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HomeMy WebLinkAbout2017-800-9/25/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2017-800 RESOLUTION APPROVING THE REQUEST OF TYSON FRESH MEATS, INC. FOR INDUSTRIAL PROPERTY TAX EXEMPTIONS ON THE EXPANSION FOR PROPERTY LOCATED AT 501 N. ELK RUN ROAD. WHEREAS, Tyson Meats, Inc. has submitted an application dated September 13, 2017 to the City Council of the City of Waterloo, Iowa, requesting to receive industrial property tax exemptions for renovation and expansion of a commercial building, for the property located at 501 N. Elk Run Road and legally described as follows: ALL THAT PART OF NE 1/4 SEC 21 T 89 R 12 LYING SLY OF RR & EXC RD, BLACK HAWK COUNTY, IOWA, and, WHEREAS, the Planning, Programming, and Zoning Commission staff has reviewed the application and feels that the renovations qualify for exemptions from taxes on the actual value added to the Industrial property under the Industrial Property Tax Exemption requirements, and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that said application of Tyson Meats, Inc. is hereby approved and the City Clerk is authorized and directed to forward said application, and a copy of this resolution to the Black Hawk County Assessor. PASSED AND ADOPTED this 25t`day of September 2017. Quentin Hart, Mayor ATTEST: Kelley Felch City Clerk