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HomeMy WebLinkAbout~Master - Annual Urban Renewal Report RESOLUTION NO. 12-599 RESOLUTION APPROVING ANNUAL URBAN RENEWAL REPORT FOR THE CITY OF AMES,IOWA WHEREAS, during the last legislative session,the State of Iowa passed an Urban Renewal and Tax Increment Financing Reform bill, and the provisions of the bill included new reporting requirements; and, WHEREAS, one of the required reports is the Annual Urban Renewal Report, which must be approved by the governing board and provided to the Iowa Department of Management to be made available to the public on an internet site; and, WHEREAS,this report includes uploading documents related to the urban renewal districts, such as the plan document and City Council action establishing the district, as well as financial information on TIF funds related to urban renewal districts; and, WHEREAS, the due date for the report to be filed is December 1 of each year; and, WHEREAS, the penalty for non-compliance is withholding certification of tax levies; and, WHEREAS, the report is for the fiscal year ending June 30, 2012. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the City's Annual 2012 Urban Renewal Report is hereby approved. ADOPTED THIS 27t'' day of November, 2012. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Davis Seconded by: Orazem Voting aye: Davis, Goodman, Larson, Orazem, Szopinski, Wacha Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 27t' day of November, 2012.