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Tama County approves $448,420 transfer from Vienna TIF to cover bond payment
Summary
The board approved a transfer of $448,420 from the Vienna TIF Fund to the Debt Service Fund to cover a June 1 bond payment; minutes note this is an annual transfer and about five years remain on the bonds.
Tama County supervisors approved a transfer of $448,420 from the Vienna TIF Fund to the Debt Service Fund to cover an upcoming bond payment due June 1, the county auditor requested during the April 20 meeting.
Auditor Karen Rohrs said the transfer would pay the bond payment and that the bonds have roughly five years remaining; the board unanimously adopted RESOLUTION 4-20-2026C to effect the transfer after a motion by Supervisor Curt Hilmer and seconded by Supervisor David Turner.
The minutes identify the funds as tax collections held in the Vienna TIF Fund and record the roll call vote as aye by all supervisors. The resolution instructs the auditor to transfer the specified amount to the Debt Service Fund for the scheduled payment.
