HomeMy WebLinkAbout~Master - Memorandum of Agreement with Mary Greeley Medical Center Regarding Donation for Fitch Family Indoor Aquatic CenterRESOLUTION NO. 24-591
RESOLUTION APPROVING THE MEMORANDUM OF AGREEMENT WITH MARY
GREELEY MEDICAL CENTER REGARDING ITS DONATION FOR THE
CONSTRUCTION OF THE FITCH FAMILY INDOOR AQUATIC CENTER
FOR THE CITY OF AMES, IOWA
WHEREAS, Mary Greeley Medical Center (MGMC) has pledged $4 million to be used
for the construction of the Fitch Family Indoor Aquatic Center. The payments will be issued
according to the following schedule:
1. 40% ($1,600,000) due within 30 days after the effective date of the agreement.
2. 20% ($800,000) due by January 31, 2025.
3. 20% ($800,000) due by June 30, 2025.
4. 20% ($800,000) due immediately upon issuance of occupancy permit for the Fitch Family
Aquatic Center; and,
WHEREAS, the agreement also allows MGMC the ability to provide aqua-therapy and
other rehabilitation services at the Fitch Family Indoor Aquatic Center; and,
WHEREAS, separate from the agreement, the wellness pool at the new facility will be
named the Mary Greeley Medical Center Wellness Pool.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the Memorandum of Agreement with Mary Greeley Medical Center regarding its donation for
the construction of the Fitch Family Indoor Aquatic Center is hereby approved.