HomeMy WebLinkAbout2016-922-11/21/2016 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2016-922
RESOLUTION APPROVING CERTIFICATION TO THE
BLACK
HAWK COUNTY AUDITOR FOR FY2016
EXPENDITURES THAT QUALIFY FOR REIMBURSEMENT
IN THE EAST WATERLOO UNIFIED URBAN RENEWAL &
REDEVELOPMENT TAX INCREMENT DISTRICT AND
PLACE THE CERTIFICATION ON FILE.
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 is instructed to certify to the County Auditor all
expenditures of the City that qualify for reimbursement from the Tax Increment Fund in the East
Waterloo Unified Urban Renewal and Redevelopment Tax Increment District, as indicated-in
attached Exhibit"A" and Exhibit`B", are hereby approved.
PASSED AND ADOPTED this 21St day of November, 2016.
Quentin Hart, Mayor
ATTEST:
Kelley Felc e
City Clerk
SCHEDULE"1"
Cumulative as of June 30,2016
Project Designation: East Waterloo Unified Tax Increment Financing District
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 03.19(2)
No. Date Of Issuance or Expenditure Source Amount Description of—
Indebtedness Cumulative
Amount
incurred
Site Development FY 1996 Principal $220,648.35 1996 GO Bonds $220,648.35
MidPort Blvd. FY 1996 Principal $170,748.90 1996 GO Bonds $391,397.25
Raiff.Improvements FY 1996 Principal $8,682.75 1996 GO Bonds $400,080.00
Interest $205,357.39 1996 GO Bonds $605,437.39
Loan-Cedar Falls BDC Principal $10,000.00 ADVANCE $615,437.39
Interest 97-00 $1,058.63 $616,496.02
InterestFY01 $300.00 $616,796.02
Interest FY 02 $275.00 $617,071.02
Basic Materials(RADA)FY 1997 Principal $100,000.00 ADVANCE $717,071.02
Interest 97-00 $10,561.65 $727,632.67
Interest FY 01 $3,000.00 $730,632.67
Interest FY 02 $3,000,00 $733,632.67
Interest FY 03 $3,180.82 $736,813.49
InterestFY04 $2,537.26 $739,350.75
InterestPY05 $2,400.00 $741,750.75
InterestFY06 $2,100.00 $743,850.75
InterestFY07 $1,800.00 $745,650.75
InterestM8 $1,500.00 $747,150.75
InterestFY09 $1,200.00 $748,350.75
InterestFY10 $900.00 $749,250.75
InterestFY11 $600.00 $749,850.75
InterestFY12 $300.00 $750,150.75
MIDPORT BLVD,RISE PHASE 16/97 Principal $129,945.07 1997 GO Bonds $880,095.82
Rail Spur Improvements FY 97 Principal $116,629.00 1998 GO Bonds $996,724.82
Interest $119,366.30 1998 GO Bonds $1,116,091.12
Site Development FY 98 Principal $141,12056 1998 GO Bonds $1,257,211.68
MidPort Blvd.FY 98 Princi al $47,137.12 1998 GO Bonds $1,304,348.80
Rail Spur Improvements FY 98 Principal $77,449.07 1998 GO Bonds $1,381,797.87
Interest $66,501:79 . 1998 GO Bonds $1,448,299.66
Site Development FY 99 Principal $28,285.68 1999 G O Bonds $1,476,585.34
MidPort Blvd, FY 99 Principal $266,086.66 1999 G O Bonds $1,742,672.00
Sanitary Sewer FY 99 Principal $793,79201 1999 G O Bonds $2,536,464.01
Interest $707,864.43 1999 G O Bonds $3,244,328.44
Site Development FY 00 Principal $106,524.92 $3,350,853.36
2000 G
O Bonds
Interest $55,651.00 $3,406,504.36
Sanitary Sewer FY 98-99 Principal $214,142-37 Advance $3,620,646.73
CB Richard Ellis Principal $210,000.00 Contract, $3,830,646.73
Water Tap-WTT Principal $4,535.93 Advance
$3,835,182.66
Water Tap-Adv.Heat Treat Principal $6,531.29 Advance $3,841,713.95
"TT Properties Tax Rebate TIP Rebate Agreement $3,841,713.95
100% 2001 $29,912.18 $3,871,626.13
100% 2002 $31,504.14
$3,903,130.27
100% 2003
$32,634.15 $3,935,764.42
Page 1 of 7
SCHEDULE"1"
