HomeMy WebLinkAbout~Master - Funding support for ACVB Flat Space Project RESOLUTION NO. 13-439
RESOLUTION APPROVING SUPPORT FOR UPGRADE OF THE COMMUNITY'S
CONVENTION FACILITIES AND PROVIDING FUNDS TOWARDS A THIRD STUDY
FOR THE CITY OF AMES, IOWA
WHEREAS, the Ames Convention and Visitors Bureau (ACVB), the Ames Chamber of
Commerce,the Ames Economic Development Commission(AEDC),Iowa State University(ISU),
and the City of Ames have funded two studies over the past 24 months regarding the proposed flat
space project; and,
WHEREAS,the first study involved a market analysis regarding the potential for a mixed-
use convention and events center in Ames; and,
WHEREAS, the second study focused on potential locations for additional conventional
space; and,
WHEREAS,the ACVB is now requesting that these same entities finance a third study with
two phases; and,
WHEREAS, the first phase involves a market analysis for a potential hotel adjacent to the
convention facilities,and the second phase involves analyzing potential private funding for the flat
space project; and,
WHEREAS, as with the past studies, the ACVB will cover 50% of the cost, with the
Chamber and AEDC, ISU, and the City each paying one-third of the remaining 50%; and,
WHEREAS, the total cost for the analysis is not to exceed $38,500.
NOW,THEREFORE,BE IT RESOLVED,by the City Council of the City of Ames,Iowa,
that the support of the two-phase study being proposed by the Ames Convention and Visitors
Bureau(the hotel market analysis and the analysis of potential funding sources)is hereby approved,
and $6,417 from the Council's Contingency Fund is authorized to fund the City's share of the
study.
ADOPTED THIS loth day of September, 2013.
4.
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Goodman
Seconded by: Orazem
Voting aye: Davis, Goodman, Orazem, Szopinski
Voting nay: None Absent: Larson, Wacha
Resolution declared adopted and signed by the Mayor this loth day of September, 2013.