HomeMy WebLinkAbout~Master - CEBA application for Proplanner.Net RESOLUTION NO. 03-006
RESOLUTION APPROVING SUBMITTAL OF CEBA VENTURE APPLICATION
ON BEHALF OF PROPLANNER.NET
FOR THE CITY OF AMES
WHEREAS, the City of Ames has been asked by Proplanner.Net to submit a $100,000
CEBA Venture application to the Iowa Department of Economic Development(IDED)on its behalf;
and,
WHEREAS, the CEBA Venture Project Component is a program designed to assist
communities in the development of entrepreneurial business ventures by making equity-like
investments in start-up and early-stage companies or existing companies developing new products
or technologies; and,
WHEREAS,Proplanner.Net is in the business of developing web-based production planning
software solutions for manufacturers, and its software solutions are designed to meet the needs of
engineers who are currently designing and planning processes for the manufacture of complex parts
and assemblies using unintegrated software tools such as Excel spreadsheets and pencil and paper;
and,
WHEREAS,within three years,the company projects it will add approximately 27 employees
for this project.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the submittal of a CEBA Venture Project application to the Iowa Department of Economic
Development on behalf of Proplanner.Net is hereby approved.
ADOPTED THIS 14`h day of January, 2003.
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Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Cross
Seconded by: Goodhue
Voting aye: Cross, Goodhue, Hoffman, Mahayni, Vegge, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 14"' of January, 2003.