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HomeMy WebLinkAbout~Master - Cost Share to create Conceptual Plan for new industrial park RESOLUTION NO. 12-557 RESOLUTION APPROVING AMES ECONOMIC DEVELOPMENT REQUEST FOR FUNDING TO CREATE A CONCEPTUAL PLAN FOR EAST LINCOLN WAY INDUSTRIAL PARK FOR THE CITY OF AMES, IOWA WHEREAS,the City Council referred to staff the September 27,2012,letter from the president of the Ames Economic Development Commission(AEDC)requesting$7,500 from the City to share the cost of creating a conceptual design plan with associated costs to develop a new industrial park east of Interstate 35 along East Lincoln Way; and, WHEREAS, the discussions among the Council members have focused on the $4,300,000 needed to extend the infrastructure (water mains and sanitary sewer trunk lines) to the industrial area envisioned in our LUPP; and, WHEREAS, the AEDC has indicated that this investment is the first step in creating the necessary environment to attract or expand industries to our community along with their much needed jobs, and it has emphasized the need for an industrial park located east of Interstate 35 along East Lincoln Way; and, WHEREAS, prior to developing a strategy for financing such an initiative, it is critical that a conceptual plan for the new park be created and the associated costs be identified; and, WHEREAS,the AEDC is prepared to hire a consulting engineer to accomplish these two tasks, and the estimated cost for these tasks is $15,000; and, WHEREAS, the AEDC is requesting that the City share equally in the cost of this consulting work; and, WHEREAS,the AEDC would contract directly with the consulting engineer and the City would provide reimbursement for the cost of half of this work up to $7,500; and, WHEREAS,funding for this purpose is available within the City Council's Contingency Fund. NOW,THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,that the request for funding in the amount of$7,500 to create a conceptual plan for the East Lincoln Way Industrial Park is hereby approved. ADOPTED THIS 23`d day of October, 2012. lt4t ,11J,-R-1[ A.1-- -& Di'aln. Voss, City Clerk Ann . amp ell, ayor Introduced by: Goodman Seconded by: Orazem Voting aye: Davis, Goodman, Larson, Orazem, Szopinski, Wacha Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 23rd day of October, 2012.