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HomeMy WebLinkAbout2026-538-10.05.2026.docDocusign Envelope ID: DA28AFD6-2E03-8546-80FA-946F94BA703A Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-538 RESOLUTION ACCEPTING AN AIR SERVICE DEVELOPMENT GRANT WITH IOWA DEPARTMENT OF TRANSPORTATION, IN THE AMOUNT OF $48,000.00, FUNDED AT EIGHTY PERCENT, IN CONJUNCTION WITH THE FY-2027 AIR SERVICE DEVELOPMENT PROGRAM AND AUTHORIZING THE MAYOR AND THE DIRECTOR OF AVIATION TO EXECUTE SAID DOCUMENT. WHEREAS the Iowa Department of Transportation has awarded the City of Waterloo, Iowa, an Air Service Development Grant in the amount of $48,000.00; and WHEREAS, the grant is funded eighty percent and will be used in connection with the FY 2027 CSVI Terminal Building Remodel Project; and WHEREAS, the City Council finds that acceptance of the grant is in the best interests of the City of Waterloo. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, 1. The Air Service Development Grant with the Iowa Department of Transportation, in the amount of $48,000.00, funded at eighty percent, in connection with the FY 2027 Air Service Development Program, is hereby accepted. 2. The Mayor and Director of Aviation are authorized and directed to execute the grant agreement and all related documents necessary to accept and administer the grant on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 5th day of October 2026. r—Signed by: I NGSGIA, David 3oesen,ZMayor ATTEST: "—Signed by: Wit./ Fddit I �tey retcri` e,Auity Clerk SEAL