HomeMy WebLinkAbout~Master - FY 2023/24 Contract with Ames Economic Development Commission for Economic Development Services RESOLUTION NO. 23-324
RESOLUTION APPROVING FY 2023/24 CONTRACT WITH
AMES ECONOMIC DEVELOPMENT COMMISSION FOR
ECONOMIC DEVELOPMENT SERVICES
FOR THE CITY OF AMES,IOWA
WHEREAS, the City's 2023/24 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 $175,000 to the AEDC in exchange for two main
services: $115,000 of this amount purchases business recruitment and marketing services; 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, this contract does not include funding designated for economic development
that may be awarded through the outside grant funding process. For example, in FY 2023/24, the
Council allocated$15,000 in workforce development funds to the AEDC.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the Ames Economic Development Commission Agreement for FY 2023/24 in the amount of
$175,000 is hereby approved.
ADOPTED THIS 131h day of June, 2023.
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Renee kall, City Clerk John A. Haila, Mayor
Introduced by: Gartin
Seconded by: Corrieri
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Rollins
Voting nay: None Absent: Junck
Resolution declared adopted and signed by the Mayor this 13th day of June, 2023.