HomeMy WebLinkAbout~Master - RLF assistance for Facade Improvements at 220-224 Main Street RESOLUTION NO. 04-515
RESOLUTION APPROVING REQUEST FOR NO-INTEREST LOAN
FROM THE DOWNTOWN REVOLVING LOAN FUND ASSISTANCE
FOR FACADE IMPROVEMENTS AT 220-224 MAIN STREET
FOR THE CITY OF AMES
WHEREAS,Y2LC Corporation(Karen and Gary Youngberg)has purchased and demolished
an existing building located at 224 Main Street and proposes to construct an addition to the existing
Ames Silversmithing business located next door to the east; and,
WHEREAS, the proposed design of the new construction will match that of the existing
facade; and,
WHEREAS,the applicants have requested a$15,000 three-year no-interest loan and$1,000
grant(for design fees), the maximum allowed under the Program; and,
WHEREAS, the proposed construction meets the adopted Downtown Design Guidelines;
and,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the request for a three-year no-interest loan for $15,000 from the Downtown Revolving Loan
Fund and a grant of$1,000 for design fees associated with the improvements for property located
at 220-224 Main Street is hereby approved.
ADOPTED THIS 23rd day of November, 2004.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Wirth
Seconded by: Mahayni
Voting aye: Cross, Goodman, Mahayni, Vegge, Wirth
Voting nay: None Abstaining: Goodhue
Absent: None
Resolution declared adopted and signed by the Mayor this 23rd day of November, 2004.