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HomeMy WebLinkAbout2025-121-03.03.2025Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-121 A RESOLUTION APPROVING THE AWARD OF HOTEL/MOTEL TAX COUNCIL DISCRETIONARY FUNDS TO THE WATERLOO URBAN FARMERS MARKET IN THE AMOUNT OF $15,000.00. WHEREAS, the City of Waterloo collects hotel/motel taxes to support projects and initiatives that enhance the local community and economy; and WHEREAS, the City Council has discretionary authority over the allocation of these funds to support events and activities that promote tourism and local economic development; and WHEREAS, the Waterloo Urban Farmers Market provides a valuable community service by supporting local agriculture and small businesses, and attracting visitors to the downtown area, contributing to the local economy; and WHEREAS, the Waterloo Urban Farmers Market has submitted a request for funding to the City Council to aid in the continuation and enhancement of its services; and WHEREAS, the City Council has reviewed the request and determined that supporting the Farmers Market aligns with the goals of economic and community development; and WHEREAS, the allocation of discretionary funds to the Farmers Market is deemed to be in the best interest of the City and its citizens; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as follows: 1. That the Waterloo Urban Farmers Market is hereby awarded hotel/motel tax council discretionary funds in the amount of $15,000.00. 2. That the allocation of these funds supports the Market's efforts to enhance community engagement, support local businesses, and boost tourism in Waterloo. 3. This resolution shall become effective immediately upon its approval and adoption by the City Council. PASSED AND ADOPTED this 3rd day of March 2025. ATTEST: l -1 / r/ 9-tar DIGRALLv pL / G �1 / SIGNED Quentin Hart, Mayor Kelley Felcfile Kelley Felchle, City Clerk SEAL 0 G •