HomeMy WebLinkAbout2000-03-06-Resolutions 00-29_TIF - Policy for Rebate Formatted DistrictsRESOLUTION NO.00-29 IAPPROVINGTAXINCREMENTFINANCING(TIF)DISTRICT POLICY FOR
REBATE FORMATTED TIF DISTRICTS
WHEREAS,the City believes that we need a healthy business environment to support
our City and Schools through tax revenue;and
WHEREAS,the City believes that we need to remain competitive with financial
incentives to attract new business;and
WHEREAS,the City's infrastructure will be greatly enhanced with this policy;and
WHEREAS,the City wants to mitigate the negative fiscal impact of our annual budget
by increasing tax revenue by the new businesses coming in;
NOW,THEREFORE,BE IT RESOLVED that the City of Waukee hereby states its
intention to pass the resolution Approving Tax Increment Financing (TIP)District Policy
For Rebate Formatted TIP Districts.
Passed and approved On March 6,2000.
D nald L.Bailey,Jr.,Mayor
Attest:
ROLLCALL AYES NAYS ABSENT
Nick Gruber
Marvin Berger
Mike Watts
Wayne Johnson
Bill Peard
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