Title 07 Finance
Chapter 07.08 Funds
Article III. Debt Service Funds
Section 07.08.204 Iron Bridge TIF Debt Service Fund
There is established a debt service fund to be known as the “Iron Bridge TIF Debt Service Fund” into which shall be deposited property taxes related to improved property contained in the Iron Bridge Tax Increment Financing District. The fund will be used to accumulate these resources to pay for general long-term debt principal and interest related to the district.
Date Passed: Monday, November 2, 2009
Effective Date: Friday, December 11, 2009
ORD C34501 Section 1
