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(b) <br /> (1) <br /> <br />(2) <br /> <br />(c) <br /> (1) <br /> <br />(d) <br /> <br /> (e) <br /> <br />2. <br /> (a) <br /> <br />(b) <br /> (1) <br /> <br /> (2) <br /> <br /> (3) <br /> <br /> (4) <br /> (5) <br /> <br />(c) <br /> (1) <br /> <br />Funding shall consist of the following sources: <br />Annual increments received from general property taxes through the expiration of <br />each district; and <br />Interest earnings on the Tax Increment Fund from the distribution of pooled <br />interest earnings. <br /> <br /> Expenditures shall consist of the following uses: <br /> Transfers to the related debt service funds for principal, interest and fiscal charges <br /> on bond issued on projects in the tax increment financing districts until such time <br /> as all bonds are retired; and <br />(2) T .... ~'~ ,^ **,8 c ..... ;~ r~ .... ~ ..... * ^"*~';+~'; ......... * ~* * ...... ~ ten <br /> <br />(4) Costs levied by thc Counff for administration of thc tax increment financing <br /> districts; and <br />(5) Costs associated with tax increment financing projects as detailed in th~ a~ual <br /> Capital Improvement Program or as approved by thc Economic Development <br /> Authori~ and Ci~ Council. <br /> <br />(2) <br /> <br />The above policies shall at all times comply with Minnesota Statutes and any City <br />agreements currently in place or entered into in the future. <br /> <br />This fund is eligible for inter-fund loans. <br /> <br />Landfill Tipping Fee Fund. <br />The Landfill Tipping Fee Fund was shall be used to account for revenues and <br />expenditures as authorized by MS Section 115A.921 for mitigating and <br />compensating for the local risks, costs and other adverse effects of landfills. <br /> <br />Funding shall consist of the following sources: <br /> <br />Grants and reimbursements from efforts to reduce, ruse and recycling solid waste; <br />and <br />Revenues generated from charges at the annual clean-up day, which is projected to <br />be self-supporting; and <br />Revenues from the sale of waste oil and scrap metals; and <br />Interest earnings on the Landfill Tipping Fee Fund from the distribution of pooled <br />interest earnings. <br /> <br />Expenditures shall consist of the following uses: <br /> <br />Transfers to the General Fund for costs associated with Environmental Services in <br />the City in an amount that does not exceed the amount of interest earnings <br />projected and available in the Landfill Tipping Fee Fund; and <br /> <br />Page 2 of 13 <br /> <br /> <br />