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2022-1978 RESOLUTION NO. 2022-1978 A resolution supporting a grant request to the U.S. Department of Commerce, Economic Development Administration for funding through the 2021 American Rescue Plan Act Travel, Tourism, and Outdoor Recreation Grant Program. WHEREAS, the Common Council is proposing to construct an athletic and conference center to serve as a venue to allow Janesville to compete in sports tourism and conference activities; and WHEREAS, the Common Council recognizes the positive benefits a center would have in facilitating continued growth and diversification of the local economy; generating significant economic impact, increased employment, and growth in personal earnings; assisting in the redevelopment of struggling retail areas, establishing itself as a regional destination for athletic, recreational and conference activities, and improving the overall well-being of residents and neighborhoods by offering cultural and recreational opportunities; and WHEREAS, the project would result in a 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 WHEREAS, the U.S. Department of Commerce, Economic Development Administration (EDA) is currently soliciting grant applications for the 2021 American Rescue Plan Act Travel, Tourism, and Outdoor Recreation Grant Program to provide a wide range of financial assistance to communities and regions to rebuild and strengthen their travel, tourism, and outdoor recreation industry through various infrastructure and non- infrastructure projects; and WHEREAS, the EDA expects to fund 80% of eligible projects costs for awarded grants; and WHEREAS, the City of Janesville intends to prepare and submit a competitive application with a project application budget of $9.375 million and a funding request of $7.5 million in grant funding under the EDA's Travel, Tourism, and Outdoor Recreation Grant Program to support the construction of the Woodman's Community Center — Janesville's Athletic and Conference Center; and WHEREAS, federal financial assistance is needed to move forward with the construction of the Woodman's Community Center; and WHEREAS, the Common Council hereby finds that this grant application, grant, and program are each in the best interest of, and benefit to, the City of Janesville. NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL of the City of Janesville, Rock County, Wisconsin, 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 U.S. Department of Commerce for this particular project as described and set forth above; and 3. The City of Janesville shall take any and all necessary actions to undertake, direct, and complete approved grant activities, and to comply with Federal rules for the program(s); and BE IT FURTHER RESOLVED by the Common Council of the City of Janesville that: 1. They commit to provide the local matching share totaling no less than twenty percent (20%) from future City borrowing proceeds; and 2. The matching share will be committed to the project for the period of performance under the grant; and 3. The matching share will be available as needed; and 4. The matching share will not be conditioned or encumbered in any way that may preclude its use consistent with the requirements of EDA investment assistance; 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: February 28, 2022 Motion by: Benson Second by: Marklein APPROVED: Councilmember Aye Nay Pass Absent Benson X Mark . reitag, 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: ‘67/W Wald Klimczyl<City Attorney -. Proposed by: Neighborhood & Community Services Dept. Prepared by: Jennifer Petruzzello, Neighborhood & Community Services Director