Resolutions-2009-30 (2)

RESOLUTION 2009- 30 A RESOLUTION AUTHORIZING THE USE OF TIF FUNDS FOR FINANCING THE 2009 IRELAND AVENUE WATER MAIN AND SANITARY SEWER EXTENSION PROJECT WHEREAS: the City Council notes that the 2009 Ireland Avenue Water Main and Sanitary Sewer Extension Project will create an economic benefit to the City; AND WHEREAS: the area of extension of sanitary sewer lies within the existing TIF district in the City; AND WHEREAS, the City Council desires to use TIF funds for payment of the construction of the 2009 Ireland Avenue Water Main and Sanitary Sewer Extension Project. NOW THEREFORE, BE IT RESOLVED by the City of Tiffin, Iowa, that. the City Council hereby authorizes the use -of TIF funds by the City for payment of the 2009 Ireland Avenue Water Main Sanitary Sewer Extension Project. 12th On this day of August 2009, at a regular meeting of Tiffin City Council, Tiffin, Iowa, Council person Mark Petersen introduced A RESOLUTION AUTHORIZING THE USE OF TIF FUNDS FOR FINANCING THE 2009 IRELAND AVENUE WATER MAIN AND SANITARY SEWER EXTENSION PROJECT and made a motion for approval. The motion was- seconded by Council person John Wright. AYES: Chris Ball, Jim Bartels, Mike Gericke, Mark Petersen, John Wright. NAYS: None ABSENT: None WHEREUPON., five votes, approved, Mayor Phillips declared that Resolution 2009- 30 be adopted and signified his approval of the same by affixing his signature thereto. PASSED, AND APPROVED THIS 12TH DAY OF August 2009. FOrZ62WE Attest to: Ruth Demuth, City Clerk of Tiffin, Iowa