HomeMy WebLinkAbout2009-1169-11/23/2009RESOLUTION NO. 2009-1169
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, 2009
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
or Expenditure
Source
Description of
Indebtedness
Cumulative
Amount
FY 2004
$0.00
$0.00
Amount
Incurred
$0.00
FY 2004
3
FY 2006
$0.00
$0.00
$0.00
FY 2005
$0.00
$0.00
5
FY 2008
$0.00
FY 2006
6
FY 2009
$0.00
$0.00
$0.00
FY 2007
$0.00
$0.00
$0.00
FY 2008
$0.00
FY 2009
$0.00
Exhibit "B"
June 30, 2009
Project Designation: Cattle Congress Tax Increment Redevelopment Area
Schedule 2
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.19(2)
No.
Year Received
Received
From
Amount
1
FY 2004
$0.00
$0.00
2
FY 2005
$0.00
$0.00
3
FY 2006
$0.00
$0.00
4
FY 2007
$0.00
$0.00
5
FY 2008
$0.00
$0.00
6
FY 2009
$0.00
$0.00
7
FY 2010*
$0.00
$0.00
*Estimated
Resolution No. 2009-1169
Page 2
PASSED AND ADOPTED this 23rd day of November, 2009.
Tim Hurley, Mayor of
ATTEST:
pa
arol Failor, Deputy City Clerk