HomeMy WebLinkAbout2019-52-1-28-19Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-52
RESOLUTION APPROVING APPLICATION FOR R.I.S.E.
FUNDING FOR LOCAL DEVELOPMENT FOR A NEW
ROADWAY OFF OF LEVERSEE ROAD, AND APPROVE THE
MEMORANDUM OF UNDERSTANDING WITH INRCOG FOR
THE WRITING, PREPARATION, AND SUBMISSION OF SAID
GRANT, AND AUTHORIZE THE MAYOR AND CITY CLERK
TO EXECUTE SAID DOCUMENTS.
WHEREAS, the City of Waterloo wishes to open up the Waterloo Air and Rail Park to
the east of Leversee Road and west of the Waterloo Regional Airport; and
WHEREAS, the construction of Lone Tree Road Extension is critical to providing access
to this developable area; and
WHEREAS, the Waterloo Air and Rail Park is within the corporate limits of Waterloo;
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
(DOT); and
WHEREAS, the RISE application for local development, with a total project cost of
$766,720, 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 for the construction of Lone Tree Road Extension, with a
total project cost of $766,720, is hereby approved and endorsed by the City Council of
Waterloo, Iowa as necessary to meet the future needs of the community.
(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 of 50 percent of the
local eligible share 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 28th day of January 2018.
l SL.l.�9 N1S�.
Quentin Hart, Mayor
ATTEST:
M. Even, Deputy City Clerk