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HomeMy WebLinkAboutNortheast Site 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 Northeast Industrial Urban Renewal 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 outstanding loans , advances, indebtedness, or bonds , none of which have been previously certified , in the collective amount shown below, all of which qualify for repayment from the special fund referred to in paragraph 2 of Section 403 . 19 of the Code of Iowa . Urban Renewal Area Indebtedness Not Previously Certified*: $ 11718,873 *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 ' . ) I I 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 t 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 T 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 $62 , 363 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 $ 3 , 991 , 019. 67 I I Dated this , T day of November 2021 v:::. = .. . . . . Im.. . _ - ----_,:: _ . .._ . _ ._.-. _ _. ..-. _ :-:---;-� -_=-�� - �,�' • _ - - _ - . . . __ . _ _ - . . . 319:291 .4323 = = ----_ =-- ----- -- .---- --. --Signature -of-Authorized -Official - - --- - -- _- _ - - .. . . Telephone . . - - - I ya e L ti N' • L 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 Northeast Industrial Urban Renewal Urban Renewal Area Number: 07015 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details : Date Approved *: Tota) Amount: 1 . Salaries FY21 : $9 , 193. 01 06/21/2021 91193 n 'X' this box if a rebate agreement. List administrative details on lines above. 2. Administrative Expenses: 5 035, 00 p $ 06/07/2021 52035 Fj 'X' this box if a rebate agreement. List administrative details on lines above. 3. GROW Cedar Valley $60, 750 12/14/2020 60, 750 E] 'X' this box if a rebate agreement. List administrative details on lines above. 4. Land Survey for Wetlands MMS $2 ,381 .63 11 /4/2019 21382 R 'X' this box if a rebate agreement. List administrative details on lines above. 5. MLK Wetlands AECOM Contract 20Q/1005 $ 17,079. 01 9/23/2019 55, 155 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 2. - _ _ . . . _ _ y : __ ____.�Tota(_Fo�Git • _TtF_Form �l .�-Pa e _1 : ..__ . ----4 ___ - _ - afe ApproVed" isahe date that theaocal governing body initially :appioVed theTiF indebtedness;-.- - - - - -- - - i 1 CITY TIF FORM I A - 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 Northeast Industrial Urban Renewal Urban Renewal Area Number: 07015 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount: 6. 4FI Properties Con-Trol Rebate Agreement 4/6/2020 1 ,520, 208 Rebates @ 50% for 8 years . x Xthis box if a rebate agreement. List administrative details on lines above . 7. 2013A GO Bonds Refinanced 2021A 06/07/2021 10,288 Principal : $ 10, 000.00 Interest: 288.33 FI X' this box if a rebate agreement. List administrative details on lines above. 8. 2013B GO Bonds Refinanced 2021 B 06/07/2021 50, 193 Principal: $50,000 Interest: 192. 71 n X this box if a rebate agreement. List administrative details on lines above . ! 9. 2021B GO Bonds New Money 06/07/2021 51009 Principal: $5, 000.00 Interest: $9.42 [] W this box if a rebate agreement. List administrative details on lines above. 5 10, Administrative Expenses : $660 6/21 /2021 660 n Xthis 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. n. .. .. . . . . .. . .._ . . . i=Total- For. City TIF-Form -1A- Page 2 :--- --1 ;5861358 % Dafe *Approved"- is' the dateahat the: ocal governing body initially approved. the TIF indebtedriess : CITY TIF FORM 2 SPECIFIC DOLLAR REQUEST FOR AVAILABLE TIF INCREMENT TAX FOR NEXT FISCAL YEAR CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year Where Less Than The Legally Available TIF Increment Tax Is Requested Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name : Waterloo Northeast Industrial Urban Renewal 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 next fiscal year and for the Urban Renewal Area within the City and County named above , the City requests less than the maximum legally available TIF increment tax as detailed below. Provide sufficient detail so that the County Auditor will know how to specifically administer your request. For example you may have multiple indebtedness certifications in an Urban Renewal Area , and want the maximum tax for rebate agreement property that the County has segregated into separate taxing districts , but only want a portion of the available increment tax from the remainder of the taxing districts in the Area . Specific Instructions To County Auditor For Administering The Request That This Amount Urban Renewal Area Generate Less Than The Maximum Available TIF Increment Tax: Requested : They City wants to receive this amount of TIF increment from NE Site TIF 129, 405 Dated this � �j day of November 2021 319 . 291 .4323 Signature of Authorized Official Telephone 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 Northeast Industrial Urban Renewal 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 : 2013 GO Bond REFUNDED 2021 B: $52 , 012.50 52,013 2013 GO Bond REFUNDED 2021A $ 101350. 02 10,350 Land Survey Wetlands MMS Contr 20P 300 Total Reduction In Indebtedness For This Urban Renewal Area . 62, 663 Dated this _ day of November 2021 9 . 291 .4323 ..-. Signafure of Ad t�orized Official -� - Telephone t