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HomeMy WebLinkAbout2025-515-09.15.2025.docDocusign Envelope ID: C1CFA8F3-1663-4E34-9B16-632924233F47 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-515 RESOLUTION APPROVING HOTEL/MOTEL GRANT AWARD IN THE AMOUNT OF $3,000.00 TO MAIN STREET WATERLOO FOR FUNDING FOR THE MAIN STREET IOWA FALL MEETING AND $15,000.00 TO EXPERIENCE WATERLOO FOR EVENT BARRIERS. WHEREAS, the City of Waterloo collects hotel/motel tax revenues which are allocated, in part, for discretionary distribution by the City Council for the promotion of tourism and related community activities; and WHEREAS, Main Street Waterloo has applied for a grant to fund the Main Street Iowa Fall Meeting, which will benefit the local business community by fostering further development and collaboration; and WHEREAS, Experience Waterloo has applied for funding to acquire event barriers essential for maintaining safety and facilitating a range of community events that increase visitor traffic and improve local tourism; and WHEREAS, the Hotel/Motel Grant Review Committee has reviewed and recommended grant awards for the purposes described in the total amount of $18,000.00; and WHEREAS, the allocation of these funds has been reviewed and recommended for approval. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The City Council hereby approves the awarding of a Hotel/Motel Grant in the amount of $3,000.00 to Main Street Waterloo and $15,000.00 to Experience Waterloo. 2. The Finance Department of the City of Waterloo is hereby authorized and directed to process the payment of the grant awards in accordance with city accounting policies. PASSED AND ADOPTED this 15th day of September 2025. Signed by: i9nea by: ATTEST: igned by: &Ile." I �[4kK FGOBCOFFBC64AD.,. Kelley Felchle, City Clerk SEAL 4k k 0 Areffie Ara } 1'1111 411P11i1111IL 1 • Fu'SS 77 51 EDB4C5041 F... Ray Feuss, Mayor Pro Tem