Item Coversheet

Council Communication

Department: Community Development
Case/Project No.: URN-22-001
Submitted by: Courtney Harter, Community Development Director 
Ordinance 6496
ITEM 6.E.
Council Action: 5/9/2022
Description

Ordinance providing that general property taxes levied and collected each year on all property located within the Valley View North Urban Renewal Area, by and for the benefit of the State of Iowa, City of Council Bluffs, County of Pottawattamie, Lewis Central Community School District, and other taxing districts, be paid to a special fund for payment of principal and interest on loans, monies advanced to and indebtedness, including bonds issued or to be issued, incurred by the City in connection with the Valley View North Urban Renewal Area (The Valley View North Urban Renewal Plan.) URN-22-001

Background/Discussion

See attached staff report. 
Recommendation

ATTACHMENTS:
DescriptionTypeUpload Date
Staff ReportStaff Report4/28/2022
Exhibit 1 - Valley View North Urban Renewal PlanOther4/28/2022
Ordinance 6496Ordinance5/3/2022