The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #2020-83
Approving Grant Agreement between the City of Monticello and the Iowa Economic Development Authority, Iowa Center for Rural Revitalization, Rural Innovation Grant Agreement.
WHEREAS, The City Council has agreed to accept the donation of the property located at 101 E. 1st Street, Monticello, Iowa from Ron, Dave, Bob, and Dean Welter, current owners of the property, and
WHEREAS, The City Council’s acceptance of this generous gift was based upon the plan to transfer ownership of the building to the Creative Adventure Lab, Inc., of Dubuque who intends to renovate the building to house both the previously Council supported Innovation Lab and the first branch of the Dubuque Creative Adventure Lab, and
WHEREAS, Prior to the transfer of the property City staff proposed to seek grants that would help cover costs of renovation, as most renovation costs will be covered by a fundraising and grant writing campaign, and
WHEREAS, City staff, County Economic Development Director Derek Lumsden, and Jordan Degree, Creative Adventure Lab, worked together on the Rural Innovation Grant available through the Iowa Economic Development Authority, requesting the maximum of $20,000, with a $10,000 match being required, the grant proceeds proposed to be used for façade, windows, and entryway improvements, and
WHEREAS, The Council previously approved submission of the grant and found that the grant funds would be of benefit to the City and the Innovation Lab / Creative Adventure Lab as set forth within Resolution 2020-64, and
WHEREAS, The Application was submitted and was awarded the grant requested in the amount of $20,000, a Grant Agreement having been received and hereby proposed for approval, and
WHEREAS, The Council reaffirms its support for the grant and project in general and finds that the City Administrator should be authorized to execute the Grant Agreement on behalf of the City Council.
NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve the Grant Agreement between the City of Monticello and the Iowa Economic Development Authority, Iowa Center for Rural Revitalization, Rural Innovation Grant Agreement, and authorizes the City Administrator to execute the agreement on behalf of the City.
IN THE TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal for the City of Monticello, Iowa to be affixed. Done this 20th day of July, 2020.
Brian Wolken, Mayor
Attest:
Sally Hinrichsen, City Clerk