HomeMy WebLinkAbout1994-239-05.23.1994 RESOLUTION NO. 1994-239
RESOLUTION TRANSFERRING FROM THE TAX INCREMENT
FINANCING FUND THE SUM OF FOUR HUNDRED FORTY
THREE THOUSAND DOLLARS AND NO CENTS
( $443 ,000.00) TO THE DEBT SERVICE FUND.
WHEREAS, the City Council passed the 1994 Fiscal Budget on
February 23 , 1993, allocating $900,000. 00 of Tax Increment
financing money to the Debt Service Fund for payment of General
Obligation Bonds.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA, that a transfer be made for the amount of
$443, 000. 00 from the Tax Increment Financing Fund to the Debt
Service Fund for payment of General Obligation Bonds.
BE IT FURTHER RESOLVED that the Acting City 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.
PASSED AND ADOPTED this 23rd day of May, 1994.
John R Re f , Mayor
ATTEST:
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Ton; Ca ell , cting Clerk/Auditor
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