAbout~Master - Approving Development Agreement Between the City of Ames and Iowa State University regarding the New Ice Arena RESOLUTION NO. 99-192
RESOLUTION APPROVING DEVELOPMENT AGREEMENT
BETWEEN THE CITY OF AMES AND IOWA STATE UNIVERSITY
REGARDING THE NEW ICE ARENA
FOR THE CITY OF AMES,IOWA
WHEREAS, the ice arena building will be jointly owned by the City of Ames (City) and Iowa State
University(ISU); and,
WHEREAS,the City will provide $1.7 million to the project and ISU will provide $2 million; and,
WHEREAS, all costs associated with the construction of this facility (design fees, construction
management fees,inspection fees,construction contract costs,etc.)must be financed from this$3.7 million total;
and,
WHEREAS, since the University has construction management personnel on staff, an ISU official will
serve as the Administrator for this project; and,
WHEREAS, even though the Administrator will have the responsibility for managing the project, all
change orders under$25,000 must also be approved by the Director of Parks and Recreation;change orders above
$25,000 will be approved by the City Manager;and if the change order is above$50,000,they must be approved
by the City Council; and,
WHEREAS, the joint-use facility will be built in accordance with regulations that pertain only to state
buildings; and,
WHEREAS,the City Council and ISU have the authority to approve the architect for the project and the
construction contract documents for the facility; and,
WHEREAS,as progress payments come due,ISU will pay the architect and contractors and will bill the
City for 45.9% of the project; and,
WHEREAS,this Agreement will be in effect until the construction project is accepted as complete by the
City and ISU.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the
Development Agreement between Iowa State University and the City of Ames regarding the new ice arena is
hereby approved as attached hereto and made a part hereof by this reference.
ADOPTED THIS 25th day of May, 1999.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Parks
Seconded by: Wirth
Voting aye: Campbell, Cross,Hoffman,Parks, Quirmbach,Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 27th day of April, 1999.