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2021-1926 RESOLUTION NO. 2021-1926 A resolution authorizing the design of an Indoor Athletic and Conference Center and approving the appropriation of American Rescue Plan Act funding. WHEREAS, the Common Council previously commissioned a feasibility study and business plan, in partnership with the Janesville Area Convention and Visitors Bureau (JACVB) for a potential indoor athletic complex; and WHEREAS, the feasibility study and business plan concluded that there is overall, measurable unmet demand for a potential new indoor athletic and recreation facility and they identified a market-supportable scenario with one main ice sheet, one secondary ice sheet with removable ice, and 20,000 sf of flexible space that will have positive net operating income and will lead to increased community economic output, personal earnings and employment; and WHEREAS, an indoor athletic and conference center would be a valuable resource for the community by accommodating and supporting the expansion of local sports, recreation, events and activities; driving sports tourism; providing an opportunity for trade shows, conventions and expos; and WHEREAS, an indoor athletic and conference center will create a minimum of $10 million in economic impact and a $4 million increase in personal earnings annually by year five; and WHEREAS, the JACVB has made a commitment of $25,000 towards the design of an athletic and conference center, a total of 10% of their Janesville room tax revenue for financial support of the sales and marketing portion of operations for 5 years, and in- kind sales and marketing support valued at approximately $45,000; and WHEREAS, the Friends of the Janesville Athletic & Conference Center have obtained private sector commitments of $50,000 towards the design of an athletic and conference center; and WHEREAS, Rockstep has provided a letter of intent to donate property at Uptown Janesville to serve as the site of the center; and WHEREAS, the City will receive $11,686,560 from the Local Fiscal Recovery Fund (LFRF) and has an unallocated balance of $4 million in American Rescue Plan Act (ARPA) funding as a result of lost revenue; and WHEREAS, Under the ARPA program, the City has broad latitude to use this funding to support government services; and WHEREAS, the project would result in positive economic impact to businesses and industries that have been disproportionately impacted by COVID-19 and build community resiliency by expanding health and wellness initiatives; and NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL of the City of Janesville, Rock County, Wisconsin, that staff is authorized to move forward to undertake the design of the indoor athletic and conference center and that two million and no/100 dollars ($2,000,000) from the Local Fiscal Recovery Fund be allocated and reserved for the design and construction of an indoor athletic and conference center. NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE COMMON COUNCIL of the City of Janesville, Rock County, Wisconsin, that the City Manager and his designee(s), on behalf of the City of Janesville, is/are hereby authorized and empowered to negotiate, draft, modify, review, execute, and enter into additional agreements, understandings, and arrangements, to make modifications thereto, and to take whatever other actions as the City Manager may determine, from time to time and at any time, necessary and/or desirable to effectuate the intent of this Resolution, project, and/or public purposes. ADOPTED: October 25, 2021 Motion by: Benson Second by: Marshick APPROVED:// Atit— Councilmember Aye Nay Pass Absent Benson X Mark A. eitag, City Manager Jackson X Johnson X ATTEST: Marklein X Marshick X Miller X Lorena Rae Stottler, City Clerk-Treasurer Williams X APPROVED AS TO FORM: Wald Klimczy , City Attorney Proposed by: Neighborhood & Community Services Dept. Prepared by: Jennifer Petruzzello, Neighborhood & Community Services Director