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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 . Qr o H n td tnr0C � N OCCN � CN > smHs ER soza lubiart:No. 2009-318 �ageQ � n s � Hrrox Qtn � t7 sH o N --i s r CCH H N s Q H • tr7QHF rr H SASSED AND ADOPTED this 13th day of April, 2009 . r QHoC :. N ntrsCCs 0 Hb" c-DH z H r� Q tr1 H H H s H n ¢ ttr1csJ � Q o o H Cr' s s H H cC Tim Hurley, May soQxo ns � 'r1 � Q cn O Q H tri (1 0CCQ7 str ;r, NOCJH cv H H E r w . . _ (C _ co "- CMC rH tri n JC 7 s CCH N tri t7" CT"j H N bC O N N Qtz HHr1NIcCH trj � b" HQH CC . CC CJ s 5^ Ht17sn 0HNQtr1r 0J. tr1HN0 s � CC HCCH tris O H H Q m