HomeMy WebLinkAbout1998-670-10.19.1998 This Resolution prepared by Nancy Eckert, City Clerk, 715
Mulberry Street, Waterloo, Iowa.
RESOLUTION NO. 1998-670
RESOLUTION AUTHORIZING VARIOUS FUND
TRANSFERS .
BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WATERLOO, IOWA, that the General Obligation Bond proceeds
previously issued for construction of Martin Luther King
Drive and transfer thereof for the purpose of constructing
Northeast Drive (formerly known as Bishop Avenue North) in
conjunction with Northeast Industrial Park development, in
the amounts of $250, 000 issued in 1997 and $200, 000 issued
in 1998, be and the same hereby reallocated in the
Industrial Tax Increment Financing Fund (#275) .
PASSED AND ADOPTED this 19th day of October, 1998 .
John dIVRooff, Mayo
ATTEST:
Nancy Ec rt, City Clerk