Cumulative as of June 30,2016
Project Designation: East Waterloo Unified Tax Increment Financing District
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 03.19(2)
Clear Windows Rebate TIF Rebate Agreement $3,935,764.42
75%2004 $13,243.08 $3,949,007.50
60%2005 $0.00 $3,949,007.50
45% 2006 $14,526.00 $3,963,533.50
30% 2007 $8,715.59 $3,972,249. 8
15% 2008 $2,347.20 $3,974.596.28
Advanced Heat Treat Rebate TIF Rebate Agreement $3,974,596.28
100%2002 $43,149.60 $4,017,745.88-
100%2003 $44,697.34 $4,062,443.22
100% 2004 $46,099.04 $4,109,542,26
Fed Ex Tax Rebate TIF Rebate Agreement $4,108,542.26
50%2008 $24 433.25 $4132 975.51
50%2009 $26,224.00 $4159199.51
50%2010 $25,916.00 $4185115.51
50%2011 $25,952.00 $4,211,067:51
50%2012 $25,712.00 $4,236,779.51
Criterion Tax Rebate TIF Rebate Agreement $4,236,779.51
50%2008 $3119.76 $4,239,899.27
50%2009 $3080.18 $4,242,979.45
50%2010 $3,036.00 $4,246,015.45
50%2011 $3,040.00 $4,249,055.45
50%2012 $3,012.00 $4,252,067.45
Advanced Heat Treat Rebate II TIF Rebate Agreement $4,252,067.45
50%2010 $37,584.00 $4,289,651.45
50%2011 $37,636,00 $4,327,287.45
50%2012 $37,288.00 $4,364,57545
50%2013 $36,412.00 $4,400,987,45
50%2014 $34,018.00 $4,435,005.45
50Y.2015 $31840.00 K466,845.45
845.45
50%2016 15 648:00. $4,482A93.45
Magee Properties Rebate TIF Rebate Agreement $4,482,493.45
50%2009 $6126.00 $4,488,619.45
50%2010 $6,054.00 $4,494,673.45
50%2011 $6,062.00 $4,500,735.45
50%2012 $6,006.00 $4,506,741.45
50%2013 $6,284.00 $4,513.025.45
Accurate Gear Rebate TIF Rebate Agreement $4,513,025.45
50%2012 $6,334.00 $4,519,359.45
50%2013 $10,888.00 $4,530,247.45
50%2014 $10172.00 $4,540,419.45
50%2015 $8,312.00 W48,731.45
50%2016 442.00 $4,554,173.45
ConAgra Rebate TIF Rebate Agreement $4,554,173.45
90%2010 $440 056.00 $4,994,229.45
90%2011 $442 012.00 1 $5,436,241.45
90%2012 $437,912.00 874153.45
90%2013 $426,024M $6,300,177.45
90%2014 $397998.00 $6f698,175.45
90%2015 $385,712-00 $7,083,887.45
90%2016 $356 392:[)0..,' $7,440,279.45
90%2017* $386,712.00 $7,826,991.45
80%2018* $343,744.00 $8,170,735.45
80%2019* $343,744.00 $8,514,479.45
70%2020`` $300,776.00 $8,815,255.45
70%2021* $300,776.00 $9,116,031.45
70%2022* $300,776.00 $9,416,807.45
60%2023* $257,808.00 $9,674,615.45
60%2024* $257 808.00 $9,932,423.45
60%2025* $257,808.00 $10,190,231,45
50%2026* $214,840.00 $10,405,071.45
50%2027* $214,840.00 $10,619,911.45
50%2028* $214,840M $10,834,75145.
50%2029* $214,940.00 $11049 591.45
Page 2 of 7
SCHEDULE"1"
Cumulative as of June 30,2016
Project Designation: East Waterloo Unified Tax Increment Financing District
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 03,19(2)
Empire Enterprises TIP Rebate Agreement $11049 591.45
50%2011 $7,390.00 $11,056,981.45
50%2012 $7,322.00 $11,064,303.45
50%2013 $7,064.00 $11071367,45
50%2014 $6,600.00 $11,077,967.45
50%2015 $5156.00 $11083123,45
LaFor e LLC TIF Rebate Agreement $11083123,45
50%2013 $32,740.00 $11,115,863.45
50%2014 $30,586.00 $11,146,449.45
50%'2015 $2871200 $11175161.45
50%2016 .96
$240,00 $11200121.45
50%2017* $27,574.00 $11,227,695.45
50%2018* $27,574.00 $11,255,269.45
50%2019* W574.00 $11,282,M.45
50%2020* $27,574.00 $11,310,417.45
chwickerath TIP Rebate Agreement $11,310,417.45
50%2013 $2,844.00 $11,313,261.45
50%2014 $2,658.00 $11,315,919.45
50%2015 $2,488.00 $11,318,407.45
50%2016 $11,320,0 .45.
