HomeMy WebLinkAbout~Master - CYTown Development Area Construction, Utilities, Traffic, and Related Services Memorandum of Understanding RESOLUTION NO. 24-269
RESOLUTION APPROVING CYTOWN DEVELOPMENT AREA
CONSTRUCTION, UTILITIES, TRAFFIC,AND RELATED SERVICES
MEMORANDUM OF UNDERSTANDING
FOR THE CITY OF AMES,IOWA
WHEREAS, Iowa State University of Science and Technology is the owner of property
located between Lincoln Way and Jack Trice Way and South University Boulevard to Beach
Avenue ("CYTown Development Area"); and,
WHEREAS, it is the mutual desire of Iowa State University of Science and Technology
and the City to realize the development of CYTown, a multi-use district which may contain uses
including retail, office,residential,medical, entertainment, event space,hotel,research, academic,
administrative, and other similar activities and related supporting infrastructure; and,
WHEREAS, the development of CYTown will facilitate investments in the existing Iowa
State Center buildings to create a premier performing arts, visitor, events, and entertainment area;
and,
WHEREAS, the City and Iowa State University of Science and Technology have entered
into a separate memorandum of understanding to address the financing of the improvements to the
Iowa State Center facilities executed by the parties; and,
WHEREAS, the construction and management of the public services related to the
CYTown Development Area requires coordination between the City and Iowa State University of
Science and Technology with regard to utilities,traffic,public safety,permitting, and other related
matters as described in the memorandum of understanding.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the CYTown Development Area Construction, Utilities, Traffic, and Related Services
Memorandum of Understanding is hereby approved.
ADOPTED THIS 14th day of May, 2024.
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Renee kall, City Clerk John A. Haila, Mayor
Introduced by: Beatty-Hansen
Seconded by: Betcher
Voting aye: Beatty-Hansen, Betcher, Gartin, Junck, Rollins
Voting nay: None Absent: Corrieri
Resolution declared adopted and signed by the Mayor this 14th day of May, 2024.