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Resolution - 2023 - 23-25 - Delcaring Intent To Recover 1% Of Forgone Propert Tax Balance For Fy 2024 - 08/08/2023 RESOLUTION NO. 23-25 A RESOLUTION OF THE CITY OF EAGLE, IDAHO, DECLARING THE INTENT TO RECOVER ONE PERCENT (1%) OF THE CITY'S FORGONE PROPERTY TAX BALANCE IN THE AMOUNT OF $47,258 FOR FISCAL YEAR 2024. WHEREAS, the City Council of the City of Eagle has the power to recover forgone property taxes pursuant to Idaho Code § 63-802; and WHEREAS, the purpose for the levy of the forgone taxes is for general maintenance and operations; and WHEREAS, the legal notice of a public hearing regarding the use of forgone taxes was duly published on July 28, 2023, and again on August 7, 2023; and WHEREAS, a public hearing will be held on Tuesday, August 8, 2023, at 6:00 p.m. at Eagle City Hall, 660 E. Civic Lane, Eagle, Idaho; and WHEREAS, the City Council wishes to recover one percent (1%) of the forgone property taxes in the total amount of$47,258. NOW, THEREFORE BE IT RESOLVED BY THE CITY OF EAGLE, that pursuant to the authority of Idaho Code § 63-802, the Eagle City Council hereby certifies that $47,258 in forgone property taxes shall be used for the specific purpose outlined above. ADOPTED by the Eagle City Council, Eagle, Idaho, this day of 2023. APPROVED: \S� Jason, ier e, Mayor ATTEST: i OV- EA CC 's.......-.- ; Tracy sborn, CMC ; City Clerk . * SE Posso 10 Ls•p �, S •....• •,'� rq?Eofl