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HomeMy WebLinkAbout~Master - Approving the Infrastructure Funding Agreement from the Iowa Finance Authority for the 2019/20 Storm Water ERosioin Control Project (Ioway Creek Brookside Park) in the amount of $500,000 RESOLUTION NO. 22-170 RESOLUTION APPROVING THE WATER INFRASTRUCTURE FUNDING AGREEMENT FROM THE IOWA FINANCE AUTHORITY FOR THE 2019/20 STORM WATER EROSION CONTROL PROJECT (IOWAY CREEK BROOKSIDE PROJECT) IN THE AMOUNT OF $500,000 FOR THE CITY OF AMES,IOWA WHEREAS, the City has been awarded two grants for the 2019/20 Storm Water Erosion Control Program(Ioway Creek Brookside) Improvements Project; and, WHEREAS, the City plans to incorporate stormwater quality best management practices (oxbow construction and native landscaping) to capture and treat runoff draining to Ioway Creek, staying committed to improving and protecting water quality; and, WHEREAS these practices are within a larger project of streambank stabilization and creek restoration with the additional benefits of wildlife/fish habitat enhancement as well as recreational and education amenities; and, WHEREAS, the first grant is for $100,000 from the Iowa Department of Agriculture and Land Stewardship(IDALS)through the Water Quality Initiative Urban Conservation Demonstration Project Program; and, WHEREAS, this Program was established in order to assess and reduce nutrients in the state's watersheds,including sub-watersheds and regional watersheds,with the goal of establishing and administering projects to reduce nutrients in surface waters from non-point sources in a scientific, reasonable, and cost-effective manner; and, WHEREAS,the second grant is for$500,000 from the Iowa Finance Authority through the Water Infrastructure Fund; and, WHEREAS,that program makes investments to support innovative projects across the state with the goal of protecting,preserving, and restoring Iowa's water resources; and, WHEREAS,the Water Infrastructure Fund invests in nonpoint source watershed projects that improve Iowa's water quality, focusing on green infrastructure and measures to control nonpoint source pollution from hydromodification; and, WHEREAS, revenues for this project total $1,200,000 from the following sources: 1) $300,000 from the Stormwater Utility Fund; 2) $300,000 from the Clean Water State Revolving Fund; 3) $500,000 from the Iowa Finance Authority Water Infrastructure Fund; and, 4) $100,000 from the Iowa Department of Agriculture and Land Stewardship. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the Water Infrastructure Funding Agreement from the Iowa Finance Authority for the 2019/20 Storm Water Erosion Control Program(Ioway Creek Bookside Project)in the amount of$500,000 is hereby approved. ADOPTED THIS 12'h day of April, 2022. Diane R. Voss, City Clerk John A. Haila, Mayor Introduced by: Betcher Seconded by: Junck Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 12' day of April, 2022.