HomeMy WebLinkAbout~Master - Annual 2015 Urban Renewal Report RESOLUTION NO. 15-696
RESOLUTION APPROVING ANNUAL 2015 URBAN RENEWAL REPORT
FOR THE CITY OF AMES
WHEREAS,the 2012 Iowa Urban Renewal and Tax Increment Financing(TIF)Reform bill
included provisions for reporting, including 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 filing is December 1 of each year,and the penalty for
non-compliance is withholding certification of tax levies; and,
WHEREAS,the report includes financial information for the South Bell TIF district,the only
active TIF for the City; and,
WHEREAS,documents for the ISU Research Park and Campustown(Kingland)TIF districts
have been uploaded to the Department of Management website and will be available for public
viewing; and,
WHEREAS,the Annual Urban Renewal Report is for the fiscal year ending June 30, 2015.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the 2015 Urban Renewal Report is hereby approved.
ADOPTED THIS loth day of November, 2015.
Awo cy/.
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Betcher
Seconded by: Nelson
Voting aye: Betcher, Corrieri, Gartin, Goodman,Nelson, Orazem
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 1 Oth day of November, 2015.