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Home My WebLink AboutDowntown State Certification FYE21 - 11/29/2021 CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403 . 19 TAX INCREMENT FINANCING ( TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Tax Is Requested Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Downtown Urban Renewal Urban Renewal Area Number: 07008 (Use five-digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances , indebtedness , or bonds , none of which have been previously certified, in the j collective amount shown below, all of which qualify for repayment from the special fund referred to in paragraph 2 E of Section 403 . 19 of the Code of Iowa . Urban Renewal Area Indebtedness Not Previously Certified: $ 15300,516 *There must be attached a supporting itemized listing of the dates that individual loans , advances, indebtedness , or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1 . 1 '. ) The County Auditor shall provide the available TIF increment tax in subsequent fiscal years without further certification until the above-stated amount of indebtedness is paid to the City. However, for any fiscal year a City may elect to receive less than the available TIF increment tax by certifying the requested amount to the County Auditor on or ` before the preceding December 1 . (File 'CITY TIF FORM 2' with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax is not requested. ) A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence . ( File 'CITY TIF 'FORM 3' with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax received from the County Treasurer. ) Notes/Additional Information : Please note that we removed $ 1 , 112 , 372 . 00 in debt reductions and revenue adjustments using Form 3 that did not carry to this form . Net debt outstanding at 6/30/2021 should be $45 , 2809036 . 78 . Dated this 2 day of November 2021 ;� �� .�"- 319 . 291 .4323 .___:: _:: :__ _ Signature: ofAutfioriZed. Official Telephone -- U2021 F"AO' 93Dt -_ CITY TIF FORM 1 . 1 _ To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION Page 1 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Downtown Urban Renewal Urban Renewal Area Number: 07008 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details : Date Approved *: Total Amount: 1 . Main Street Contract FY21 6/15/2020 60,000 FjW this box if a rebate agreement. List administrative details on lines above. 2. Administrative Expenses 06/21 /2021 56, 976 n 'X' this box if a rebate agreement. List administrative details on lines above. 3. JSA ED Grant 10/26/2020 230 , 000 704-706 Jefferson/ 301 -307 W 5th St [] 'X' this box if a rebate agreement. List administrative details on lines above. 4. Advanced Enviro Asbes contract 10/19/2020 107,445 n 'X' this box if a rebate agreement. List administrative details on lines above. 5. River Lighting Design Contract 7/19/2021 51938 FxjW this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1 . 1 Page 2 . JW - - - _ .. Total For City:TlF- Form 1 .1 Page 'l ; 460,358 __ -- :*"Date Approved=is fhe_dafe that fhe local governing body initially approved tine TIF indebtedness CITY TIF FORM 1 . 1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION Page 2 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Downtown Urban Renewal Urban Renewal Area Number: 07008 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved: Total Amount: 6. Grand Crossing I & II Tax Rebate Estimate Increase: $ 19, 728 1 /22/2019 193728 s [x 'X' this box if a rebate agreement. List administrative details on lines above. 7. JSA Development Multi Parcel Tax Rebate Estimate Increase: $302, 578 . 00 10/26/2020 302,578 a Q 'X' this box if a rebate agreement. List administrative details on lines above, 8. Hotel President Tax Rebate Estimate increase : $4, 778 .00 1 /5/2015 41778 Q 'X' this box if a rebate agreement. List administrative details on lines above. 9. 3 Stooges Tax Rebate Estimate Increase: $2,352 .00 3/21 /2016 21352 [ Q X this box if a rebate agreement. List administrative details on lines above . 10. Gaymond Schultz Phase 11 II & ill 10/8/2018 153, 702 Tax Rebate Estimate Increase : $ 153, 702 . 00 x0 'X' this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1 . 