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HomeMy WebLinkAbout~Master - Allocating Dollars from Ice Arena Capital Replacement Fund to Ames/ISU Ice Arena Radiant Heat Replacement Project RESOLUTION NO. 24-641 RESOLUTION ALLOCATING DOLLARS FROM THE ICE ARENA CAPITAL REPLACEMENT FUND FOR THE AMES/ISU ICE ARENA RADIANT HEAT REPLACEMENT PROJECT FOR THE CITY OF AMES, IOWA WHEREAS, the Ames/ISU Ice Arena has a radiant heating system which provides heat for the spectator seating area and the lobby area; and, WHEREAS, this system is a critical feature of the Ice Arena and is regularly used when the Ice Arena is open for games and practices; and, WHEREAS, the radiant heating system was installed prior to the Ames/ISU Ice Arena opening in 2001 and has lasted 23 years. The life expectancy of the system is 15 years; and, WHEREAS, the available funding for this project is $75,000, resulting in a shortfall of $58,725. This shortfall of $58,725 will be covered by the Ames/ISU Ice Arena Capital Replacement Fund, which currently has a balance of $107,689. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the allocation of $58,725 from the Ice Arena Capital Replacement Fund for the Ames/ISU Ice Areana Radiant Heat Replacement Project is hereby approved. ADOPTED THIS 26th day of November, 2024. _________________________________ ___________________________________ Renee Hall, City Clerk John A. Haila, Mayor Introduced by: Betcher Seconded by: Corrieri Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 26th day of November, 2024.