HomeMy WebLinkAbout~Master - RLF for Prairie Logic, Inc. RESOLUTION NO. 02-347
RESOLUTION APPROVING REVOLVING LOAN FUND
FOR PRAIRIE LOGIC, INC.,
FOR THE CITY OF AMES
WHEREAS,Prairie Logic,Inc.,has been awarded a three-year$38,500 loan at 6%through
the City of Ames Revolving Loan Fund(RLF)program to assist the company in developing a new
product; and,
WHEREAS,the loan will be for the development of a medical field system that will utilize
their Experience Capture System for physical therapy.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the City of Ames Revolving Loan Fund contract between the City of Ames and Prairie Logic,
Inc., is hereby approved.
ADOPTED THIS 25t''day of June, 2002.
--
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Cross
Seconded by: Wirth
Voting aye: Cross, Goodhue, Quirmbach, Vegge, Wirth
Voting nay: None Absent: Hoffinan
Resolution declared adopted and signed by the Mayor this 25t'day of June, 2002.