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HomeMy WebLinkAboutR-2025-152 Resolution accepting the grant and loan agreement with Yakima County Supporting Investments in Economic Development (SIED) for Mead Avenue pedestrian crossing signal to support G.S. LongA RESOLUTION RESOLUTION NO. R-2025-152 authorizing the City of Yakima to accept the grant and loan agreement 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, G.S. Long Company has agreed to fund the $80,000 local match and the $160,000 in loan; 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 sign the grant and loan agreement with the Yakima County "Supporting Investment in Economic Development" program in the amount not to exceed four hundred thousand dollars ($400,000) including $160,000 in grant, $160,000 in loan and $80,000 in local match. ADOPTED BY THE CITY COUNCIL this 21st day of October, 2025. icia Byers, 4 ayor AIIEST: Rosalinda lbarra, City Clerk