HomeMy WebLinkAbout2016-596-7/25/2016 Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, 319-291-4323.
RESOLUTION NO. 2016-596
RESOLUTION APPROVING THE MAIN STREET IOWA PROGRAM
AGREEMENT, AGREEMENT # PS2016-G300-49 BETWEEN THE
IOWA ECONOMIC DEVELOPMENT AUTHORITY, THE CITY OF
WATERLOO AND CEDAR SKYLINE CORPORATION / DBA MAIN
STREET WATERLOO FOR THE PURPOSE OF CONTINUING THE
MAIN STREET PROGRAM IN WATERLOO FOR A PERIOD OF TWO
YEARS ENDING JUNE 30, 2018, AND RESOLUTION OF SUPPORT
OF THE MAIN STREET WATERLOO PROGRAM, COMMITMENT
TO PROVIDE FUNDING TO THE MAIN STREET WATERLOO
PROGRAM WITH FUNDING SOURCES TO INCLUDE DOWNTOWN
TIF AND BOND FUNDS AND/OR SSMID PROCEEDS, AND
COMMITMENT TO APPOINT A CITY OFFICIAL TO REPRESENT
THE CITY ON THE LOCAL MAIN STREET GOVERNING BOARD
OF DIRECTORS, AND THAT THE LOCAL MAIN STREET
PROGRAM WILL CONTINUE TO FOLLOW THE MAIN STREET
APPROACH AS DEVELOPED BY THE NATIONAL MAIN STREET
CENTER, INC. AND ESPOUSED BY MAIN STREET IOWA.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Main Street Iowa Program Agreement, Agreement # PS2016-G300-49 dated July 25,
2016, between the Iowa Economic Development Authority, the City of Waterloo and Cedar
Skyline Corporation / DBA Main Street Waterloo, for the purpose of continuing the Main Street
Program in Waterloo for a period of two years ending June 30, 2018, is hereby approved.
BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WATERLOO, IOWA, that by this Resolution, the City Council hereby supports the Main Street
Waterloo Program, commits to provide funding to the Main Street Waterloo Program with
funding sources to include Downtown TIF and bond funds and/or SSMID proceeds, and commits
to appoint a city official to represent the City on the Local Main Street governing board of
directors, and that the Local Main Street Program will continue to follow the Main Street
Approach as developed by the National Main Street Center, Inc. and espoused by Main Street
Iowa.
PASSED AND ADOPTED this 25th day of July, 2016.
Quentin Hart, Mayor
ATTEST:
Suzy Schares CMC
City Clerk