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HomeMy WebLinkAbout2024-591-10.07.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-591 RESOLUTION ACCEPTING AN IOWA DOT COMMERCIAL SERVICE VERTICAL INFRASTRUCTURE GRANT, IN THE AMOUNT OF $124,902.00, FOR HANGAR IMPROVEMENTS AND TERMINAL INTERIOR UPGRADES, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, the Iowa Department of Transportation (Iowa DOT) has awarded a Commercial Service Vertical Infrastructure grant to the City of Waterloo, in the amount of $124,902.00, designated for hangar improvements and terminal interior upgrades at the Waterloo Regional Airport; and WHEREAS, upgrading hangar facilities and terminal interiors is critical for enhancing operational efficiency, improving service quality, and attracting more airlines and passengers to the Waterloo Regional Airport. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as follows: 1. The Iowa DOT Commercial Service Vertical Infrastructure grant, in the amount of $124,902.00, is hereby accepted for the specified airport infrastructure improvements. 2. The Mayor and City Clerk are hereby authorized and directed to execute all necessary documents and agreements pertaining to the grant award. 3. This resolution shall take effect upon its passage and approval. PASSED AND ADOPTED this 7th day of October 2024. ATTEST: l(elley Felchle Kelley Felchle, City Clerk SEAL 0 IiIJI JIIP111111111.1 1Vi Quentin Hart, Mayor