HomeMy WebLinkAbout~Master - Co-Sponsor (with ISU Research Park) the U.S. Economic Development Administration Grant Application RESOLUTION NO. 18-358
RESOLUTION AUTHORIZING CITY OF AMES TO CO-SPONSOR
U. S. ECONOMIC DEVELOPMENT ADMINISTRATION GRANT APPLICATION
RELATED TO PHASE IV OF IOWA STATE UNIVERSITY RESEARCH PARK
FOR THE CITY OF AMES
WHEREAS,City staff has been approached by staff at the Iowa State Research Park to assist
in the development of Phase IV of the Research Park; and,
WHEREAS,this new phase will comprise approximately 32 developable acres of land;and,
WHEREAS,the impetus for this addition is the fact that the John Deere Company desires to
increase its presence at the Research Park; and,
WHEREAS, it is proposed that a new building of approximately 35,000 square feet be
constructed on approximately five acres where they intend to develop the next generation of sprayer
equipment; and,
WHEREAS, due to the lot selected by John Deere and Research Park officials, street and
utility improvements will be necessary; and,
WHEREAS, Research Park representatives have been working to secure a new source of
funding for infrastructure, which is in the form of a United States Economic Development
Administration grant for up to $1,800,000.
NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that
authorization for the City of Ames to co-sponsor the U. S. Economic Development Administration
Grant Application related to Phase IV of the Iowa State University Research Park is hereby granted.
ADOPTED THIS 12' day of June, 2018.
41 e2-11AA�
Diane TC Voss, City Clerk John A. Haila, Mayor
Introduced by: Betcher
Seconded by: Corrieri
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Martin,Nelson
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 12'h day of June, 2018.