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HomeMy WebLinkAbout2018-837-11/13/2018 FAILED Prepared by Kelley Felchle, City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2018-837 RESOLUTION APPROVING USE OF REVENUE EARNED FROM THE AUTOMATED TRAFFIC ENFORCEMENT CAMERAS PROGRAM IN FY2020 AND EACH BUDGET YEAR HEREAFTER, BY DESIGNATING USE OF SAID REVENUE FOR PROPERTY TAX RELIEF AND HIRING ADDITIONAL POLICE DEPARTMENT PERSONNEL,AND RESCINDING RESOLUTION NO. 2017-684. WHEREAS, the City of Waterloo entered into an agreement with GATSO USA, Inc. of Beverly, Massachusetts on August 7, 2017 to commence the Automated Traffic Enforcement Program, and WHEREAS, the program generated $90,000 in revenue during FY2018 for.the City of Waterloo, and WHEREAS,the program is projected to surpass,the revenue generate.in FY20,1�8, and WHEREAS,the Police Department hereby submits this resolution as a formal request to the Waterloo City Council to repeal Resolution No. 2017-684, to budget use of Automated Traffic Enforcement Program revenue during FY2020 and each budget year hereafter, and designate use of said revenue as property tax relief and hiring additional Police boartment personnel. NOW, THEREFORE, BE IT RES+Jt`VED BY THE CITY,COUNCIL OF THE CITY OF WATERLOO,IOWA,AS FOLLOWS: 1. That the revenue earned from the Automated Traffic Enforcement Camera Program be budgeted for use during FY2020 and each budget year hereafter. 2. That use of said revenue is designated,for property tax relief and hiring additional Police Department personnel 3. ghat Resolution No. 2017-684 is hereby rescinded. C Quentin Hart, Mayor ATTEST: AA-` Kelley Felchl City Clerk