HomeMy WebLinkAbout2018-855-11/27/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2018-855
RESOLUTION APPROVING CERTIFICATION TO THE
BLACK HAWK COUNTY AUDITOR FOR EXPENDITURES
THAT QUALIFY FOR REIMBURSEMENT IN THE FY 2018
DOWNTOWN WATERLOO URBAN RENEWAL AND
REDEVELOPMENT TAX INCREMENT DISTRICT, AND
PLACE THE CERTIFICATION ON FILE.
WHEREAS, the code of Iowa allows the City to collect taxes within a certain
geographical district to be deposited in a"Tax Increment Financing Fund", and
WHEREAS, certification of the City's expenditures within said district must be made to
the County Auditor on a yearly basis.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA, that the City Clerk is instructed to certify to the County Auditor all
expenditures of the City that qualify for reimbursement from the Tax Increment Fund in the FY
2018 Downtown Waterloo Urban Renewal and Redevelopment Tax Increment District, as
indicated in attached Schedule "1" and Schedule "2", are hereby approved.
PASSED AND ADOPTED this 27th day of November 2017.
Quentin Hart, Mayor
ATTEST:
Kelley Fele le
City Clerk