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HomeMy WebLinkAbout2013-1057-12/16/2013RESOLUTION NO. Z—G r3 - /c,!!5 7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA APPROVING A RISE APPLICATION; DESIGNATING THE MAYOR AS THE OFFICIAL REPRESENTATIVE OF THE CITY, AUTHORIZING THE MAYOR TO AFFIX HIS SIGNATURE TO SAID APPLICATION AND PROVIDING FINANCIAL ASSURANCES IN CONJUNCTION WITH SAME, AND ACCEPTING RESPONSIBILITY FOR GERALDINE ROAD WHEREAS, the City of Waterloo wishes to expand the industrial area located adjacent to Airline Highway and south of the Waterloo Regional Airport; and WHEREAS, the existing South Port development is near capacity and the extension of Geraldine Road will provide access to eight additional lots; and WHEREAS, the involved land is within the corporate limits of Waterloo; and, WHEREAS, it is in the best interest of the City of Waterloo to avail itself of financial assistance through the Revitalize Iowa's Sound Economy (RISE) Program as administered by the Iowa Department of Transportation (Iowa DOT); NOW THEREFORE, BE IT RESOLVED by the City Council of Waterloo, Iowa, as follows: (1) The RISE application for the extension of Geraldine Road is hereby approved and endorsed by the City Council of Waterloo, Iowa as necessary to meet the future needs of the community. (2) The roadway provided for in this application will be dedicated to public use and adequately maintained by the City of Waterloo. (3) The City assures the Iowa DOT that funds for local match of 50 percent of the local eligible share have been committed to the RISE project. (4) The Mayor is hereby designated as the official representative of the City and is further hereby directed and authorized to affix his signature to said application and certain State assurances in conjunction with same. Passed and adopted this ��(%~ day of December, 2013. rnest G. Clark, Mayor ATTEST: it Suzy Schares,jty Clerk RESOLUTION NO.-l�r��'? A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA APPROVING A RISE APPLICATION; DESIGNATING THE MAYOR AS THE OFFICIAL REPRESENTATIVE OF THE CITY, AUTHORIZING THE MAYOR TO AFFIX HIS SIGNATURE TO SAID APPLICATION AND PROVIDING FINANCIAL ASSURANCES IN CONJUNCTION WITH SAME, AND ACCEPTING RESPONSIBILITY FOR ROADWAYS ASSOCIATED WITH THE NORTHEAST INDUSTRIAL PARK WHEREAS, the City of Waterloo wishes to expand the industrial area located between Newell St. and Martin Luther King Jr. Drive west of Northeast Drive; and WHEREAS, the existing industrial area is near capacity and the construction of a new roadway will provide access to nine additional lots; and WHEREAS, the involved land is within the corporate limits of Waterloo; and, WHEREAS, it is in the best interest of the City of Waterloo to avail itself of financial assistance through the Revitalize Iowa's Sound Economy (RISE) Program as administered by the Iowa Department of Transportation (Iowa DOT); NOW THEREFORE, BE IT RESOLVED by the City Council of Waterloo, Iowa, as follows: (1) The RISE application for the construction of a new roadway connecting Newell Street and Martin Luther King Jr. Drive west of Northeast Drive in the Northeast Industrial Park area is hereby approved and endorsed by the City Council of Waterloo, Iowa as necessary to meet the future needs of the community. (2) The roadway provided for in this application will be dedicated to public use and adequately maintained by the City of Waterloo. (3) The City assures the Iowa DOT that funds for local match of 50 percent of the local eligible share have been committed to the RISE project. (4) The Mayor is hereby designated as the official representative of the City and is further hereby directed and authorized to affix his signature to said application and certain State assurances in conjunction with same. -fit- Passed and adopted this day of December, 2013. Ernest G. Clark, Mayor ATTEST: uzy Schar s, City Clerk