50%2017* $11322,603.45
TourrderManufacturing TIP Rebate Agreement $11,322,603.45
58%2013 $21120.00 $11,343,723.45
60%2014 $20,410.00 $11364133.45
60%2015 $18,832,00 $11,382,96 .45
Bob&Kaye Huff(rKE Holdings) TIP Rebate Agreement $11,382,965.45
50%2010 $0,00 $11,382,965.45
50%2011 $0.00 $11,382,965.45
50%2012 $7,854.00 $11,390,819A5
50%2013 $4,952.00 $11,395,771,45
50%2014 $4,626.00 $11,400,39Z45
Anthony&Christopher Huff TIP Rebate Agreement $11&00,397.45
50%2012 $1458.00 $11401855.45
50%2013 $3,512.00 $11405 367.45
50%2014 $3,282.00 $11,408,649.45
50%2015 $2 992.00 $11,411,641.45
50%2016 $1844.00` $11,413,495.45
Cedar VaIley Warehouse LLC TIP Rebate $11,413,485.45
A reement
Agreement
50%2014 $17458.00 $11,430,943.45
50%2017* $22,724.00 $11,453,667.45
50%2018* =724.00- $11,476,39 .45
50%2019" $22,724.00 $11499115.45
50%2020* $22,724.00 $11521839.45
Cedar Valley Warehouse II TIP Rebate Agreement $11,521,839.45
50%2017* $18,712.00 $11,540,551.45
50%2018* $18,712.00 $11559 263.45
50%2019" $18,712.00 $11,57975.45
50%2020* $18,712.00 $11,596,687.45
50%2021* $18,712.00 $11,615,399.45
CPM Acquisition,Co TIF Rebate Agreement $11,615,399.45
50%2014 $10,058.00 $11625 457.45
50%2015 $7,210.00 $11,632,667.45
50%2016 -'-."$3 880.00 $11,636,547.45
50%2017* 494:00''::`.". $11,643,041A5
50%2018* $6 494:00 $11,649,535.45
Howard L Allen Investments TIP Rebate Agreement $11,649,535.45
50%2015 $15,496.00 $11665 031.45
77
50%2016 $12670.00 $11,677,701.45
50%2017* $15284'.00 'r. $11,692,985.45
50%2018* $15'2tT4:00:`:` $11,708,269.45
50%2019* $15 284:00° i $11,723,553A5
M&R Iowa LLC ed Ex TIP Rebate Agreement $11,723,553.45
50%2016 $0.00 $11,723,553,45
50%2017" :•$0.00 , $11,723,553A5
50%2018* $12 841.42 $11.736,394 87
Page 3 of 7
SCHEDULE"1"
Cumulative as of June 30,2016
Project Designation: East Waterloo Unified Tax Increment Financing District
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 03,19(2)
50%2019* I $1Z841.42 $11,749,236-29
50%2020* $12,841.42 $11,762,077.71
H drite Chemical Co. TIP Rebate Agreement $11,762,077.71
50%2016 x$0:00 1762 077.71
50%2017* $5,218.00 $11,767,295.71
50%2018* $5,218,00 $11,772,513.71
50%2019* $5,218.00 $11,777,731.71
50%2020* $5,218.00 $11.782.949.71
Koelker Properties,LLC TCF Rebate Agreement $11,782,949.71
78%2016 1 2 OQ''r" $11,794,201.71
78%2017* $11,252.00 $11,805,03.71
78%2018* $11,252.00 $11,816,705.71
78%2019* $11252.00 $11,827,957.71
78%2020* $11 2.00 $11,839,209.71
78%2021* $11252.00 $11,850,461.71
75%2022* $10,818.00 1 861 9.71
AMA Real Estate $11861 971
50%2019* $11,861,279.71
50%2020* 11861279.71
50%2021* 11861279.71
50%2022* 11861 79.71
50%2023* $11,861,279.71
Priitcl a1;:: Re"liie'"' ' -i:`�
4 agPlaze Retali Building. � p. . ,. $11,861,279.71
' 100%2 "`� (�}" $11861,274.71
012 r tr ' f�
-100.%2013 ,;4: ;�v:';$.000' $11,861,274.71
•100%201.0
�• "�.,•:r `. _ ":"$OAO $11,861,279.71
100b%.2015= ,'^ ; $0.00 $11,861,279.71
=:;100" 2Q1I8�: n A-7 Alt
,� $11.861,279.71
100.W2017}- . ' F''• �~ $11,861279.71
Walgreen's —; Rebate..-. $11,861279,71
:•:;100%•2012 52;234.OG $11,914,213.71
�: ..,.•..100"h'2013 '.... : $11984,559.71
Yti. Via'.; *,.' ;.
"•';°;`i �' ' ---100%20
14 •.; •.{;: i+ �s+.;`-' : $12,010,252.71
00°/x•20.18 ;:r•= >i:: r
'' +::.. •• . $1208$.735,71
.:,., 12125
1:6 0, fir.., ..,.,('•. $ 407.71
- <!100%-•2017:
Avila: - ' $12,172,429.71
:': :;n=_ '' Priricipal� #re ::;, Rebate $12,172,429.71
.:100%2012 ' '•r:: :.;1�,.- 89,982 ; ':'-�w-`r}f:
` `_:: $12,262/111.71
y 100%201$ %_ '' i :?i : r.; 2,350,217.71
':; •.. _
y 7,4°�20'�4 0, $12,410,919.71
'y :�t' 0°a20 5 : - •i�;: $12,454,417.71
X800
:ice ::• .. ;'<: •::: ?,rc;• $12,494,719.71
�: 50%201$
$40902.00 ..,.;"'•::,Y., .
• .gin•:• .. .i";�:;sir' - ... .. . :t,:::.�
x. . .50°k•201,7* k,:, . s•':�'3i�.' $12,535,845.71
S1)%2018" ii �= '`5'•• 2,576,971.71
x t $41,126.00
:50%.2019" $12,618,097.71
r•
CVS Pharmacy ''' .' cip r. -,: 'Rebate•A $12,618,097.71
':
100°/x2016 $12,618,097.71
.. .
