HomeMy WebLinkAbout2006-995-11/13/2006 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Streotr Waterloo, Iowa.
RESOLUTION NO. 2006-995
RESOLUTION AUTHORIZING CERTIFICATION TO THE
COUNTY AUDITOR THE CITY'S EXPENDITURES THAT
QUALIFY FOR REIMBURSEMENT FROM THE TAX
INCREMENT FUND.
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 HEREBY RESOLVED BY THE COUNCIL OF THE
CITY OF WATERLOO, IOWA, that the City Clerk be instructed to
certify to the County Auditor all expenditures of the City that
qualify for reimbursement from the Tax Increment Fund as
indicated below:
Exhibit"A"
June 30,2006
Project Designation: Cattle Congress Tax Increment Redevelopment Area
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.19 2
No. Date of Issuance Description of
or Expenditure Source P Cumulative
Indebtedness Amount
FY2004 Amount Incurred
FY2005 $0.00
FY2006 $0.00
$0.
Exhibit"BI,
June 30,2006
Project Designation:Cattle Congress Tax Increment Redevelopment Area
Schedule 2
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.1 2
Received
No. Year Received From
Amount
1 FY 2004
$0.00 $0.00
2 FY2005 $0
$0.00
3
FY2006 $0
$0.00
4 FY2007
$0.00 $0.00
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,Resolution No. 2006-995
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PASSED AND ADOPTED this 13th day of November, 2006.
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Tim Hurley, Mayo
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