May 3, 2019 Drew Kamp Ames Main Street 304 Main Street Ames, IA 50010 RE: FY 19 Ames Main Street Challenge Grant – Olde Main Brewing Company Notice of Rescission Dear Drew: The Ames Main Street Cultural District, d/b/a Ames Main Street, applied for and received notice of the Iowa Economic Development Authority’s intent to award a Fiscal Year 2019 Main Street Challenge Grant to provide assistance for a project in the Downtown Ames District that included renovation of Olde Main Brewing Company. IEDA has been informed that Scott Griffin, the owner of Olde Main Brewing Company and other similar businesses, has surrendered his alcohol licenses and will close or has closed Olde Main. We understand Ames Main Street is, therefore, withdrawing its application for an FY19 Challenge Grant. This confirms that the Iowa Economic Development Authority rescinds the Main Street Challenge Grant Award, effective immediately. If you have any questions, please contact Michael Wagler at 515 348-6184 or Michael.Wagler@iowaeda.com. Despite this setback, the Downtown Ames District is a thriving community. I am confident it will continue to succeed and thrive. If IEDA can provide information or assistance, please reach out to Michael. Sincerely, Debi Durham Director cc: Michael Wagler/File