Loading...
HomeMy WebLinkAbout2025-403-07.07.2025.docDocusign Envelope ID: C428A5A3-FA27-4082-BF54-F21CC8397570 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-403 RESOLUTION GRANTING THE UNITED STATES DEPARTMENT OF COMMERCE (DOC), ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) CERTAIN FINANCIAL ASSURANCES IN CONJUNCTION WITH A DISASTER RECOVERY GRANT APPLICATION. WHEREAS the City has applied for a disaster recovery grant from the United States Department of Commerce, Economic Development Administration (EDA), to assist with recovery and rebuilding efforts; and WHEREAS, the application process for such a grant necessitates the granting of financial assurances to the EDA to affirm the City of Waterloo's commitment to utilizing the funds responsibly and meeting the stipulated grant conditions; and WHEREAS, assurance of financial responsibility and accountability is essential to secure funding that will aid in the city's recovery efforts and long-term resilience planning NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The City of Waterloo hereby grants the necessary financial assurances to the United States Department of Commerce, Economic Development Administration, as required under the disaster recovery grant application process. 2. The City of Waterloo affirms its commitment to following all conditions and guidelines set forth by the EDA, ensuring proper management and use of awarded grant funds. 3. The Mayor and City Clerk are authorized and directed to execute said documents on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 7th day of July 2025. cDocuSigned by: u/41v, UUb U7 G84 Quentm art, .. ayor ATTEST: ,-DocuSigned by: Ke141 y`el'cMiMe City Clerk SEAL 0". Eft 0 lof ti