HomeMy WebLinkAboutIowa Department of Economic Development-6/6/2011 (2)May 18, 2011
The Honorable Emest G. Clark, Mayor
City of Waterloo
City Hall - 715 Mulberry St.
Waterloo, IA 50703
SUBJECT: Contract Number 11 -NSP -018
Dear Mayor Clark:
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MAY 2 3 2011
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I am pleased to inform you that the Iowa Department of Economic Development (IDED) intends to award
Waterloo a grant in an amount not to exceed $904,000. This award is from the Neighborhood
Stabilization Program, allocation 3, (NSP3) for activities outlined in your application. Your award may be
subject to further evaluation and modification of activities to ensure program eligibility and compliance.
You may look forward to receiving contract documents for your review and signing in the near future. Your
contract with respect to this award (the "Contract") will have a start date of May 18, 2011 pending
successful contract negotiation and complete execution. You may incur costs for general administration
and for the environmental review process. However, you may not expend project funds (local or NSP)
until the State has approved your Request for Release of Funds (RROF) and has actually released funds
for your activity. If you have any questions, please contact your program manager, Elyse Shindelar at
515-229-6.172 or elyse.shindelar@iowa.gov.
Congratulations on receiving NSP3 funds. IDED looks forward to working with you to positively impact
Iowa neighborhoods.
Sincerely,
Eleborah V. Durham
Director:
EFS/bh
cc: Rudy D. Jones, City of Waterloo
Project Manager (ES)
File
Terry E. Branstad, Governor
RECEIVED MAY 2-0 2011
IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT lam Reynolds, Lieutenant Governor
Debi V. Durham, Director ® 200 East Grand Avenue, Des Moines, Iowa USA 50309 0 Phone: 515.725.3000 0 Fax 515.725.3010 0 wwwiowalifechanging.com '; :
Waterloo, acting by and through its duly authorized officers, hereby accepts the award described in this letter
(the "Award"), acknowledges that receipt of this Award is contingent upon the satisfaction of all conditions of
the CDBG Program and the execution of the Contract, and agrees to be bound by all program requirements of
the CDBG Program for disaster recovery, IDED guidelines and the Contract with respect to this Award.
Water! 6/11 -NSP -07$
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