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2019-1690 RESOLUTION NO. 2019 - 1690 A resolution authorizing the City of Janesville's submittal of a Wisconsin Department of Transportation Municipal Street Improvement Discretionary Program Grant application. WHEREAS, a 2019 City-wide evaluation of existing street conditions was prepared and used to identify streets throughout the City of Janesville that could be improved; and WHEREAS, the Common Council of the City of Janesville recognizes the importance of safety and maintaining the City's infrastructure; and WHEREAS, by adopting this resolution, the Common Council declares their intent for the City Administration to prepare and submit a Wisconsin Department of Transportation Grant application for financial aid under the Municipal Improvement Discretionary (MSID) Program; and WHEREAS, the State share for such a project may not exceed fifty percent (50%) of the of total eligible project costs with a maximum funding of$1,000,000 per grant; and WHEREAS, by applying for this grant, the City of Janesville agrees to and shall pay the local share of fifty percent (50%) of the total project costs from future City borrowing proceeds; and WHEREAS, the City of Janesville intends to submit an application on October 31, 2019 for Black Bridge Road; and WHEREAS, the City of Janesville will maintain records documenting all expenditures made during the planning process and abide by the necessary reporting responsibilities as determined by the Wisconsin Department of Transportation; and WHEREAS, the City of Janesville will work cooperatively with employees, agents, and representatives of the Wisconsin Department of Transportation when completing this planning effort; and WHEREAS, the City of Janesville intends to comply with all requirements of law in accord with the Wisconsin Department of Transportation; and WHEREAS, the Common Council hereby find that this grant application, grant, and program are each in the best interest and of benefit to the City of Janesville. NOW, THEREFORE, IT IS HEREBY RESOLVED by the Common Council of the City of Janesville that: 1. Each of the above introductions and recitals are incorporated herein by reference as if fully set forth verbatim; and 2. The City Administration is authorized on behalf of the City of Janesville to prepare and submit applications for and request funding and assistance available from the Wisconsin Department of Transportation and related State and other programs and sources for this particular project as described and set forth above; 3. The City of Janesville shall take any and all necessary actions to undertake, direct, and complete approved grant activities, and to comply with State rules for the program(s); and 4. The City of Janesville agrees to and shall pay a local share of the eligible costs in an amount that is equal to the total project costs less the State share; and BE IT FURTHER RESOLVED, by the Common Council of the City of Janesville that they hereby approve and authorize the City Administration to take actions necessary to provide the local share "matching" funding for this project, currently estimated at fifty percent (50%) of the total project costs, to come from future City borrowing proceeds; and that no funds from sources other than future borrowing on promissory notes or bonds are expected to be used, reserved, allocated on a long-term basis, or otherwise set aside by the City for the project, except as permitted by the Internal Revenue Code of 1986, as amended. This declaration of official intent is consistent with the budgetary and financial circumstances of the City. The purpose of this Resolution is to satisfy the "official intent requirement" of Treasury Regulation Section 1.150-2; and BE IT FURTHER RESOLVED, that the City Manager and his designee(s), on behalf of the City of Janesville, is/are hereby jointly and severally authorized and empowered to negotiate, draft, review, revise, modify, amend, execute, enter into, file and/or record additional applications, agreements, amendments, documents, reports, and letters of understanding concerning this matter, and to take whatever additional other actions that the City Manager may determine in his sole discretion, from time to time and at any time, necessary and/or desirable in the public interest to effectuate the intent of this Resolution. ADOPTED: September 23, 2019 Motion by: Consent Second by: Consent APPROVED: Councilmember Aye Nay Pass Absent Benson X Conley X Mark . reitag, City Manager , Farrell X Gruber X ATT ' / Marklein X Tr Williams X / Wolfe X David T. Godek, City Clerk-Treasurer APPROVED AS TO FORM: Wald Klimczyk, i y Attorney Proposed by: Engineering Division Prepared by: Engineering Division