Ames City Council | August 25, 2026

The Ames City Council meeting on August 25, 2026, included extensive discussions on several procurement and budget-related topics. Key procurement matters involved the presentation and planning for a new Ames Event Center, with discussions on funding strategies including private philanthropy, corporate support, and potential city ownership. The council also reviewed residential curbside recycling services, addressing challenges with alley access and service logistics, and approved Alternative Two to continue curbside service with opt-out options for alley properties. Significant financial deliberations focused on the financing plan for the new Ames Energy Center, including a $72 million contract for RICE engines and a phased bond issuance strategy to mitigate interest rate risks. The council approved setting a public hearing for the electric revenue loan and disbursement agreement. Additionally, the council received updates on urban renewal and tax abatement policies in light of new state property tax legislation, discussing strategies to maximize tax increment financing (TIF) benefits before January 1, 2027. Other agenda items included approval of general obligation bonds totaling approximately $43.6 million, a credit rating update affirming the city's AA1 rating with a stable outlook, and various community and infrastructure project updates. Motions were passed to place several items on future agendas for further consideration, reflecting ongoing strategic planning for city development and fiscal management.