The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #2020-64
Approving to support Application for Rural Innovation Grant in the amount of $20,000 for façade and entryway improvements at 101 E. 1st Street.
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, have been working together on the Rural Innovation Grant available through the Iowa Economic Development Authority, and are prepared to seek a grant in the maximum amount 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 finds that the grant funds would be of benefit to the City and the Innovation Lab / Creative Adventure Lab project and supports the completion and submission of the grant for the purposes set forth herein.
NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve of the transfer of the building located at 101 East 1st Street from the Welter Family to the City of Monticello and the plan to transfer the building from City to the Creative Adventure Lab, Inc., further authorizing the City Administrator to pursue grants that will improve the building in advance of the transfer with the preapproval of the Creative Adventure Lab and the agreement of the Creative Adventure Lab to reimburse the City for any such costs incurred by the City prior to transfer.
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 18th day of May, 2020.
Brian Wolken, Mayor
Attest:
Sally Hinrichsen, City Clerk