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HomeMy WebLinkAboutA033 - Ames Regional Economic Alliance Annual Report PresentationTo:Ames City Council From:Steve Schainker, City Manager Date:May 27, 2025 Subject:Ames Regional Economic Alliance Annual Report Presentation Item No. 36 MEMO The City Council has allocated funds in the City Budget for FY 2025/26 for economic development activities. Historically, the City has contracted with the Ames Regional Economic Alliance (AREA) to conduct these activities on behalf of the City. As part of the contract, AREA completes an annual report and presents it to the City Council. The presentation will be available after the Council presentation. Staff is working with the AREA to update the contract for FY 2025/26, which will be brought to City Council for consideration at a later date. City Clerk's Office 515.239.5105 main 515.239.5142 fax 515 Clark Ave. P.O. Box 811 Ames, IA 50010 www.CityofAmes.org 1