°""" "1 IU.D%2017* ! :. s.-:T,' ''r`'• $12,658,963.71
100%2U18 $12,699,829.71
$12740695.71
::i. ,r2"'.'-'i;rr,;• '.14p./o�2Q1f! ,��•._.'. �Sb��fl^::i'`'
Page 4 of 7
SCHEDULE"I"
Cumulative as of June 30,2096
Project Designation:,East Waterloo Unified Tax Increment Financing District
Schedule I
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 403.99 2
$12,781,561.71
2
' .100%
'.$40;866:00
+: 04 06
--100%!2021*
$25,964,9
Cedar Valley Economic Development Principal $4,500.00 Contract $12,826,927.71
Midport Sign Fund 412 Principal $51,825.00 412 GO Bonds $12,878,752.71
Interest $23,665.40 412 GO Bonds $12,902,418,11
Midport Sign Fund 411 Principal $11,069.00 411 GO Bonds $12,913,487.11
Interest $7,637.70 411 GO Bonds $12,921,124.81
Cedar Valley FY2004 Principal $17,500.00 Contract $12,938,624.81
Fund 413 Taxable Principal $200,000.00 413 GO Bonds $13,138,624.81
Interest $76,609.00 $13,215,233.81
Fund 413 Taxable-Reallocate out of Principal $102,488.00) 413 GO Bonds $13,112,745.81
Mid ort Interest $38,889.00 $13,073,856.81
Fund 413 Tax Exempt Principal $100,000.00 413 GO Bonds $13,173,856.81
Interest $26,177.00 $13,200,033.81
Fund 413 Tax Exempt-Reallocate out of Principal $55,358,8 413 GO Bonds $13,144,674.94
Mid ort Interest $14,490,00
t-Reallocate to Principal $13,136,184.94
Fund 413 Tax Exempt p $41,466.)3 413 GO Bonds $13,088,718.01
Chamberlain Interest $10,856.00 $13,077,862.01
Fund 414 Taxable-Reallocate out of NE Ind Principal $1,000.00 414 GO Bonds $13,078,862.01
Park Interest $488.00 $13,079,350.01
Greater Cedar Valley Alliance FYE2005 Principal $17,500,00 Contract $13,096,850.01
Greater Cedar Valley Alliance FYE2006 Principal $17,500.00 Contract $13,114,350.01
Greater Cedar Valley Alliance FYE2007 Principal $17,500.00 Contract $13,131,850.01
Greater Cedar Valley Alliance FYE2008 Principal $32,000.00 Contract $13,163,850.01
Greater Cedar Valley Alliance FYE2009 Principal $32,(100.00 Contract $13,195,850.01
Greater Cedar Valley Alliance FYE2010 Principal $32,000.00 Contract $13,227,850.01
Greater Cedar VoRey Alliance FYE2011 Principal $9,500.00 Contract $13,237,350.01
$16,167.00 $13,253,517.01
Greater Cedar Valley Alliance FYE2012 principal Contract
Greater Cedar Valley Alliance FYE2013 Principal $24,000.00 Contract $13,277,517.01
Greater Cedar Valley Alliance FYB2014 Principal $16,166.67 Contract $13,293,683.68
Greater Cedar Valley AllianceFYE2015 Principal $59,333.33 Contract $13,353,017.01
Greater Cedar Valley AMan&.FYE2016: Principal: `.'$11i;166.67:i ;' ;�Contract . $13,369,183.68
1998 GO Bonds Refinanced-Deduct Old Principal $153,991.00 1998 GO Bonds $13,215,192,68
DebtService Interest $25,186,00 $13,190,006.68
1999 GO Bonds Refinanced-Deduct Old Principal $482,216.001999 GO Bonds $12,707,790.68
DebtService Interest. $173,967.00 $12,533,823.68
1998 GO Bonds Refinanced-2007 Add New Principal $155,051.00 2007 GO Bonds $12,688,874.68
DebtService Interest $22,397.00 $12,711,271.68
1999 GO Bonds Refinanced-2007 Add New Principal $485,540.00 2007 GO Bonds $13,196,811.68
Debt Service $135,891.00
$13,332,702.68
Interest
2000 GO Bonds Refinanced-Deduct Old principal $21,317.00
$13,311,385.68
DebtService Interest $4,839,76 $13,306,545.92
2000 GO Bonds Refinanced-2007 Add New principal $13,497,00
$13,324,042.92
DebtService Interest $4,320.00
2007 GO Bonds Refinanced-Deduct Old rind al $13,324,362.92
P P $2.34,751.D[l 2007 GO Bonds $13,089,611.92
