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HomeMy WebLinkAbout08-23JANUARY 22, 2008 08-23 RESOLUTION (CARRIED~~~~LOST LAID OVER WITHDRAWN ) PURPOSE: TRANSFER TIF BOND PROCEEDS INITIATED BY: FINANCE DEPARTMENT WHEREAS, it is anticipated that TIF 18 will require funding for projects to be constructed in 2008; and WHEREAS, TIF's 12, 14 and 19 have unspent bond proceeds available to finance such projects. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh that the amount of $91,113.99 be transferred from unspent bond funds in TIF 12, that the amount of $100,116.03 be transferred from unspent bond funds in TIF 14, and the amount of $120,000.00 be transferred from unspent bond funds in TIF 19 to TIF 18.