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HomeMy WebLinkAbout2024-093-02.19.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-093 RESOLUTION APPROVING A COMMUNITY ATTRACTION AND TOURISM GRANT AGREEMENT NO. 23-CAT-006, IN THE AMOUNT OF $1,000,000.00, AND AUTHORIZING REQUIRED GAP FUNDING TO COMPLETE THE TRANSFORMING GATES AND BYRNES PARKS PROJECT. WHEREAS On March 2, 2023, the Enhance Iowa Board voted unanimously to award $1,000,000.00 to the City of Waterloo for the Transforming Gates and Byrnes Parks Project. WHEREAS the Community Attraction and Tourism Grant Agreement No. 23-CAT-006, in the amount of $1,000,000.00 for the Transforming Gates and Byrnes Parks Project was approved by Council April 3, 2023, by Resolution No. 2023-215, and WHEREAS funding for the $19.8 million project has been identified through private grants, state and county funds, individual donations, GO Bonds, TIF funds, Storm Water and Sanitation funds, and WHEREAS disbursement of said CAT grant funds is necessary for this project. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Community Attraction and Tourism Grant Agreement and required GAP funding, for the Transforming Gates and Byrnes Parks Project is hereby approved to commence disbursement of funds. PASSED AND ADOPTED this 19th day of February 2023. ATTEST: 7(elley Felchle Kelley Felchle, City Clerk SEAL W A T 0 Ray Feuss, Mayor Pro Tem