DebtService interest $27,858,00 $13,061,753.92
2(107 GO Bonds Refinanced-2014 Add New principal $234,751.00 2014 GO Bonds $13,296,504.92
DebtService interest $20,774.00 $13,317,278.92
Fund 409 Taxable Principal $155,000.00 2009 GO Bonds $13,472,278.92
Interest $37,543.26 $13,509,822.18
TaadAcquisition:6g/200425C $14,032,367.43
nterest i , onact
$14,155,002.23
Msc.7mproyemenIs FY2002:B6rids:.; ritleipa $14,174,600.31
'•2002 GO Boric3s;
tP.J'2St'. t
.... $14,181,545.95
Hy VeeT'ease FY2005 i s :,';': . rznc?pa.r...:., W.1000M $14,271,545.95
nteiest.: 3 2005 GO Bons=
i, , d
.yw $14,302,865,95
Hy'Vee I:ease&Misc Improvements Fund P $14,352,865.95
)nn4 lir)Rte:; a
Page 5 of 7
SCHEDULE"1"
Cumulative as of June 30,2016
Project Designation: East Waterloo Unified Tax increment Financing District
Schedule 1
Indebtedness qualifying for Tax Increment Reimbursement
Under Section 03.19(2)
406.taxabl .;::r:': - :tterest. . :'::. :v�rv:uv u„xxN. $14,378522.77
Log4ari IF Iiitprovemgrytg pit?id:414''tazable.,•...?.,..exp +: $40,000.00 $14,418,522.77
.-2004-GO'BonC4.,'
:r•>..'i; '.;•r' lI(t2 Prat' ,$17?3.6.o2 $14,435,758.79
Logan:TIF Impi'ovenients F.vnd�407; Ppdj•i' ': '; X56;006.00 ' :' "- $14,465,758,79
�0074` :;�:': ; ,." ':•.._:'...°` 'Intert'st .r g;i`s zq':517,728.00 :z'",M'> $14,503,486.79
Logan I►ripiovenients'Fii 4f6 Taxable 'a==b" •'. ::$ 000.00 $14,578,486.79
Prinoi el , ;.
:;:;: .: �`•.: ,�•:`' est:
0.00 CQBtoilds
L
• ...• �; ..- . .• Inter .'.';�__. . �,1: �'�i,:.•,.•.:._. $14,602,236.79
ogan TlF Imerits'
piovemFu'iid 410•..• Frind $100,000.00 ` '- ' �! $14,702,236.79
a=•. 2 10+G— onds•
$14,720,392,07
kb'-94ii.'IFIriiprovementfuzu, Tazable Prinrrpaj $15,150,392.07
c:<;;_...." Interest:• $60,696.39 $15,211,088.46
20U2 GO Bonds Refiriaiiced Deduct Old priric)p0)*' .' :($13,76214) ' '' ^""a J''•• $15,197,326.32
Ae&t Service' w 2002. .
:•' Inter4 Bonds
ests%'.': ($3,173,13) . .� $15,194,153.19
2002 GOBonds Refinariceil-:Add NeivDe>?t paps] ' ;; $14,028.16`:: ' <... " $15,208,181.35
Seivice=Funif.'410 2016 GO.Bonds
$1,645.58 'S+ x $15,209,826.93
gM4,G0 Bonds�Zefii�ajnegd?(Hind 4T4)-., �ap��:� -. ;r r'.�r21,333 31) ': t�:' $15,188,493.62
educt'O1dDebtService: 20(14 GO; ot -
s. Interest,.:, $15,182,970.95
.2 G0 Bonds ReHnaiiced(Ptiiidgl;4)=Add Principal
°$21$33'5.7 $15,204,304.26
New;De#ii Setvice-Fvnd411, 'r=:•ac `F'" j 201 aisb'Bonds
_ ' .?:.Inter t. ". $2x3.28 &�'•�• $15,206,557.54
2006°GO-Bands Rgfinanee tu►ii:406!? >'=;
piuiaipal ',' $30,7.50.00). U �' $15,175,807.54
Deduct Old Debt Service:.' 2bd6G01onds
Interest:• 57; ��?) ::... .; $15,167,860.48
2Ij06 GO Bonds'Refiiiartced= 44.406).=-Add prin p�'• : <, .O:Ob 1'e"`` ' V' $15,198,610.48
r,. ,
New DelitSeryice;=l;uiiid;13'(2dI3}: .-'InteresE'; •' .'rr:',`i 2013 GO Bond4 r
52,8$4:20 .t. $15,201,504.66
r
r•'_
2008'GO Bonds Reallodiited to San Marnan-. Prinejpal° yis.. •Y($75,000.00 r�.r`ri+'` $15,126,504.68
FY11 y.'• :< 1;:::' 2o0�`G(:Biids:'
.,.. .;. •' . ',, " . -utterest' ($23;7„ DUO)..-u,:. $15,102,754.68
2007•,G $gfids'Reall6cated to San; ;'' :I?i<liici al
i1Q"!1 Y s. p :($1,9ij 6;80�• 0 ”4s. 5,083,613.88
?.'".. teXest ' *'; 2008 GO,Bon
{$6 $b5Fi} i. $15,076,827.32
200k�(,,Bouds Refinanced(Fiiridk1l05}.`=:':;: Prinapal.. :::',ti r000�Qo} $15,021,827.32
C�educb Old DelitServlc ''^ ':;s' 2005 GO Bonds•
;ar:•�, interest;_='•'-'- >'571;520:0.0} Y $15010,3
,P.` .. `,�`,i,::Ets• 07.32
..
