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HomeMy WebLinkAbout~Master - 2017/18 AEDC Commission Agreement RESOLUTION NO. 17-389 RESOLUTION APPROVING 2017/18 CONTRACT WITH AMES ECONOMIC DEVELOPMENT COMMISSION FOR ECONOMIC DEVELOPMENT SERVICES FOR THE CITY OF AMES, IOWA WHEREAS, the City's 2017/18 adopted budget includes funds for the Ames Economic Development Commission (AEDC) to conduct economic development activities on behalf of the City, and, WHEREAS, an agreement has been prepared outlining the responsibilities of the AEDC in conducting this work; and, WHEREAS, this agreement provides $150,000 to the AEDC in exchange for two main services: $90,000 of this amount purchases business recruitment and marketing services, and the remaining $60,000 continues funding the services of the City Business Development Coordinator, who provides guidance to prospective businesses and developers as they navigate the development process. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the Ames Economic Development Commission Agreement for FY 2017/18 is hereby approved. ADOPTED THIS 13' day of June, 2017. A. Diane R Voss, City Clerk Arm H. Campbell, Mayor Introduced by: Betcher Seconded by: Gartin Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin,Nelson, Orazem Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 131h day of June, 2017.