HomeMy WebLinkAbout2018-731-10/1/2018 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2018-731
RESOLUTION APPROVING THE REQUEST OF CAM
CAMPBELL AND ALSTON CAMPBELL II FOR TAX
EXEMPTIONS ON THE CONSTRUCTION OF HOME
IMPROVEMENTS VALUED AT $35,000 FOR A PROPERTY
LOCATED AT 2837 E. 4TH STREET, AND LOCATED WITHIN
THE CONSOLIDATED URBAN REVITALIZATION AREA
(CURA).
WHEREAS, Cam Campbell and Alston Campbell Il have submitted an application dated
September 11, 2018, to the City Council of the City of Waterloo, Iowa, requesting to receive tax
exemptions on home improvements valued at $35,000, for property located at 2837 E. 4th Street,
and located in the City Limits Urban Revitalization Area (CURA), more fully described as
follows:
NORTH WATERLOO PLACE NORTH 1/2 LOT 19 BLOCK 4 LOT 20 BLOCK
4, WATERLOO, BLACK HAWK COUNTY, IOWA.
and,
WHEREAS, said property is located within the designated City Limits Urban
Revitalization Area (LURA) in Waterloo, Iowa, as previously established by the City Council of
the City of Waterloo, Iowa, and
WHEREAS, the home improvements are 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 1"day of October 2018.
Quentin Hart, Mayor
Resolution No. 2018-731
Page 2
ATTEST:
Kelley Fel le
City Clerk