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2021-1929 RESOLUTION NO. 2021-1929 A proposed resolution to support a grant request to the Wisconsin Economic Development Corporation for funding through the Community Development Investment Grant Program to support the Minuteman Press Renovation project in downtown Janesville. WHEREAS, the Common Council of the City of Janesville recognizes that the redevelopment of historic downtown properties is an important part of preserving Wisconsin's history; and WHEREAS, the City has engaged in the redevelopment of parcels in downtown Janesville for the purpose of improving the historic downtown's economic vitality; and WHEREAS, the Wisconsin Economic Development Corporation provides financial assistance to complete redevelopment activities under the Community Development Investment Grant Program; and WHEREAS, by adopting this Resolution, the Common Council declares its intent for the City Administration to submit a grant request to the Wisconsin Economic Development Corporation for funding through its 2021 Community Development Investment Grant Program for Two Hundred, Fifty Thousand Dollars ($250,000.00) for the redevelopment of 303 West Milwaukee Street; and WHEREAS, there is no match requirement for the City; and WHEREAS, the City of Janesville will maintain records documenting all expenditures made during the grant period and abide by the necessary reporting responsibilities as determined by the Wisconsin Economic Development Corporation; and WHEREAS, the City of Janesville will work cooperatively with employees, agents, and representatives of the Wisconsin Economic Development Corporation during the grant period; and WHEREAS, the City of Janesville intends to comply with all requirements of and will submit all documents and participation requirements, to the Wisconsin Economic Development Corporation; and WHEREAS, the Common Council finds that the submission for and use of the Grant will be in the best interests of and benefit to the City, its properties, its residents, and taxpayers. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Janesville that: 1. All above introductions and recitals are incorporated herein by reference as if fully set forth verbatim; and 2. The City Manager is authorized on behalf of the City of Janesville to prepare and submit applications to the Wisconsin Economic Development Corporation for any financial aid that may be available; and 3. The City of Janesville shall take any and all necessary actions to undertake, direct, and complete approved grant activities, and comply with State and Federal rules for the program(s); 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 and/or the public good. ADOPTED: October 25, 2021 Motion by: Consent Second by: Consent APPROVED: Councilmember Aye Nay Pass Absent Benson X ,// Jackson X Mark A. reitag, City Manager Johnson X Marklein X ATTEST: Marshick X Miller X Williams X Lorena Rae Stottler, City Clerk-Treasurer APPROVED AS TO FORM: Wald Klimczyk, City Attorney Proposed by: Economic Development Office Prepared by: Economic Development Office