HomeMy WebLinkAbout1987-022-01.19.1987 RESOLUTION NO. 1987-22
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s o A RESOLUTION TRANSFERRING FROM THE TAX INCREMENT
FINANCING FUND THE SUM OF FOUR HUNDRED THIRTY
s `T THOUSAND DOLLARS ($430,000.00) TO THE DEBT
r SERVICE FUND.
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Q WHEREAS, the City Council passed the 1986-1987 Fiscal Budget
o c ilar.ch 4, 1986, allocating $860,000.00 of Tax Increment Financing
mo Rpyi to the Debt Service Fund for payment of General Obligation
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51= NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
c OF r9ATERLO0, IOWA, that a transfer be made for the amount of
$430,000.00 from the Tax Increment Financing Fund to the Debt Service
Fund for payment of General Obligation Bonds.
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BE IT 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.
PASSED AND ADOPTED this 19th day of January, 1987.
BerWar3' L. McKinley, Mayor
ATTEST:
a ry P. urger, Cit Clerk Auditor
SS-C8QI .OM $OITUJO?351
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