HomeMy WebLinkAbout2018-638-8/27/2018 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2018-638
RESOLUTION APPROVING THE REQUEST OF LEE AND
MARY GALLOWAY FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF HOME IMPROVEMENTS VALUED AT
$37,000 FOR A PROPERTY LOCATED AT 633 BOSTON
AVENUE, AND LOCATED WITHIN THE CONSOLIDATED
URBAN REVITALIZATION AREA (LURA).
WHEREAS, Lee and Mary Galloway has submitted an application dated July 30, 2018, to
the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on the
construction of home improvements valued at $37,000 for property located at 633 Boston
Avenue, and located in the City Limits Urban Revitalization Area (CURA), more fully described
as follows:
NORTH WATERLOO PLACE LOT 19, BLOCK 8, IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
and,
WHEREAS, said property is located within the designated City Limits Urban
Revitalization Area (CURA) in Waterloo, Iowa, as previously established by the City Council of
the City of Waterloo, Iowa, and
WHEREAS, the construction of home improvements is in conformance with the City
Limits Urban Revitalization Area (CURA) Plan as officially adopted by the City Council for the
City of Waterloo, Iowa, and
WHEREAS, the improvements on said property were made during the time in which such
improvements are eligible for the tax exemption as set forth in the City Limits Urban
Revitalization Area (CURA) 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 100%
For the second year 100%
For the third year 100%
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WATERLOO, IOWA, that said application is hereby approved and the City Clerk is hereby
authorized and directed to forward said application and a copy of this resolution to the Assessor.
PASSED AND ADOPTED this 27th day of August 2018.
Quentin Hart, Mayor
Resolution No. 2018-638
Page 2
ATTEST:
LeAru M. Even, CMC, IaCMC
Deputy City Cler