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HomeMy WebLinkAbout2012-668-06.25.2012Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2012-668 RESOLUTION AUTHORIZING THE USE OF TAX INCREMENT FUNDS FOR DEVELOPMENT IN THE DOWNTOWN URBAN RENEWAL AREA TAX INCREMENT FINANCING DISTRICT. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the use of Downtown Urban Renewal Area Tax Increment Financing funds for payment of legal services and costs related to the TechWorks Campus development, in an amount not to exceed $50,000.00, be and the same is hereby approved. PASSED AND ADOPTED this 25th day of June, 2012. Ernest G. Clark, Mayor ATTEST: Suzy Schares, CMC City Clerk