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HomeMy WebLinkAbout2026-422-08.03.2026.docDocusign Envelope ID: B5D0EEFF-A50D-8372-8193-585B17102E38 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-422 RESOLUTION APPROVING EXPERIENCE WATERLOO BOARD RECOMMENDATION FOR FUNDING FY2027 QUARTERS 1 AND 2 HOTEL -MOTEL TAX GRANT. WHEREAS, the City of Waterloo collects hotel -motel tax revenues in accordance with Iowa law; and WHEREAS, the City has established a Hotel -Motel Tax Grant Program to support activities, events, and initiatives that promote tourism and economic activity within the City of Waterloo; and WHEREAS, the Experience Waterloo Board has reviewed applications for Fiscal Year 2027, Quarters 1 and 2 Hotel -Motel Tax Grant funding and has submitted its funding recommendations to the City Council; and WHEREAS, the City Council has reviewed the Experience Waterloo Board's recommendations of 5 Partner Grant applications for Fiscal Year 2027 QI/Q2, and has recommended funding all 5 applications, resulting in a total recommended funding amount of $90,000.00, and finds that approving the recommended allocations serves the public purpose of promoting tourism and visitor -related activities in the City of Waterloo as follows: Partner Grants - Grout Museum District $25,000.00 Waterloo Center for the Arts $25,000.00 Mainstreet $25,000.00 Cedar Valley Arboretyum & Botanic Gardens $10,000.00 Dan Gable Museum $5,000.00 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. Experience Waterloo Board recommendations for Fiscal Year 2027, Quarters 1 and 2 Hotel -Motel Tax Grant funding, as set forth above, are hereby approved. PASSED AND ADOPTED this 3rd day of August 2026. Signed by: 150t-SUA �3Y' Y(B3D3n21 . Davin oesen, Mayor ATTEST: ,.—Signed by: LeAnri`M. even, Deputy City Clerk SEAL