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HomeMy WebLinkAbout2022-584-09.19.2022Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2022-584 RESOLUTION APPROVING A DEPARTMENT OF COMMERCE NTIA MIDDLE MILE GRANT APPLICATION, IN AN AMOUNT NOT TO EXCEED $15,000,000.00 WITH CITY MATCH, IN CONJUNCTION WITH THE CITYWIDE BROADBAND INITIATIVE, AND AUTHORIZING THE MAYOR TO EXECUTE SAID DOCUMENT. WHEREAS, the Finance Department has requested permission to submit an application for an Department of Commerce NTIA Middle Mile Grant, in the amount of $15,000,000.00, in conjunction with the citywide broadband initiative, and WHEREAS, The City of Waterloo will provide a local match of 50.156% for the project. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the submission of the application for a Department of Commerce NTIA Middle Mile Grant, in the amount of $15,000,000.00, with matching City funds of 50.156%, in conjunction with the citywide broadband initiative, is hereby approved. PASSED AND ADOPTED this 19th day of September 2022. ATTEST: Kelley Felchle, City Clerk SEAL o • 0414 lllillllll�m ...��= 11/00 Quentin Hart, Mayor