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HomeMy WebLinkAbout2023-01-16 I01D_01 Community Catalyst Grant Pre-ApplicationAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: January 16, 2023 AGENDA ITEM:Consideration of approval of a resolution approving IEDA Community Catalyst Building Remediation Program grant pre-application FORMAT:Resolution SYNOPSIS INCLUDING PRO & CON: Staff has been working with Husk Homes on the redevelopment of the former Pin Oak building (405 6th St.) in the Downtown Triangle District. This project would fulfill a number of goals identified in the recent Downtown Assessment including, redeveloping a vacant building, securing a restaurant user, increasing downtown walkability and acting as a catalyst for future projects. IEDA’s Community Catalyst Building Remediation Program was identified as a potential source of funds for the rehabilitation of the former Pin Oak building. The City is eligible to pursue the maximum $100,000 grant with financial contribution from the City in partnership with the building owner/developer. The application process is as follows; Pre-applications must be submitted by January 27, 2023 Full Applications are by invitation ONLY Application Deadline: April 14, 2023 Announcement: June 2023 A successful pre-application will bring the City one step closer securing a grant. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: Staff recommends approval of the resolution approving the IEDA Community Catalyst Building Remediation Program grant pre-application. RECOMMENDATION: Approval of Resolution ATTACHMENTS: I. Proposed Resolution PREPARED BY:Jennifer Brown, Director of Economic Development REVIEWED BY: I1D1 THE CITY OF WAUKEE, IOWA RESOLUTION 2023- AUTHORIZING THE SUBMITTAL OF A GRANT PRE-APPLICATION TO THE IOWA ECONOMIC DEVELOPMENT AUTHORITY (IEDA) COMMUNITY CATALYST BUILDING REMEDIATION PROGRAM IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA WHEREAS, the City of Waukee, Dallas County, State of Iowa, is a duly organized Municipal Organization; AND, WHEREAS, the City Council and the City of Waukee have established the expanded development of community and leisure opportunities as a Council goal; AND, WHEREAS, the City Council and the City of Waukee recognize downtown revitalization as an economic development priority; AND, WHEREAS, the City of Waukee has identified the Iowa Economic Development Authority (IEDA) as a potential funding source for the redevelopment, rehabilitation or deconstruction of buildings to stimulate economic growth or reinvestment in the community; AND, WHEREAS, the City of Waukee has available funds to fulfill its share of obligation related to this grant pre-application should the grant funds be awarded. NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council that it hereby authorizes the submittal of a grant pre-application to the Iowa Economic Development Authority (IEDA) Community Catalyst Grant Program on behalf of the City of Waukee. Passed by the City Council of the City of Waukee, Iowa, and approved the 16th day of January, 2023. ____________________________ Courtney Clarke, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN Anna Bergman Pierce R. Charles Bottenberg Chris Crone Larry R. Lyon Ben Sinclair