HomeMy WebLinkAbout2024-636-10.21.2024Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2024-636
A RESOLUTION APPROVING A FEDERAL -AID
AGREEMENT, WITH THE FEDERAL HIGHWAY
ADMINISTRATION, IN THE AMOUNT OF $750,000.00, IN
CONJUNCTION WITH THE RAILYARD RELOCATION
STUDY FOR THE RAILYARD LOCATED AT 1006 E. 4TH
STREET AND AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE SAID DOCUMENT.
WHEREAS, the City of Waterloo recognizes the strategic importance of conducting a
Railyard Relocation Study for the railyard located at 1006 E. 4th Street to improve urban
planning, reduce congestion, and enhance the city's infrastructure; and
WHEREAS, the Federal Highway Administration has agreed to provide federal
assistance in the amount of $750,000.00 under the Federal -aid Agreement, contributing
significantly to the funding requirements of this study; and
WHEREAS, entering into this Federal -aid Agreement will facilitate the availability of
funds necessary for the preliminary study activities, including analysis of relocation logistics,
feasibility assessments, and environmental impact evaluations; and
WHEREAS, the City Council has determined that it is in the public interest to enter into
this agreement to ensure the effective commencement and execution of the Railyard Relocation
Study.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as
follows:
1. That the Federal -aid Agreement in the amount of $750,000.00 with the Federal
Highway Administration is hereby approved for the Railyard Relocation Study concerning the
railyard at 1006 E. 4th Street.
2. That the Mayor and City Clerk are hereby authorized and directed to execute said
Agreement on behalf of the City of Waterloo.
3. This resolution shall take effect upon its passage and approval.
PASSED AND ADOPTED this 21' day of October 2024.
ATTEST:
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LeAnn M. Even, Deputy City Clerk
SEAL
IN
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Quentin Hart, Mayor
DIGITALLY
SIGNED