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(b) <br /> (1) <br /> <br />(2) <br /> <br />(c) <br /> (1) <br /> <br />(2) <br /> <br />(3) <br /> <br />(d) <br /> <br /> (c) <br /> <br />2. <br /> (a) <br /> <br />(b) <br /> (1) <br /> <br /> (2) <br /> <br /> (3) <br /> (4) <br /> <br />(c) <br /> (1) <br /> <br /> (2) <br /> (d) <br /> <br />3. <br /> (a) <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 />lnterest 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 />Costs levied by the County for administration of the tax increment financing <br />districts; and <br />Costs associated with tax increment financing projects as detailed in the annual <br />Capital hnprovement Program or as approved by the Economic Development <br />Authority and City Council. <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 used to account for revenues and expenditures <br />as authorized by MS Section 115A.921 for mitigating and compensating for the <br />local risks, costs and other adverse effects of landfills. <br /> <br />Funding shall consist of the following sources: <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-snpporting; 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 />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 />Costs associated with the annual clean-up day. <br /> <br />This fund is not eligible for inter-fund loans. <br /> <br />Community Development Block Grant Fund. <br />The Community Development Block Grant Fund shall be used to account for all <br />revenues and expenditures in conjunction with the Community Development <br />Block Grant (CDBG) program activities. <br /> <br />(b) This fund is not eligible for inter-fund loans. <br /> <br />Page 2 of 13 <br /> <br /> <br />