HomeMy WebLinkAbout2025-652-11.17.2025.docDocusign Envelope ID: DA39AF30-5238-4302-A798-AC1707986064
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-652
A RESOLUTION APPROVING CERTIFICATION TO THE
BLACK HAWK COUNTY AUDITOR FOR EXPENDITURES
THAT QUALIFY FOR REIMBURSEMENT IN THE FY 2025
NORTHEAST INDUSTRIAL PARK WATERLOO TAX
INCREMENT DISTRICT, AND PLACE THE CERTIFICATION
ON FILE.
WHEREAS, the City of Waterloo, Iowa, manages the Northeast Industrial Park Waterloo
Tax Increment District as part of its economic development strategy; and
WHEREAS, expenditures incurred within this district may qualify for reimbursement
through allocated Tax Increment Financing (TIF) funds, pursuant to applicable Iowa Code
requirements; and
WHEREAS, the Finance Department has compiled a detailed record of expenditures
within the Northeast Industrial Park Waterloo Tax Increment District for Fiscal Year 2025 to be
submitted for certification; and
WHEREAS, it is necessary to certify these expenditures to the Black Hawk County
Auditor to ensure proper reimbursement and documentation.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as
follows:
1. The City Council hereby approves the certification of expenditures for reimbursement
within the Northeast Industrial Park Waterloo Tax Increment District for Fiscal Year 2025.
2. The Finance Director is authorized and directed to submit the certified list of expenditures
to the Black Hawk County Auditor for inclusion in the TIF reimbursement process.
3. The City Clerk is instructed to place the certification on file, ensuring it is available for
public record and auditing purposes.
PASSED AND ADOPTED this 17th day of November 2024.
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DocuSigned by:
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Quentin Hart, Mayor
ATTEST:
Signed by:
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Kelley Felchle, City Clerk
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