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HomeMy WebLinkAbout2026-158-04.06.2026.docDocusign Envelope ID: DF81F433-1758-467D-A9D1-6EF66C296DDB Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-158 RESOLUTION RETURNING TRAFFIC SAFETY IMPROVEMENT PROGRAM GRANT, IN THE AMOUNT OF $500,000.00, FOR HAMMOND AVENUE AND SHAULIS ROAD ROUNDABOUT. WHEREAS, the City of Waterloo, Iowa, was awarded a Traffic Safety Improvement Program (TSIP) grant in the amount of $500,000.00 for the Hammond Avenue and Shaulis Road roundabout project; and WHEREAS, the City has held said grant for three years, including a one-year extension, and the project must be let before the end of Fiscal Year 2026 in order to meet the grant deadline; and WHEREAS, approximately $120,000.00 has already been expended for design of the project; and WHEREAS, the project requires approximately $800,000.00 in City funding, which was not included in the Fiscal Year 2027 budget; and WHEREAS, the City Council has determined that it is in the best interest of the City to return said grant. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The Traffic Safety Improvement Program grant, in the amount of $500,000.00, for the Hammond Avenue and Shaulis Road roundabout project, is hereby returned. 2. City staff are hereby authorized and directed to take such actions as may be necessary to effectuate the return of said grant and to provide any required notice or documentation to the appropriate agency. PASSED AND ADOPTED this 6th day of April 2026. ATTEST: Signed by: fttcat FF-6trBtfi7FFBC64AB... Kelley Felchle, City Clerk SEAL "—Signed by: f jbt,St,l4, —3 9iBsD3421.. David oesen, Mayor