Resolution approving advances of funds for repayment from the City’s urban renewal tax…
Recorded in the minutes as “Resolution approving advances of funds for repayment from the City’s urban renewal tax increment revenue funds and directing the filing of certification under Iowa Code Section…”. Carried unanimously; names not recorded.
What this means (Tax increment financing (TIF)): Within an urban renewal area, the extra property tax from rising values can be set aside for a period of years to pay for projects or incentives in that area, instead of going to the usual taxing bodies.
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Recorded in the minutes as: “28. Resolution approving advances of funds for repayment from the City’s urban renewal tax increment revenue funds and directing the filing of certification under Iowa Code Section 403.19. 2026-0396 Motion: to adopt the proposed resolution”.
Motion as recorded: “to adopt the proposed resolution”.
Source Full minutes for the whole Apr 20, 2026 meeting, p. 7 (saved copy) · All votes at this meeting