HomeMy WebLinkAbout2016-442-6/13/2016 Prepared by Nancy Higby, Administrative Secretary, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2016-442
RESOLUTION APPROVING THE USE OF NOT TO EXCEED
$266,700 IN MIDPORT URBAN RENEWAL AREA TAX
INCREMENT FINANCING FUNDS FOR AN ECONOMIC
DEVELOPMENT GRANT FOR THE CONSTRUCTION OF A
BUILDING.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that
the use of MidPort Urban Renewal Area Tax Increment Financing funds for an economic
development grant for the construction of a building, in an amount not to exceed $266,700, be
and the same is hereby approved.
PASSED AND ADOPTED this 13th day of June, 2016.
Quentin Hart, Mayor
ATTEST:
elley Fel hle
Deputy City Clerk