HomeMy WebLinkAbout2018-653-8/27/2018 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2018-653
RESOLUTION APPROVING A REVITALIZE IOWA'S SOUND
ECONOMY (RISE) IMMEDIATE OPPORTUNITY
APPLICATION FOR LOCAL DEVELOPMENT,
DESIGNATING THE MAYOR AS THE OFFICIAL
REPRESENTATIVE OF THE CITY, AUTHORIZING THE
MAYOR TO AFFIX HIS SIGNATURE TO SAID
APPLICATION, PROVIDING FINANCIAL ASSURANCES IN
CONJUNTION WITH SAME, ACCEPTING RESPONSIBILITY
FOR IMPROVEMENTS TO MARNIE AVENUE AT A TOTAL
PROJECT COST OF $630,395, AND AUTHORIZE THE
MAYOR TO EXECUTE SAID DOCUMENTS.
WHEREAS, the City of Waterloo wishes to extend Mamie Avenue near the intersection
of Hwy. 63 and Hwy. 20, and
WHEREAS, the extension of Mamie Avenue would provide access to a thirty (30) acre
site which the City of Waterloo intends to develop this fall, and
WHEREAS, it is in the best interest of the City of Waterloo, to avail itself of financial
assistance through the RISE Program as administered by the Iowa Department of Transportation
(Iowa DOT), and
WHEREAS, the RISE application for local development, with a total project cost of
$630,395, best addresses the needs of the City.
NOW THEREFORE, BE IT RESOLVED by the City Council of Waterloo, Iowa, as
follows:
(1) The RISE application to extend Mamie Avenue, near the corner of Hwy. 63 and
Hwy. 20, to provide access to a local thirty (30) acre development site, is hereby approved and
endorsed by the City Council of Waterloo, Iowa as necessary to meet current needs and to assist
in additional development opportunities.
(2) The roadway provided for in this application will be dedicated to public use and
adequately maintained by the City of Waterloo.
(3) The City assures the Iowa DOT that funds for the local match have been
committed to the RISE project.
(4) The Mayor is hereby designated as the official representative of the City and is
further hereby directed and authorized to affix his signature to said application and certain State
assurances in conjunction with same.
PASSED AND ADOPTED this 27th day of August 2018.
Quentin Hart, Mayor
A LZTEST:
LeA M.-Tvek CMC, IaCMC
Depu City Clerk