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HomeMy WebLinkAbout2005-907-10.03.2005 s J �( J v S L`\ S ` TY .s4esolution prepared by Nancy Eckert, City Clerk, 715 Mulberry 11 --tre-et, Waterloo, Iowa . v v ¢ _ J - - RESOLUTION NO. 2005-907 s RESOLUTION ENDORSING THE USE OF GENERAL s OBLIGATION BONDS FOR CONSTRUCTION OF A TRAIL s a HEAD TO SERVE THE RECREATIONAL TRAIL ALONG J• v ^ MARTIN LUTHER KING DRIVE AT THE INTERSECTION OF IDAHO STREET IN WATERLOO, IOWA. c tr J WHEREAS, the Black Hawk Metropolitan Area has been Ieyeloping a network of multi-use, non-motorized trails for oeveral years; and - - WHEREAS, development of a trail head to serve the reeational trail along Martin Luther King Drive at the 1r4ersection of Idaho Street is an important component of this sr^a l network; and WHEREAS, federal funding assistance in the amount of $5-e 00 . 00 is available through the Iowa Northland Regional QNncil of Governments, with city match of $31, 080. 00, for a estimated project cost of $81, 080 . 00, and the City of Waterloo is in need of such assistance in order to fully develop t -ii- trail head; and o WHEREAS, the City of Waterloo certifies that this trail head within its jurisdiction and will remain dedicated to public use and further that the City of Waterloo will have jurisdictional responsibility and will adequately maintain the trail head for a minimum of 20 years. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the City of Waterloo endorses said project, and that with assistance of federal funds through Iowa Northland Regional Council of Governments, with city match of $31, 080 . 00, for a total estimated project cost of $81, 080 . 00, the development of the trail head will be completed, and that the trail head will remain dedicated to public use and adequately maintained. PASSED AND ADOPTED this 3rd day of October, 2005 . Tim Hurley, Ma or ATTEST: Nancy Ecker ,,,, MC City Clerk