Park Ridge · Public record
Uptown TIF transfer to reimburse the Parking Fund for the Library parking lot
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On May 2, 2022 the City Council approved, on its consent agenda, budget amendments increasing the Uptown TIF Fund's transfer out by $499,560 to reimburse the Parking Fund for non-reimbursed costs of building the Library parking lot. The staff memo calls the remaining construction and design costs TIF eligible expenses. The consent agenda motion carried.
Documented status: Approved (recorded), May 2 2022. Evidence dated . Later outcomes require a later source.
What changed, and when did it take effect?
· Approved · Recorded in minutes
City Council approves the TIF transfer
Meeting date: May 2 2022. Agenda item 1. (consent agenda): Approve SY2021 budget amendments to the Uptown TIF Fund and Parking Fund. Item VIII.A.1: the motion carried. Budget: $499,560 for construction.
p. 1 · Staff memo of Approve SY2021 budget amendments to the Uptown TIF Fund and Parking Fund. (Memorandum), City Council, May 2 2022. Open the quote and source.
p. 3 · Approved minutes of City Council minutes, 2022-05-02, City Council, May 2 2022. Open the quote and source.
p. 3 · Approved minutes of City Council minutes, 2022-05-02, City Council, May 2 2022. Open the quote and source.
p. 1 · Approved minutes of City Council minutes, 2022-05-02, City Council, May 2 2022. Open the quote and source.
What was requested, recommended, approved, contracted, reported paid and completed?
Amounts are read from the cited pages and added up by code. A recommendation, an award or an authorized amount does not establish that money was paid.
Budget · May 2, 2022
$499,560
Construction
p. 1 · Staff memo of Approve SY2021 budget amendments to the Uptown TIF Fund and Parking Fund. (Memorandum), City Council, May 2 2022. Open the quote and source.
Contracts, payments and completion
No contract, payment or completion record is published for this item. Approval alone does not establish completion.
Which parcels, agencies, businesses and projects are explicitly connected?
Official identifiers and exhibit listings connect records. A name, an address or distance alone only suggests a connection.
No explicit connection is published for this item.
What remains unresolved?
Open
The remaining non-reimbursable construction and design costs are TIF eligible expenses
Confirm dates with the City before relying on them.
p. 1 · Staff memo of Approve SY2021 budget amendments to the Uptown TIF Fund and Parking Fund. (Memorandum), City Council, May 2 2022. Open the quote and source.
Open
reimburse the Parking Fund for non-reimbursed expenditures of the Library Parking Lot construction
Confirm dates with the City before relying on them.
p. 1 · Staff memo of Approve SY2021 budget amendments to the Uptown TIF Fund and Parking Fund. (Memorandum), City Council, May 2 2022. Open the quote and source.
Open questions
No open question is recorded for this item.
What does the evidence suggest, and what would change it?
No conflicting records are published for this item.
Official source records
- Approve SY2021 budget amendments to the Uptown TIF Fund and Parking Fund. (Memorandum)
City Council, May 2 2022
- City Council minutes, 2022-05-02
City Council, May 2 2022
Editions and corrections
Each published change is a new edition. Corrections say what changed and why.
Edition 2(current)
Edition 2: 2 revised.
Edition 1(shown on this page)
First edition.