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HomeMy WebLinkAbout~Master - Application for financial assistance for Iowa Choice Harvest, LLC RESOLUTION NO. 12-110 RESOLUTION APPROVING ENDORSEMENT OF IOWA ECONOMIC DEVELOPMENT AUTHORITY APPLICATION FOR FINANCIAL ASSISTANCE FOR IOWA CHOICE HARVEST, LLC, FOR THE CITY OF AMES,IOWA WHEREAS,Iowa Choice Harvest,LLC,is a start-up company that is seeking state assistance in establishing a fruit and vegetable processing facility in Ames that will freeze Iowa fruits and vegetables for grocery stores and institutions; and, WHEREAS, the products will be marketed within Central Iowa, and the company expects to create four full-time jobs and three part-time jobs; and, WHEREAS,the Iowa Choice Harvest application for assistance to the Iowa Department of Economic Development will be reviewed for approval by the IDED Authority in April with assistance requested under the Value-Added Agriculture Program; and, WHEREAS,there is no local match from the City required for this project,but the company does need a local sponsor to receive assistance from the State; and, WHEREAS,for the Iowa Economic Development Authority to continue consideration of this project, the Council must adopt a resolution supporting the submittal of the Iowa Choice Harvest application for assistance; and, WHEREAS, the total investment for the project is expected to be $1,025,284. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that support of the submittal of an application under Iowa Choice Harvest, LLC, requesting economic development assistance from the Iowa Economic Development Authority with the City of Ames acting as local sponsor is hereby approved. ADOPTED THIS 27th day of March, 2012. CA�1)10'R' -1�� At-vto uv. 6&00n'00!!��� Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Goodman Seconded by: Wacha Voting aye: Davis, Goodman, Orazem, Szopinski, Wacha Voting nay: None Absent: Larson Resolution declared adopted and signed by the Mayor this 27th day of March, 2012.