HomeMy WebLinkAbout2018-843-11/19/2018 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2018-843
RESOLUTION APPROVING THE REQUEST OF RICHARD
FRANCIS FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW SINGLE FAMILY HOME
VALUED AT $173,200 FOR PROPERTY LOCATED AT 2010 E
DONALD STREET, AND LOCATED IN THE CITY LIMITS
URBAN REVITALIZATION AREA (CLURA).
WHEREAS, of Richard Francis has submitted an application dated November 13, 2018,
to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions for
construction of a new single family home valued at $173,200 for property located 2010 E.
Donald Street, and located in the City Limits Urban Revitalization Area (CLURA), more fully
described as follows:
THE NORTH THREE HUNDRED (300) FEET OF THE WEST SIX HUNDRED
SIXTY (660) FEET OF THE NORTHWEST QUARTER OF SECTION NO.
SEVENTEEN (17), TOWNSHIP NO. EIGHTY-NINE (89) NORTH, RANGE
NO. TWELVE (12), WEST OF THE FIFTH PRINCIPAL MERIDIAN IN THE
CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA, EXCEPT THAT
PART DEEDED TO THE BLACK HAWK COUNTY, IOWA FOR ROAD
PURPOSES IN DEED RECORD 503, PAGE 631 IN THE RECORDER'S
OFFICE OF 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 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 19th day of November 2018.
Resolution No. 2018-843
Page 2
Quentin Hart, Mayor
ATTEST:
Kelley Felchle
City Clerk