HomeMy WebLinkAbout2021-234-04.19.2021Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2021-234
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 IMPROVEMENTS TO LAKE STREET.
WHEREAS, providing safe transportation access is an integral component of the City of Waterloo's
efforts to retain and attract quality jobs to the area; and
WHEREAS, CPM Roskamp Champion intends to expand its operation with a new 140,000-square-
foot facility near the Waterloo Regional Airport; and
WHEREAS, construction of the extension to Lake Street is imperative to handle the truck traffic
associated with the planned new facility; and
WHEREAS, failure to provide adequate access to the development would impact CPM Roskamp
Champion's expansion 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 Immediate Opportunity Program as administered by the Iowa
Department of Transportation (Iowa DOT); and
WHEREAS, the RISE application 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 1,025 feet of improvements to Lake
Street is hereby approved and endorsed by the City Council of Waterloo, Iowa as
necessary to assist in the expansion of ten jobs and increased truck traffic related to
CPM Roskamp Champion's new 140,000-square-foot facility.
(2) The roadway improvements 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 have been committed
to the RISE project.
Resolution No. 2021-234
Page 2
(5)
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 19th day of April, 2021.
Quentin Hart, Mayor
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LeAnn Even
Deputy City Clerk