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HomeMy WebLinkAbout2022-02-22-Resolution 2022-072_Grant Application, SRF, Little Walnut Creek Streambank RestorationTHE CITY OF WAUKEE, IOWA RESOLUTION 2022-072 APPROVING THE COMPLETION AND SUBMISSION OF AN APPLICATION TO THE IOWA DEPARTMENT OF NATURAL RESOURCES (IDNR) FOR AN IOWA STATE REVOLVING FUND (SRF) WATER RESOURCE SPONSORED PROJECT [LITTLE WALNUT CREEK STREAMBANK RESTORATION PROJECT] IN THE NAME AND BY THE A UTHORITY OF THE CITY OF WA UKEE, IOWA WHEREAS, the City of Waukee, Dallas County, State of Iowa, is a duly organized Municipal Organization; AND, WHEREAS, this program will be implemented through the Clean Water State Revolving Fund (CWSRF), a loan program for construction of water quality facilities and practices. On a typical CWSRF loan, the utility borrows principal and repays principal plus interest and fees. On a CWSRF loan with a sponsored project, a portion of the interest due on the loan is used to fund the work of the sponsored project, so the utility's ratepayers do not pay any more than they would have for just the wastewater improvements. Instead, two water quality projects are completed for the cost of one; AND, WHEREAS, the City wishes to apply for the resource restoration sponsored project funding to complete the Little Walnut Creek Streambank Restoration Project; AND, WHEREAS, the filing of an Iowa SRF Water Resource Restoration Sponsored Project application is in the best interest of the citizens of the City of Waukee, Iowa. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee that the Completion and Submission of an Application to the Iowa DNR for an Iowa SRF Water Resource Sponsored Project [Little Walnut Creek Streambank Restoration Project] is hereby approved. Passed by the City Council of the City of Waukee, Iowa, and approved the 22"d day of February 2022. Courtney narke, Mayor Attest: U'F'1 Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AVE NAY ABSENT ABSTAIN Anna Bergman Pierce X R. Charles Bottenberg X Chris Crone X Larry R. Lyon X Ben Sinclair X