2005 601}onds Iie#fionc6a(fund 405)-A% lz pa[`;• :$55,A00LOO i gz;" $15,065,307.32
New.Debt Sezvice-Fund 4 :K ri :CSO Bonds
1 12(2U12) °:;>: _Yitteiest
5524,0]' $25,964,904.06
Nor1hCbssi�g'=Stroh. b I'rinciFal aiid'. ,a;`, Con ';,':# $25,965,514.16
2017' Interest.,r,r;;'-±''x.$1,000,000:04 $25,973,51416
�:2018' _ :- 'i-+r, $1;000,000.00 .r `,'y : $26,001,514.16
$1,000,000:00 - ''`F•' $26,021,514.16
Q?o- 7; ';:+ '4j.� y$1,000,000.00 <;':.,-: $26,022,714.16
•..•
'2021 a'.` •`;�' *;': ni000,000.00 `"i spa x,024,714.16
rF:s�
2022;= 01b00.0U 1'eh4 $26,026,714.16
a* f.0�:..w
:2023!` z'1*+3i ?zr.- �: �:.= .•. Yb 000b:f70 $26,058,886.66
2024 $1;QQ4400 np. ` �;:: '. $26,067,317.43
Welter Purchase Principal $'x349,018.34 Advance $23,419,749.67
WIDAPurchase Principal $14,367.18 Advance $23,434,116.85
LaForge Grant Principal $214,463.00 Advance $23,648,579.85
PAA Land Release Principal $111,618.00 Advance $23,760,197.85
2002 GO Bonds Refinanced-Deduct Old Principal ($36,825.00) 1999 GO Bonds $23,723,372.85
Debt Service Interest ($146,172-66)– $23,577,200.19
2002 GO Bonds Refinanced-Add New Debt Prfnci al $37,09102 2010 GO Bonds $23,614,291.21
Service-Fund 410 Interest $75,805.14 $23,690,096.35
tandard Truddna Grant Princf al $99,985.00 Advance $23,790,081.35
Cedar y2Rey Warehouse,LLC Grant Principal $221,350.00 Advance $24,011,431.35
Andrew Lusson Grant Princi al 1 $56,575.50 1 Advance $24,068,006.85
CV Warehouse,LLC Grant II Princlpal 1 $271,582.00 Advance $24,339,588.85
Page 6 of 7
SCHEDULE"1"
Cumulative as of June 30,2016
Project Designation: East Waterloo Unified Tax Increment Financing District
Schedule 1
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 03.19(2)
MMC Properties Grant Principal $73,868.00 Advance $24,413,456.85
MidPort Airport Land Release Principal $29,316.29 Advance $24,442,773.14
Geraldine Rd RISE Grant Application Principal $2,000.00 Advance $24,444,773.14
INRCOG $24,144,773.14
MidPort Blvd-Airline Hwy Appraisal Principal $2,000.00 Advance $24,146,773.14
$24,446,773.14
Brownfield Assessment Grant A licationPrincipal $3,044,83 Advance $24,449,817.97
3730 Wagner Rd Acquisition Principal $100,604.50 Advance $24,550,422,47
Airport Release of Propertv ProperPrincipal $514.68 Advance $24,550,937.15
Airport Release of:I'ro;er' FYE16 :Principal: :$1;669.03 ::Advance` .: $24,552,606.18
Geo-Tech ESAS Principal $12,695.50 Advance $24,565,301.68
Endeavors Grant Principal $266,648.31 Advance $24,831,949.99
Con Agra Grant Principal $601,537,00 Advance $25,433,486.99
Con A' 'a Gr$ntPYE16
Advance $25,434,053.49
Administrative Expenses Principal $8,338.28 Advance $25,442,391.77
Administrative'Ez:ensesFYE16.' ` Principal'..:;:;° '$9;000.00 Advance;:- °: $25,451,391.77
AMARealEstate Principal $454,000.00 Advance $25,905,391.77
AMA 'rrtiase PYE 1.6 :_Piiricipal $1,174.00 . '- SAA yaiice*' $25,906,565.77
RISE Grant Application Principal $2,000.00 Advance $25,908,565.77
MidPdrt;$lv:d'.Pli"dse:IIIConstruction'? :"``;;; PYineipal $43,518:31 ?': '. •Adviirice: $25,952,084.08
OT ort''BF Asssessment GranE FY16 :=',;�':"' '"::Principab
$2,789.34 ';� Aiivance $25,454,873.42
TIP Mer er Misc Dev.-.FYE 2016';r "' Princi al $25,964,904.06
CVS P $10;030.fi4,:_' "Advance
Principal $610.10 Advance $25,965,514.16
Government Relations Contract FY12 Principal $8,000.00 Advance $25,973,514,16
Government Relations Contract FYI Principal $28,000.00 Advance $26,001,514.16
Government Relations Contract FY14 Principal $20,000.00 Advance $26,021,514.16
E 2nd St&Walnut St Apprafsal Principal $1,200.00 Advance $26,022,714.16
619 Franklin St Appraisal Principal $2,000.40 Advance $26,024,714.16
222 Walnut St Appraisal Principal $2,000.00 Advance $26,026,714.16
401-409 Franklin St Acquisition Principal $32,172.50 Advance $26,058,886.66
Administrative Expenses Principal $8,430.77 Advance $26,067,317.43
Institute For Decision Making Contract FYI Principal $500.00 Advance $26,067,817.43
Greater Cedar Vailey,Al ance C tract FYE Principal0'0 Advance $26,068,317.43
Ad Inistrative Ex erises
in. pE'20�Ifi4 ...: Princi alJ Advance'
:.a:,.. p e-8;500;00. $26,076,817.43
*Estimated
Page 7 of 7
SCHEDULE"2"
Cumulative as of June 30,2016
Project Designation:East Waterloo Unified Tax Increment Financing District
Schedule 2
