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HomeMy WebLinkAbout~Master - 2018/19 Contract with Ames Economic Development Commission for Economic Development Services RESOLUTION NO. 18-399 RESOLUTION APPROVING 2018/19 CONTRACT WITH AMES ECONOMIC DEVELOPMENT COMMISSION FOR ECONOMIC DEVELOPMENT SERVICES FOR THE CITY OF AMES,IOWA WHEREAS, the City's 2018/19 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; and, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the Ames Economic Development Commission Agreement for FY 2018/19 is hereby approved. ADOPTED THIS 26th day of June, 2018. VdAU)h - UY�— " Diane R. Voss, City Clerk John . Haila, Mayor Introduced by: Gartin Seconded by: Betcher Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Martin,Nelson Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 26th day of June, 2018.