Resolution Approving the Submission and Support of a Community Catalyst Building Remediation…

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Recorded in the minutes as: “1. Resolution Approving the Submission and Support of a Community Catalyst Building Remediation Grant Application to IEDA on behalf of 369SKY, LLC. Motion: Moved by Wolling, seconded by Andorf formally approving the submission and support of a Community Catalyst Building Remediation Grant Applicate to the Iowa Economic Development Authority on behalf of 369SKY, LLC. Through the Community Catalyst Building Remediation Program, the Iowa Economic Development Authority (IEDA) provides grants to communities for the redevelopment, rehabilitation or deconstruction of buildings to stimulate economic growth or reinvestment in a community. Strong applications show the potential of catalytic economic growth in the community; improve appearances and safety; make use of underutilized property, exhibit appropriate design standards; and be well-funded. 369SKY, LLC and the City of Perry have been encouraged to apply for funding assistance through the Catalyst Grant program for the property located at 1110 2nd Street. The amount of the request would be $100,000 with the City providing financial or in-kind services as a match of $20,000. It is the intent to enter into a Development Agreement if awarded to specify the local match requirements. The Council participated in a phone poll on April 15, 2026, to approve the submission of the Iowa Economic Development Authority’s Community Catalyst Building Remediation Application, in order to meet the application deadline, which was carried by a five to zero vote to approve by the Council. This resolution formally approves the submission of such application and supports the local funding, in the form of a Development Agreement, upon a grant award”.

Motion as recorded: “Moved by Wolling, seconded by Andorf formally approving the submission and support of a Community Catalyst Building Remediation Grant Applicate to the Iowa Economic Development Authority on behalf of 369SKY, LLC. Through the Community Catalyst Building Remediation Program, the Iowa Economic Development Authority (IEDA) provides grants to communities for the redevelopment, rehabilitation or deconstruction of buildings to stimulate economic growth or reinvestment in a community. Strong applications show the potential of catalytic economic growth in the community; improve appearances and safety; make use of underutilized property, exhibit appropriate design standards; and be well-funded. 369SKY, LLC and the City of Perry have been encouraged to apply for funding assistance through the Catalyst Grant program for the property located at 1110 2nd Street. The amount of the request would be $100,000 with the City providing financial or in-kind services as a match of $20,000. It is the intent to enter into a Development Agreement if awarded to specify the local match requirements. The Council participated in a phone poll on April 15, 2026, to approve the submission of the Iowa Economic Development Authority’s Community Catalyst Building Remediation Application, in order to meet the application deadline, which was carried by a five to zero vote to approve by the Council. This resolution formally approves the submission of such application and supports the local funding, in the form of a Development Agreement, upon a grant award”.

The minutes give only the count (unanimously), so individual votes are Not in the record. Vote line as printed: “Motion carried unanimously.”.