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HomeMy WebLinkAbout2015-788-9/28/2015 Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291- 4323 . RESOLUTION NO. 2015-788 RESOLUTION APPROVING APPLICATION TO THE IOWA DEPARTMENT OF TRANSPORTATION FOR ICAAP FUNDING FOR RE-TIMING THE DOWNTOWN TRAFFIC SIGNAL SYSTEM FOR $200, 000 WITH A 20 PERCENT LOCAL MATCH BY THE CITY OF WATERLOO AND UPON COMPLETION, BE RESPONSIBLE FOR ADEQUATELY MAINTAINING AND OPERATING THE PROJECT FOR PUBLIC USE DURING THE PROJECT ' S USEFUL LIFE AND DIRECTING EXECUTION OF SAID APPLICATION BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the application to the Iowa Department of Transportation for ICAAP funding for re-timing the Downtown traffic signal system, in the amount of $200, 000 . 00, with a 20 percent local match by the City of Waterloo and upon completion, be responsible for adequately maintaining and operating the project for public use during the project' s useful life, is hereby approved and the Mayor is authorized and directed to execute said application on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 28th d of September 015 . i_�v Ernest G. Clark, Mayor ATTEST: �6&jkik__ Kel ey Fel e, Deputy Cit Clerk