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HomeMy WebLinkAbout2024-669-11.18.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-669 A RESOLUTION APPROVING THE ANNUAL FINANCIAL REPORT FOR CITY STREETS, FOR THE FISCAL YEAR ENDED JUNE 30, 2024, AND AUTHORIZING TRANSMITTAL TO THE IOWA DEPARTMENT OF TRANSPORTATION. WHEREAS, the City of Waterloo, Iowa, has prepared the Annual Financial Report for city streets, detailing the revenues and expenditures related to street construction, maintenance, and repair for the fiscal year ended June 30, 2024; and WHEREAS, the City Council has reviewed and considered said report and finds it accurately reflects the financial transactions related to the city streets; and WHEREAS, it is a requirement by the Iowa Department of Transportation (IDOT) to submit an annual report detailing such financial activities to ensure compliance with state regulations and to secure continued funding assistance. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as follows: 1. The Annual Financial Report for city streets for the fiscal year ended June 30, 2024, is hereby approved. 2. The City Clerk and Finance Director are authorized and directed to submit the approved report to the Iowa Department of Transportation, in accordance with the IDOT's submission guidelines and deadlines. 3. This resolution shall take effect upon its passage and approval. PASSED AND ADOPTED this 18th day of November 2024. ATTEST: Quentin Hart, Mayor Kelley Felchle Kelley Felchle, City Clerk SEAL 0