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HomeMy WebLinkAbout06/03/2025 09.B. Resolution authorizing the City of Yakima to support Yakima County Supporting Investments in Economic Development (SIED) grant and loan application for Mead Avenue pedestrian crossing signal r:- � ljlt kiii I I II&1- ii! 'I!I/ ". . r J • • s . BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 9.B. For Meeting of: June 3, 2025 ITEM TITLE: Resolution authorizing the City of Yakima to support Yakima County Supporting Investments in Economic Development (SIED) grant and loan application for Mead Avenue pedestrian crossing signal (No Budgetary Impact) SUBMITTED BY: Bill Preston, Acting City Engineer SUMMARY EXPLANATION: In cooperation with the Yakima County Development Authority and GS Long, staff is seeking Council authorization to apply to the Supporting Investment in Economic Development (SIED) Program to fund a new mid-block pedestrian signal that will support retention and continued expansion of GS Long to bring in new local jobs while proactively addressing pedestrian safety and allowing for future redevelopment of their Yakima campus. The application is requesting up to $300,000 in SIED grant, SIED loan and match. GS Long will pay the local match and is responsible for the loan repayments. ITEM BUDGETED: N/A STRATEGIC PRIORITY 24-25: A Resilient Yakima RECOMMENDATION: Adopt Resolution. ATTACHMENTS: Resolution SIED 2650 88 RESOLUTION NO. R-2025- A RESOLUTION authorizing the City of Yakima to support the grant and loan application from Yakima County Supporting Investment in Economic Development (SIED) fund to install pedestrian signal improvements in the vicinity of 5 West Mead Ave for G. S. Long Company in the City of Yakima. WHEREAS, The City of Yakima has established that public safety, especially on public streets, is a Strategic Priority for the City Council; and WHEREAS, The City Council is committed to assisting existing businesses, supporting new development as feasible and the preservation of the community employment base.; and WHEREAS, G.S. Long Company proposes to install a pedestrian signal and crossing in the vicinity of 5 W Mead Ave, and WHEREAS, G.S. Long Company owns property on both sides of W Mead Ave and frequently cross the roadway with pedestrians and warehouse vehicles; and WHEREAS, the improvement of city streets to improve public safety is a priority. In this case, the new mid-block pedestrian signal will enable GS Long to bring in new local jobs in Yakima, address pedestrian safety, and allow for future redevelopment and improvements of their Yakima campus and operations; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The City Manager is hereby authorized to support the grant application with the Yakima County "Supporting Investment in Economic Development" program in the amount not to exceed three hundred thousand dollars ($300,000) including $120,000 in grant, $120,000 in loan and $60,000 in local match, with all repayment and local match to be paid by the private developer (G.S. Long Company). ADOPTED BY THE CITY COUNCIL this 3rd day of June, 2025. Patricia Byers, Mayor ATTEST: Rosalinda Ibarra, City Clerk 89