contract agreement · I-1

I-1 - Urban Renewal Plan Amendment

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2) Required Financial Information. The following information is provided in accordance with the requirements of Section 403.17 of the Code of Iowa: Constitutional debt limit of the City: $40,044,588 Outstanding general obligation debt of the City: $18,652,300 Proposed debt to be incurred in area to be added in connection with this March, 2025 Amendment*: $ 4,500,000 *It is anticipated that some or all of the debt incurred hereunder will be subject to annual appropriation by the City Council. 2 4926-1171-0235\1

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