1 Page 3 . .. . .:_ Total For_-Clty.TIF Form.'1 . 1 -Page-2 : --- - - * "Date Approved" is •fhedate -that the local governing body tnitiafly approved -fhe TlF indebtedness . . - - ' . - . - . - CITY TIF FORM I - To be attached to CITY TIF FORM 9 - INDEBTEDNESS CERTIFICATION Page 3 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Downtown Urban Renewal Urban Renewal Area Number: 07008 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details : Date Approved *: Total Amount: 11 . Elizabeth Blake Tax rebate 2/15/2021 26 , 148 4-years @80% and 2-years @ 75 x❑ 'X' this box if a rebate agreement. List administrative details on lines above. 12. 2012A GO Bond Refinanced with 2021A 06/07/2021 71132 Principal: $7, 000 Interest: $ 131 .83 ❑ 'X' this box a rebate agreement.if batList administrative details on lines above. 13. 2013A GO Bond Refinanced 06/07/2021 20, 577 Principal : $20 ,000 Interest: $576.67 [1 'X this box if a rebate agreement. List administrative details on lines above. 14. 2013E GO Bond Refinanced with 2021 B 06/07/2021 205, 800 r Principal : $206, 000 Interest: $799.96 (] 'X' this box if a rebate agreement. List administrative details on lines above. 15. 2021A GO Bond New Money 06/07/2021 89,907 Principal: $23, 006 .00 Interest: $9, 906.67 n 'X' this box if a rebate agreement. List administrative details on lines above . If more indebtedness entry lines are needed continue to Form 1 . 1 Page 4. =Total -For-City_TIF Farm 7 . 1 -Page -3 : — - 349,563 . .. _ _ _ .. . . .. _ �.. - - ..: -a-.:'.-`—,>�rte_:.. —'�`�' , � :•..: ' .... <..r "Date A roved is the date-thgt the-local governing bodymitlally approved -the TIF Indebtedness t CITY TIF FORM I A - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION Page 4 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Downtown Urban Renewal Urban Renewal Area Number: 07008 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount: 16. Correction for duplicated admin costs from 2014/FY2016 see page 2A 12/18/2018 71456 n 'X' this box if a rebate agreement, List administrative details on lines above. 17. - ❑ 'X' this box if a rebate agreement. List administrative details on lines above. 18. ❑ 'X' this box if a rebate agreement, List administrative details on lines above . 19. � ❑ 'X' this box if a rebate agreement. List administrative details on lines above. 20, 'X' this box if a rebate agreement. List administrative details on lines above. tal For-Ci TIF- Form 7 :1 - Page 4: 7,456. - -=__* "Date'Appioved° :isahe date that the° local governing body initially approved the TIF indebtedness CITY TIF FORM 3 TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF TIF INCREMENT TAX RECEIVED FROM THE COUNTY TREASURER CERTIFICATION TO COUNTY AUDITOR Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Downtown Urban Renewal PIIIIIIIII J Urban Renewal Area Number: 07015 (Use five digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the City has reduced previously certified indebtedness , by reason other than application of TIF increment tax received from the County Treasurer, by the total amount as shown below. Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example, you could have multiple indebtedness certifications in the Urban Renewal Area , and the County Auditor would need to know which particular indebtedness certifcation (s) to reduce. If rebate agreements are involved with a reduction , and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five-digit county increment taxing district numbers for reference. Individual TIF Indebtedness Type/Description/Details : Amount Reduced: Fischels Holdings LLC Tax Rebate Estimate Adjustment Reduction : $2, 914. 00 22914 Bread to Beer Tax Rebate Estimate Adjustment Reduction : $944.00 944 Downtown Development Plan Fund 412 Refunded $7, 140 .00 71140 Downtown Acq Fund 412 refunded 2021B $213 , 325 .00 213, 325 Downtown Development Plan Fund 413 refund $20, 700. 00 20, 700 LSB Grant $550, 000 550, 000 Twin Trees $2,560 21560 Developer Reimbursement - 2021 214, 969 Transfer from Iowa Reinvestment District Fund - 2021 99820 t Total Reduction In Indebtedness For This Urban Renewal Area. 11112, 372 i Dated this day of November 2021 :._. :. �; ' 319291 43 , Signature of Authorized Official Telephone