HomeMy WebLinkAbout2009-318-04/13/2009 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2009-318
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF WATERLOO, IOWA APPROVING A RISE APPLICATION
FOR IMMEDIATE OPPORTUNITY FUNDING; DESIGNATING
THE MAYOR AS THE OFFICIAL REPRESENTATIVE OF
THE CITY, AUTHORIZING THE MAYOR TO AFFIX HIS
SIGNATURE TO SAID APPLICATION AND PROVIDING
FINANCIAL ASSURANCES IN CONJUNCTION WITH SAME,
AND ACCEPTING RESPONSIBILITY FOR BRUNS
MACHINES .
WHEREAS, providing transportation access is an integral
component of the City of Waterloo' s efforts to retain and attract
quality jobs to the area; and
WHEREAS, Bruns Machines intends to construct a 15 , 000 square
foot building in a development south of W. Airline Highway and west
of Airport Blvd. , which will result in the retention of ten (10)
jobs and the creation of twenty (20) new jobs over the next two
years; and
WHEREAS, the construction of new road has been identified as a
necessary improvement to the planned expansion of Bruns Machines;
and
WHEREAS, failure to provide adequate access to the development
would impact Bruns Machines ' location decision, resulting in a
potential loss of jobs to the state; and
WHEREAS, it is in the best interest of the City of Waterloo,
Iowa, to avail itself of financial assistance through the RISE
Program as administered by the Iowa Department of Transportation
(IOOT) ; and
WHEREAS, the RISE application best addresses the needs of the
City;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WATERLOO, IOWA, as follows :
(1) The RISE application for the construction of new road is
hereby approved and endorsed by the City Council of
Waterloo, Iowa as necessary to meet current needs and to
assist in the expansion of jobs related to Bruns
Machines .
(2) The street will be dedicated to public use and will be
adequately maintained by the City of Waterloo.
(3) The City assures the IDOT that funds for the local match
of 20 percent of the eligible project costs 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 .
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