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HomeMy WebLinkAbout2020-307-05/04/2020Prepared Kelley Felchle City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2020-307 RESOLUTION APPROVING CITY/STATE FUNDING AGREEMENT WITH THE IOWA DEPARTMENT OF TRANSPORTATION FOR RISE FUNDING, IN THE AMOUNT OF $3,196,984, IN CONJUNCTION WITH THE FY 2021 LAPORTE ROAD/HESS ROAD IMPROVEMENTS - PHASE I, CONTRACT NO. 1016, WITH CITY MATCHING FUNDS OF $3,196,984, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA that the City/State Funding Agreement dated May 4, 2020, between the Iowa Department of Transportation and the City of Waterloo, Iowa, in the amount of $3,196,984, for Federal -Aid Swap Funding, in conjunction with the FY 2021 LaPorte Road/Hess Road Improvements - Phase I, Contract No. 1016, with City matching funds of $3,196,984, is hereby approved and the Mayor and City Clerk are authorized and directed to execute the same on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 4th day of May 2020. Quentin Hart, Mayor ATTEST: Kelley Felc ;'e City Clerk