HomeMy WebLinkAbout2015-227-4/6/2015 Prepared by Nancy Higby, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323 .
RESOLUTION NO. 2015-227
RESOLUTION APPROVING APPLICATION WITH ENISA
KAJTAZOVIC FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW SINGLE FAMILY HOME
VALUED AT $290, 000 . 00 FOR PROPERTY LOCATED AT
5039 SWEET WATER CIRCLE IN THE CITY LIMITS
URBAN REVITALIZATION AREA (CLURA) , IN THE
CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Enisa Kajtazovic has submitted an application dated
March 27, 2015 to the City Council of the City of Waterloo, Iowa,
requesting to receive tax exemptions for the construction of a
new single family home valued at $290, 000 . 00 for property located
at 5039 Sweet Water Circle, more fully described as follows:
South Fork Estates Second Addition a replat of South
Fork Estates First Addition Lot 20 . City of Waterloo,
Black Hawk County, Iowa.
Subject to easements, restrictions, covenants,
ordinances and limited access provisions of records;
and,
WHEREAS, said property is located within the designated City
Limits Urban Revitalization Area (CLURA) in Waterloo, Iowa, as
previously established by the City Council of the City of
Waterloo, Iowa, and
WHEREAS, the new construction project respecting said
property is in conformance with the City Limits Urban
Revitalization Area (CLURA) Plan as officially adopted by the
City Council for the City of Waterloo, Iowa, and
WHEREAS, the new construction on said property was made
during the time in which such improvements are eligible for the
tax exemption as set forth in the City Limits Urban
Revitalization Area (CLURA) Plan as adopted by the City Council
of the City of Waterloo, Iowa, and as set forth in the Urban
Revitalization Act as adopted by the Legislature of the State of
Iowa and signed by the Governor of the State of Iowa, and
WHEREAS, said applicant is requesting the following three-
year exemption schedule:
For the first year 1000
For the second year 1000
For the third year 1000
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA, that said application is hereby approved
and the pity Clerk is hereby authorized and directed to forward
said-application and a copy of this resolution to the Assessor.
PASSED AND ADOPTED this 6th d of April, 2015 .
Ernest G. Clark, Mayor
ATTEST:
I'ffiy lerk
ares, CMC
City