Indebtedness Qualifying for Tax Increment Reimbursement
Under Section 3.19(2)
No. Year Received Amount Received from Other Revenue Cumulative Amount
Payments under Sec. Received
402.12(2)
1 FY 1996 $0.00 $0.00
2 FY 1997 $0.00 $0.00
3 FY 1998 $0.00 $0.00
4 FY 1999 $0.00 $0.00
5 FY 2000 $199,485.92 $199,485.92
6 FY 2001 $173,980.54 $373,466.46
7 FY 2002 $215,717.04 $589,183.50
8 FY 2003 $226,422.30 $815,605.80
9 FY 2004 $238,607.04 $1,054,212.84
10 FY2005 $329,246.96 $1,383,459.80
11 FY2006 $272,132.01 $1,655,591.81
12 FY2007 $397,671.99 $53,241.43 $2,106,505.23
13 FY2008 $637,199.62 $23,582.55 $2,767,287.40
14 FY2009 $1,069,139.97 $25,462.63 $3,861,890.00
15 FY2010 $1,316,827.13 $31,984.20 $5,210,701.33
16 FY2011 $1,456,744.28 $22,415.07 $6,689,860.68
17 FY2012 $1,548,988.55 $1,455.82 $8,240,305.05
18 FY2013 $1,747,169.21 $2,098.31 $9,989,572.57
19 FY2014 $1,733,207.11 $5,697.95 $11,728,477.63
20 FY2015 `'":$1992;038.57 ::;::;}:`::::`;$10;26423 $13,730,780.43
21 FY2016 ::$1;959,760.57 $15,700,138.15
22 FY2017* 59,244.0.0, $17,659,382.15
23 FY2018* $1,959,2147 QO $19,618,626.15
*ESTIMATED
CITY TIF FORM 4-iNDEBTEDNESS CERTIFICATION Cover Sheet
CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS
CERTIFICATION TO COUNTY AUDITOR
Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Tax Is Requested
Use One Certification Per Urban Renewal Area
City: Waterloo County: Black Hawk
Urban Renewal Area Name: East Waterloo Unified TIF
Urban Renewal Area Number. (Use five-digit Area Number Assigned by the County Auditor)
I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the
City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the
collective amount shown below,all of which qualify for repayment from the special fund referred to in paragraph 2
of Section 403.19 of the Code of Iowa.
Urban Renewal Area Indebtedness Not Previously Certified*: $ 8,100,409
*There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or
bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1 .)
The County Auditor shall provide the available TIF increment tax in subsequent fiscal years without further certification
until the above-stated amount of indebtedness is paid to the City. However,for any fiscal year a City may elect to
receive less than the available TIF increment tax by certifying the requested amount to the County Auditor on or
before the preceding December 1. (File'CITY TIF FORM 2'with the County Auditor by the preceding December 1
for each of those fiscal years where all of the TIF increment tax is not requested.)
A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax received from
the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year
of occurrence. (File'CITY TIF'FORM 3'with the County Auditor when TIF indebtedness has been reduced by any
reason other than application of TIF increment tax received from the County Treasurer.)
Notes/Additional Information:
Please note that we removed$223,710 in debt reductions and revenue adjustments using Form 3 that did not car
ry
to this form. Net debt outstanding at 6/30/2016 should be$10,376,679,28.
Please note that this report is for the new district created as a result of the merger of the Airport(District 07010) and
Logan(District 07035) urban renewal areas.
Dated this 23rd day of November 2016
319.291.4323
Signature of Authorized Official Telephone
CITY TIF FORM 1,1-To be attached to CITY TIF FORM 1-INDEBTEDNESS CERTIFICATION Page 1
TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR
City: Waterloo County: Black Hawk
Urban Renewal Area Name: East Waterloo Unified TIF
Urban Renewal Area Number: 00000 (Use five-digit Area Number Assigned by the County Auditor)
Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount:
1. Administrative Expenses FYE 2016$17,500 6/13/2016 17,500
FI'X'this box if a rebate agreement. List administrative details on lines above.
2. Greater Cedar Valley Alliance FYE 2016$16,667 12/21/2015 16,167
F_JW this box if a rebate agreement. List administrative details on lines above.
3. Airport Release of Property FYE 2016$1,669.03 3/4/14 1,669
FIXthis,box if a rebate agreement. List administrative details on lines above.
4. Con Agra Grant FYE 2016$566.50 5/26/2015 367
F1'X'this box if a rebate agreement. List administrative details on lines above.
