HomeMy WebLinkAbout2014-527-06/23/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2014-527
RESOLUTION AUTHORIZING FUND TRANSFER.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
that a transfer be made in the amount of $1,315,999.03 from Fund
101, Tax Increment Financing Fund to Fund 426, Capital
Improvements Fund to reimburse amounts paid for the following
projects:
FROM TO AMOUNT
Tax Increment Capital $1,315,999.03
Financing Fund Improvements Fund
1. L & H Farms land purchase $ 857,909.51
2. CV Warehouse economic development grant 271,582.00
3. MMC Properties economic development grant 73,868.00
4. FAA release of property 29,316.29
5. Grant writing services for 2 state RISE grants 4,000.00
6. Secor Railroad Spur Project 17,540.73
7. TechWorks development services 4,410.00
8. 401-409 Franklin property acquisition 32,172.50
9. Logan area property appraisals 5,200.00
10. Government Relations contract 20,000.00
TOTAL
PASSED AND ADOPTED this
ATTEST:
Suzy Scha es, CMC
City Cler
23rd day of June, 2014.
Ernest G. Clark, Mayor
$1,315,999.03