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HomeMy WebLinkAbout2025-073-02.03.2025Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-073 A RESOLUTION APPROVING THE AWARD OF HOTEL/MOTEL TAX COUNCIL DISCRETIONARY FUNDS TO MAIN STREET WATERLOO IN THE AMOUNT OF $15,000.00 FOR DOWNTOWN BEAUTIFICATION. WHEREAS, the City of Waterloo collects funds from the Hotel/Motel Tax, which includes a discretionary fund allocated by the City Council to support community initiatives and projects; and WHEREAS, Main Street Waterloo has submitted a proposal for the utilization of discretionary funds towards downtown beautification efforts, aimed at enhancing the aesthetic appeal and vibrancy of Waterloo's downtown area; and WHEREAS, the City Council recognizes the positive impact of downtown beautification on community development, tourism, and economic enhancement; and WHEREAS, it is deemed appropriate to allocate a portion of the Hotel/Motel Tax Council Discretionary Funds to support the endeavors proposed by Main Street Waterloo; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as follows: 1. The City Council hereby approves awarding an amount of Fifteen Thousand Dollars ($15,000.00) from the Hotel/Motel Tax Council Discretionary Fund to Main Street Waterloo for the purposes of downtown beautification. 2. The funds shall be utilized by Main Street Waterloo solely for the intended downtown beautification projects, ensuring alignment with the objectives set forth in their proposal. PASSED AND ADOPTED this 2nd day of February 2025. ATTEST: Kelley Felchle Kelley Felchle, City Clerk SEAL i111 IhPi�riu 0 Quentin Hart, Mayor