Resolutions-2011-55

RESOLUTION 2011 - 55 A RESOLUTION TO CERTIFY 2012 -2013 TIFFIN, IOWA TIF REVENUE REQUEST TO THE JOHNSON COUNTY, IOWA AUDITOR WHEREAS, the City of Tiffin, Iowa is required to certify the TIF Increment Tax revenue request for fiscal year 2012 -2013 to the Johnson County, Iowa Auditor per Iowa Code Section 403. 19 Tax Increment Financing Indebtedness. WHEREAS, the City of Tiffin, Iowa needs to prepare and certify with the Johnson County, Iowa Auditor' s Office by December 1, 2011 the estimated amounts needed to fund indebtedness for Capital Improvement Projects identified and approved by the City Council of Tiffin within the named Urban Renewal Areas, Iowa to expend appropriated TIF Funds as the City Council deems necessary for the continuation of growth and betterment of the community. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL 0 F THE CITY OF TIFFIN, IOWA to authorize Mayor and City Clerk to prepare and submit to the Auditor of Johnson County, Iowa an updated 2011 TIF Certification request. Motion made by Councilperson: Travis Weipert and Seconded by Councilperson Ball for approval of Resolution 2011 - 55 A RESOLUTION TO CERTIFY 2012 - 2013 TIFFIN, IOWA TIF REVENUE REQUEST TO THE JOHNSON COUNTY, IOWA AUDITOR. Aye: Chris Ball, Mike Gericke, Travis Weipert Nay: None Absent: Jim Bartels, Mark Petersen Whereas with three votes by City Council members, Mayor Royce Phillips declared Resolution 2011 -55 A RESOLUTION TO CERTIFY 2012 -2013 TIFFIN, IOWA TIF REVENUE REQUEST TO THE JOHNSON COUNTY, IOWA AUDITOR approved and therefore affixes his signature. PASSED AND APPROVED THE 30nd day of November 2011. ATT Ruth Demuth, City Clerk