HomeMy WebLinkAbout1989-226-05.15.1989 b1 n H O
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7 ( U E-i RESOLUTION NO. 1989-226
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H E- 1 RESOLUTION TRANSFERRING FROM THE TAX INCREMENT FINANCING
0 oHt7.7.1 FUND THE SUM OF THREE HUNDRED SIX THOUSAND ONE HUNDRED
`' `1-5 N EIGHTY-SIX DOLLARS AND EIGHTY-SEVEN CENTS
t' TO THE DEBT SERVICE FUND. ( $306 , 186 . 87 )
H
o r o
WHEREAS, the City Council passed the 1988-1989 Fiscal Budget
on March 15, 1988, allocating $800 , 000 . 00 of Tax Increment
Financing money to the Debt Service Fund for payment of General
Obligation Bonds.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA, that a transfer be made for the amount of
$306 , 186 . 87 from the Tax Increment Financing Fund to the Debt
Service Fund for payment of General Obligation Bonds .
BE IT FURTHER RESOLVED that the Clerk/Auditor be instructed
to certify a copy of this resolution to the City Treasurer of the
City of Waterloo, Iowa, in order that said transfer be made.
"c=i PASSED AND ADOPTED this 15th day of May, 1989 .
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CD . nl o
rrl T Y, Mayor
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Bernard L. MCK
ATTEST: _`
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Larr P. rger, C' ty Clerk/Auditor
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