HomeMy WebLinkAbout2013-996-11/25/2013Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-996
RESOLUTION AUTHORIZING CERTIFICATION TO THE
COUNTY AUDITOR THE CITY'S EXPENDITURES THAT
QUALIFY FOR REIMBURSEMENT FROM THE TAX
INCREMENT FUND IN THE CATTLE CONGRESS TAX
INCREMENT DISTRICT.
WHEREAS, the Code of Iowa allows the City to collect taxes
within a certain geographical district to be deposited in a "Tax
Increment Financing Fund", and
WHEREAS, certification of the City's expenditures within
said district must be made to the County Auditor on a yearly
basis.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA, that the City Clerk be instructed to certify to
the County Auditor all expenditures of the City that qualify for
reimbursement from the Tax Increment Fund in the Cattle Congress
Tax Increment District, as indicated in attached Exhibit "A" and
Exhibit "B", be and the same are hereby approved.
PASSED AND ADOPTED this
ATTEST:
r
uzy Scha es, CMC
City Clerk
25th day of November, 2013.
Ernest G. Clark, Mayor
Exhibit "A
June 30, 2013
Project Designation: Cattle Congress Tax Increment Redevelopment Area
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.19(2)
NO.
DATE OF
ISSUANCE OR
EXPENDITURE
SOURCE
DESCRIPTION OF INDEBTNESS
Cumulative
Amount
$0.00
$0.00
2
AMOUNT
$0.00
INCURRED
3
FY2004
$0.00
$0.00
4
FY2007
$0.00
$0.00
FY2005
FY2008
$0.00
$0.00
6
FY2009
$0.00
FY2006
7
FY2010
$0.00
$0.00
8
$0.00
FY2007
$0.00
9
FY2012
$0.00
$0.00
$0.00
FY2008
$0.00
$0.5-0-
$0.00
FY2009
$0.00
FY2010
$0.00
FY2011
$0.00
FY2012
f
1
$0.00
EXHIBIT "B"
June 30, 2013
Project Designation: Cattle Congress Tax Increment Redevelopmen
Schedule 2
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.19(2)
No. Year Received
Received from
Amount
1
FY2004
$0.00
$0.00
2
FY2005
$0.00
$0.00
3
FY2006
$0.00
$0.00
4
FY2007
$0.00
$0.00
5
FY2008
$0.00
$0.00
6
FY2009
$0.00
$0.00
7
FY2010
$0.00
$0.00
8
FY2011
$0.00
$0.00
9
FY2012
$0.00
$0.00
10
FY2013
$0.00
$0.5-0-
* - Estimated