HomeMy WebLinkAbout~Master - NJIP contract for Ball Plastics Container Corporation RESOLUTION NO. 02-348
RESOLUTION APPROVING NEW JOBS AND INCOME
PROGRAM (NJIP) CONTRACT AMONG THE STATE OF IOWA,
CITY OF AMES,AND BALL PLASTICS CONTAINER CORPORATION
FOR THE CITY OF AMES
WHEREAS,the NJIP application was approved by the state of Iowa for new production and
warehousing operations and 50 new positions in the production area; and,
WHEREAS,there are various incentives offered by the state of Iowa with the NJIP Program;
and,
WHEREAS,the important incentive that the City of Ames has agreed to participate in is the
granting of industrial property tax abatement for ten years; and,
WHEREAS, Ball Plastic Container Corporation is required to pay a median wage of
$11.96/hour for the 50 new employees and invest$19,700,000 in the Ames facility.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the New Jobs and Income Program Contract among the state of Iowa, City of Ames, and Ball
Plastics Container Corporation for the City of Ames.
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.