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HomeMy WebLinkAbout2024-590-10.07.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-590 RESOLUTION ACCEPTING AN IOWA DOT AIR SERVICE DEVELOPMENT GRANT, IN THE AMOUNT OF $48,000.00, WITH A TWENTY -PERCENT MATCH, FOR PROMOTING PASSENGER AIR SERVICE FROM THE WATERLOO REGIONAL AIRPORT THROUGH STRATEGIC ADVERTISING, AND AUTHORIZING THE MAYOR AND AIRPORT DIRECTOR TO EXECUTE SAID DOCUMENT. WHEREAS, the Iowa Department of Transportation (Iowa DOT) has awarded a grant to the City of Waterloo, in the amount of $48,000.00, for the purpose of promoting passenger air service at the Waterloo Regional Airport through strategic advertising campaigns; and WHEREAS, the grant requires a twenty -percent (20%) match from the City, amounting to $12,000.00, to be funded from available budgetary allocations of the Waterloo Regional Airport; and WHEREAS, increasing passenger air service is vital for economic development and community connectivity within Waterloo and the surrounding region. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as follows: 1. The Iowa DOT Air Service Development grant, in the amount of $48,000.00, is hereby accepted for the purpose of enhancing passenger air service through targeted advertising efforts. 2. The City will provide the required twenty -percent (20%) match of $12,000.00, ensuring compliance with grant requirements. 3. The Airport Director, in collaboration with city staff, is authorized to undertake all actions necessary to implement advertising strategies funded by the grant. 4. The Mayor and Airport Director are hereby authorized and directed to execute all necessary documents and agreements pertaining to the grant award. 5. This resolution shall take effect upon its passage and approval. PASSED AND ADOPTED this 7th day of October 2024. atertart Quentin Hart, Mayor ATTEST: Kelley Felchle Kelley Felchle, City Clerk SEAL