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Nevada council approves urban renewal tax split and several routine measures
Summary
At its Feb. 24 meeting the council passed the third and final reading of an ordinance splitting tax increment in the Nevada urban renewal area and approved a package of routine resolutions and payments, including a property tax levy resolution, streetlight addition and a contractor pay request.
The Nevada City Council at its Feb. 24 meeting approved the third and final reading of an ordinance providing for the division of taxes levied on taxable property in the Nevada urban renewal area, citing section 403.19 of the Code of Iowa, and approved a set of routine budget, street and utility items.
Council considered the urban renewal ordinance (identified in the meeting as "ordinance number 10 65 20 24 20 25") on its third and final reading and voted to approve the ordinance after no discussion was offered. The ordinance implements a…
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