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HomeMy WebLinkAbout2010-1127-12/20/2010RESOLUTION NO. 2010-1127 RESOLUTION AUTHORIZING AND APPROVING SUBMISSION OF AN APPLICATION TO THE STATE OF IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT FOR THE FY 2011 BROWNFIELD REDEVELOPMENT PROGRAM IN THE AMOUNT OF $75,000.00 WHEREAS, the City of Waterloo is interested in the economic redevelopment of the former Francis Grout School, and WHEREAS, the State of Iowa has provided initiatives for the acquisition and sustainable reuse of Brownfields, and WHEREAS, the Francis Grout School site is a brownfield as defined by Iowa Administrative Code Section 261.65.2, and WHEREAS, the City of Waterloo is an entity eligible to receive and has the ability to manage said funds, and has the authority to carry out the work included in the application, and WHEREAS, the City intends to use the award for the removal of environmental hazards located on the property, and WHEREAS, the City of Waterloo, therefore, desires to apply for the FY 2011 Iowa Brownfield Redevelopment Program award and commits $305,000.00 as match for a total project cost of $380,000.00. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the State of Iowa Application for a Brownfield Redevelopment Program in the amount of $75,000.00 as referred in the preamble hereof, be and the same is hereby approved as to form and content. BE IT FURTHER RESOLVED that the Mayor and City Clerk are authorized to sign all documents and forms for said application and that city staff is hereby authorized and directed to submit such application to the State of Iowa for and on behalf of the City of Waterloo. PASSED AND ADOPTED this 20th da of December, 2010. est G. Clark, Mayor ATTEST: c L, Suz chares, CMC City Clerk