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HomeMy WebLinkAbout2018-803-11/5/2018 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2018-803 RESOLUTION APPROVING THE REQUEST OF PATRICIA A. GOLDSBERRY FOR TAX EXEMPTIONS ON THE CONSTRUCTION OF HOME IMPROVEMENTS VALUED AT $50,000 FOR A PROPERTY LOCATED AT 230 MONROE STREET, AND LOCATED WITHIN THE CONSOLIDATED URBAN REVITALIZATION AREA (CURA). WHEREAS, Patricia A. Goldsberry has submitted an application dated October 16, 2018, to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on the construction of home improvements valued at $50,000 for property located at 230 Monroe Street, and located in the Consolidated Urban Revitalization Area (CURA), more fully described as follows: HILLSIDE ADDITION WATERLOO LOT 5, BLOCK 8, IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. and, WHEREAS, said property is located within the designated Consolidated 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 Consolidated 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 Consolidated 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 5th day of November 2018. D34��V Quentin Hart, Mayor I e ley Felchl City Clerk