5. AMA Real Estate purchase$1,174 11/23/2015 1,174
F]'X'this box if a rebate agreement. List administrative details on lines above.
If more indebtedness entry lines are needed continue to Form 1.1 Page 2.
Total For City TIF Form 1.1 Page 1: 37,077
*"Date Approved"is the date that the local governing body initially approved the TIF indebtedness.
CITY TIF FORM 1.1-To be attached to CITY TIF FORM 1-INDEBTEDNESS CERTIFICATION Page 2
TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR
City: Waterloo County: Black Hawk
Urban Renewal Area Name: East Waterloo Unified TIF
Urban Renewal Area Number: 00000 (Use five-digit Area Number Assigned by the County Auditor}
Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount:
6. MidPort Blvd Phase II Construction$43,518.31 3/14/2016 43,518
RW this box if a rebate agreement. List administrative details on lines above.
7. MidPort BF Assessment Grant$2,789.34 10/06/2014 2,789
FIX this box if a rebate agreement. List administrative details on lines above.
8.. TIF Merger Misc Development FYE 2016$10,031.64 6/13/2016 10,031
R'X'this box if a rebate agreement. List administrative details on lines above.
9. Cedar Valley Warehouse Estimate Rebate Increase:$6,494 9/4/2012 6,494
xn'X'thls box if a rebate agreement. List administrative details on lines above.
10.
RW this box if a rebate agreement. List administrative details on lines above.
If more indebtedness entry lines are needed continue to Form 1.1 Page 3.
Total For City TIF Form 1.1 Page 2: 62,832
*"Date Approved"is the date that the local governing body initially approved the TIF indebtedness.
CITY TIF FORM 1.1 -To be attached to CITY TIF FORM t -INDEBTEDNESS CERTIFICATION Page 3
TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR
City: Waterloo County: Black Hawk
Urban Renewal Area Name: East Waterloo Unified TIF
Urban Renewal Area Number: 00000 (Use five-digit Area Number Assigned by the County Auditor)
Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount:
11.UNI 6/13/2016 500
[]'X`this box if a rebate agreement. List administrative details on lines above.
12.North Crossing, LLC 1/25/2016 8,000,000
PX this box if a rebate agreement. List administrative details on lines above.
13.
n'X'this box if a rebate agreement. List administrative details on lines above.
14.
[]'X'this box if a rebate agreement. List administrative details on lines above.
15.
n'R this box if a rebate agreement. List administrative details on lines above.
If more indebtedness entry lines are needed continue to Form 1.1 Page 4.
Total For City TIF Form 1.1 Page 3. 8,000,500
""Date Approved"is the date that the local governing body initially approved the TIF indebtedness.
CITY TIF FORM 3
TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF
TIF INCREMENT TAX RECEIVED FROM THE COUNTY TREASURER
CERTIFICATION TO COUNTY AUDITOR
Use One Certification Per Urban Renewal Area
City: Waterloo County: Black Hawk
Urban Renewal Area Name: Waterloo Air ort Urban Renewal
Urban Renewal Area Number: 07010 (Use five-digit Area Number Assigned by the County Auditor)
I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the
City has reduced previously certified indebtedness, by reason other than application of TIF increment tax received
from the County Treasurer, by the total amount as shown below.
Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example,
you could have multiple indebtedness certifications in the Urban Renewal Area, and the County Auditor would need
to know which particular indebtedness certifcation(s)to reduce. If rebate agreements are involved with a reduction,
and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five-digit
county increment taxing district numbers for reference.
Individual TIF Indebtedness Type/Description/Details: Amount
d:
Interest received during FYE16:$9,597. Reduced:
97
Advanced Heat Treat Tax Rebate Estimate Adjustment:Decrease of$2,802 2,802
ConAgra Phase II Tax Rebate Estimate Adjustment:Decrease of$30,320 30,320
Accurate Gear Tax Rebate Estimate Adjustment: Decrease of$2,780 2,780
Howard Allen Investments Tax Rebate Estimate Adjustment:Decrease of$3,862 3,862
Anthony&Chris Huff Tax Rebate Estimate Adjustment: Decrease of$1,362 1,362
Ronan&Lisa Schwickerath Tax Rebate Estimate Adjustment:Decrease of$1,108 1,108
Rail Spur Improvements GO Bond'98 Administrative Correction:Decrease of$57,188 in Interest 57,188
CPM Acquisition Tax Rebate Estimate Adjustment:Decrease of$3,010 3,010
Hydrite Chemical Tax Rebate Estimate Adjustment:Decrease of$5,218 5,218
M&R Iowa, LLC(FED EX)Tax Rebate Estimate Adjustment:decrease of$25,682.84 25,683
Remove Wagner Road Platting(funded with GO bonds instead) 32,740
Avita Tax Rebate Estimate Adjustment:Decrease of$824 824
Walgreens Tax Rebate Estimate Adjustment:Decrease of$6,350 6,350
CVS Tax Rebate Estimate Adjustment: Decrease of$40,866 40,866
Total Reduction In Indebtedness For This Urban Renewal Area: 223,710
Dated this 23rd day of November 2016
319.291.4323
Signature of Authorized Official Telephone