HomeMy WebLinkAbout1995-36-01.09.1995 RESOLUTION NO. 1995-36
RESOLUTION TRANSFERRING FROM THE TAX INCREMENT
FINANCING FUND THE SUM OF THREE HUNDRED FIFTY
THOUSAND DOLLARS AND NO CENTS ($350, 000. 00) TO
THE DEBT SERVICE FUND.
WHEREAS, the City Council passed the 1995 Fiscal Budget on
March 9, 1994 , allocating $700,000. 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
$350,000. 00 from the Tax Increment Financing Fund to the Debt
Service Fund for payment of General Obligation Bonds.
PASSED AND ADOPTED this 9th day of January, 1995.
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Joh goff, Ma
ATTEST:
sj.teidie > ��1`
usan Fan an, ity Clerk
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