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HomeMy WebLinkAbout2025-413-07.21.2025.docDocusign Envelope ID: 185AAEE1-57EE-495E-BBB0-208B2CAFC050 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-413 RESOLUTION TO ACCEPT THE COMMUNITY DEVELOPMENT BLOCK GRANT AWARD WITH THE IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT, CONTRACT NO. 20-CVE 016 IN AN AMOUNT NOT TO EXCEED $126,500.00 AND AUTHORIZING THE MAYOR TO EXECUTE SAID DOCUMENT. WHEREAS, the City of Waterloo has been awarded a Community Development Block Grant (CDBG) by the Iowa Department of Economic Development under Contract No. 20-CVE 016; and WHEREAS, the grant funds, in an amount not to exceed $126,500.00, will facilitate projects aimed at community development and economic enhancement within the City; and WHEREAS, accepting this grant is crucial for continuing the City's efforts to improve the quality of life and economic conditions for its residents. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, 1. That the Community Development Block Grant award from the Iowa Department of Economic Development, under Contract No. 20-CVE 016, in an amount not to exceed $126,500.00, is hereby accepted. 2. That the Mayor is authorized and directed to execute said documents on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 21st day of July 2025. ATTEST: Signed by: Ktitcy Fdeidt KeI1e334elc ire; City Clerk SEAL Signed by: Futss ‘.-77F51 EDB4C5641 F... Ray Feuss, Mayor Pro Tem