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HomeMy WebLinkAbout~Master - Approving 2020/21 Contract with Ames Economic Development Commission for Economic Development Services RESOLUTION NO. 20-468 RESOLUTION APPROVING 2020/21 CONTRACT WITH AMES ECONOMIC DEVELOPMENT COMMISSION FOR ECONOMIC DEVELOPMENT SERVICES FOR THE CITY OF AMES, IOWA WHEREAS, the City's 2020/21 adopted budget includes funds for the Ames Economic Development Commission(AEDC)to conduct economic development activities on behalf of the City; 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, WHEREAS, the City Council has separately contracted with AEDC for its workforce development initiative($15,000 for FY 2020/21),and this was supported through the Outside Funding Request process and a contract for that work has already been approved; and, WHEREAS, at the June 9, 2020, City Council meeting, the Council reviewed the proposed renewal contract and after reviewing the contract the Council, asked the City Manager to craft new language that more accurately represented how the contract is being operationalized; and, WHEREAS, the City Council requested that a new task be specified in the contract that requires the AEDC to encourage and support minority-owned businesses in the community; WHEREAS,most of the language in the contract remained the same as in previous years,but changes were made in Article II B., paragraphs 2, 3, 14, and 15. NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that the Ames Economic Development Commission Agreement for FY 2020/21 is hereby approved. ADOPTED THIS 25"'day of August, 2020. cr Diane . Voss, City Clerk John A. Haila, Mayor Introduced by: Betcher Seconded by: Junck Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Martin Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 25t1i day of August, 2020.