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HomeMy WebLinkAbout~Master - Agreement to withdraw from IAMWind RESOLUTION NO. 10-069 RESOLUTION APPROVING AGREEMENT TO WITHDRAW FROM IAMWIND FOR THE CITY OF AMES WHEREAS, the City of Ames has requested that it be allowed to withdraw from the Agreement creating the Iowa Agency for Municipal Wind (IAMWind)under Iowa Code, Chapter 28E; and, WHEREAS,the City of Ames,pursuant to Article VI, Section 2 of the Agreement creating the IAMWind under Iowa Code, Chapter 28E, has requested that the Board of Directors waive the one-year notice of withdrawal as therein provided; and, WHEREAS,the City of Ames has also requested release from the Participation Agreement dated October 31, 2008; and, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that: Section 1: The City shall be allowed to withdraw from IAMWind upon execution of the Withdrawal Agreement attached hereto as Exhibit A and by this reference be made a part hereof. Section 2: The City withdrawal from IAMWind shall be effective upon the execution by the Iowa Agency for Municipal Wind and the City of Ames of the attached Withdrawal Agreement and payment is made by the City of Ames per Section 1 of said Agreement. ADOPTED THIS 23rd day of February, 2010. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Wacha Seconded by: Larson Voting aye: Davis, Goodman, Larson, Mahayni, Orazem, Wacha Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 23' day of February, 2010.