Ordinances-2017-400 - 2017 Park Place Urban Renewal Area

DocuSign Envelope ID: F78D2D2E- 9A27-4E0E-840A-14973C5FC2D8 MINUTES PROVIDING FOR PASSAGE OFAN ORDINANCE ESTABLISHING AN URBAN RENEWAL TAX INCREMENT FINANCING DISTRICT FOR THE 2017 PARK PLACE COMMERCIAL URBAN RENEWAL AREA 2017 Park Place Commercial Urban Renewal Area 436989-16 Tiffin, Iowa May 2,2017 The City Council ofTiffin, Iowa, met onMay2,2017 atseven pm., attheCity Hall Council Chambers, intheCity. The Mayor presided and therollwas called showing themembers present and absent, as follows: Present: Upton, Bartels, Havens, Ryan, Kahler Absent: None. Council Member Ryan introduced anordinance 2017-400. An Ordinance providing forthedivision oftaxes levied ontaxable property inthe2017 Park Place Commercial Urban Renewal Area, pursuant toSection Itwas moved byCouncil Member Ryan andseconded byCouncil Member Bartels that theordinance beadopted. The Mayor putthequestion onthemotion andtherollbeing called, thefollowing named Council Members voted: Ayes: Upton, Bartels, Havens, Ryan, Kahler. Nays: None. Whereupon, theMayor declared themotion duly carried anddeclared thatsaid ordinance hadbeen given itsinitial consideration.