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HomeMy WebLinkAbout~Master - Authorizing City staff to partner with the Iowa Economic Development Authority to complete a Pay As You Save (PAYS) feasibility studyRESOLUTION NO. 25-225 RESOLUTION AUTHORIZING CITY STAFF TO PARTNER WITH THE IOWA ECONOMIC DEVELOPMENT AUTHORITY TO COMPLETE A PAY AS YOU SAVE (PAYS) FEASIBILITY STUDY FOR THE CITY OF AMES, IOWA WHEREAS, the Iowa Economic Development Authority (IEDA) recently approached staff, seeking support for the development of PAYS in Iowa. IEDA proposed a PAYS feasibility study for Ames Electric Services, conducted in partnership with the Energy Efficiency Institute (EEI); and, WHEREAS, EEI invented PAYS and is among the foremost experts on the model. The City's commitment includes staff time to form a working group that would meet regularly throughout the project. The working group’s purpose is to provide necessary information, review findings, and decide on key program components; and, WHEREAS, conducting the feasibility study does not commit the City to implementing a PAYS program. If the study results are favorable, staff will return to the City Council for further guidance on implementing PAYS. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that authorizing City staff to partner with the Iowa Economic Development Authority to complete a PAYS feasibility study is hereby approved. ADOPTED THIS 13th day of May, 2025. _________________________________ ___________________________________ Renee Hall, City Clerk John A. Haila, Mayor Introduced by: Junck 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 13th day of May, 2025.