Res 1980 - 63 Authorizing Transfer from Industrial Development Revenue Fund72-1
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I'VRESOLUTI N NO 80"
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4, heti RESOLUTION:AUT1
IORIZI46`'9�-RANSFEPc'FR(
INDUSTRIAL' VELOPMENTREVENUE FUND'
ll USTRIAL',DE
r, t Agi.-*Resolution *No4,..,�-79-nllO; ad6pted 6n:.Jgiiiidi� 16-,%1979,--,establi�,
gu 1: e s •'Ifo k the -1 s s uan ce (if -tax ek& d Sbm6nt, X in And '-b
mpt' Industrial- evel( ing y�
�-'�'thEG City;
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"WHEREAS, '�in&l 'r*-e-q"uir'e^ment tgat�. appl.i*cant's,.i,
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a
f of
�o al--develo�i-�en�"'fi*n�ancingr.must'�;tLbiTiit a, f iiian6ifig -'fed" to','the City—an
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,WHEREAS, in: a'c'&orddfice,with'�Reso ution.,No-. -79-110,%, C -irevehues.gene
4, roi�gh ldndu�-,tria revenue 'f inaficin*g"'fees'� !�hail be -'used for general-cdmmerci
ltimate-Citywpurpose;,
'i�rial-"�de-,i6lopinent-�piiip��ies' -oi_.foiE.'any 6ther. e
nd,
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and
the.,C U,-�hds -aii ''d_��ubli�ciat' 'f
WHEREAS., City. thorize preparatibfi�4n ion o
WHEREAS;- , - - - "A �- I i, rs.,�f -*tl�� -, - , - � `:1
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ette-jr,' to"Ysd`iv._e�:;as `anjij�,formatidhal; to 'fo-K- -t resident§,an`d,busi
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nessds within, tlie. community;' -
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;BE -IT.RESOLVED�by_ C6
NOW 'THEREFORE un'cil-pf."'the City'- f.Menddta,:.-,_-'�1
Heights * that- ..fifiancificr of - the.''C 14 t f
ity, News -le eemed an,appropria e, -use or
th
'a portion -of e-, re aratedithr' h ipd-us-tri-&J'L,deVe�loiDinent',ii�e e fees
venues;geni u
d
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`BE: IT -RES that
;FbR'THER OLVEDI, -'mohie§; bd..-Eransfekr , ed'r'.is n6ces'sary'
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Indu'sttial Development Rev6nueL Fund, to -'Eh6''.Gefieral- Fund to. reimbur§e,;.sai
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-1 NZ >-,Fund; for, any ex ,iditurres; rel6�Eing 'to- -prbpar�itioft..'z�n& dii�ftbA'ibn, of.-.tbe,_Cit
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:z-:"Ad6pted lb�,,,,tSe City, Coun(jil'?o-f",the's�C'it"!y,�"6 --Me Mendota` Ae.'igh- t*'s'-thf�i;'
f.- nd� .,<-lst' day of JUly,
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