HomeMy WebLinkAbout2018-892-12/17/2018 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2018-892
RESOLUTION APPROVING THE REQUEST OF JENNIFER E.
SMITH FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF ANEW SINGLE FAMILY DWELLING VALUED AT
$220,000 FOR PROPERTY LOCATED AT 221 GILBERT
STREET AND LOCATED WITHIN THE CONSOLIDATED
URBAN REVITALIZATION AREA (CURA).
WHEREAS, Jennifer E. Smith has submitted an application dated December 4, 2018, to
the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on the
construction of a new single, family dwelling valued at $220,000 for property located at 221
Gilbert Street, and located in the Consolidated Urban Revitalization Area (CURA), more fully
described as follows:
LOT NOS. TEN (10), ELEVEN (11) AND TWELVE (12), BLOCK EIGHT (8),
AUDITOR RAINBOW'S PLAT MAYWOOD 2ND FILING, AND THAT PART
OF THE VACANT ALLEY THAT LIES EAST OF A LINE DRAWN FROM
THE NORTHEAST CORNER OF LOT NO. SIXTEEN (16) IN BLOCK EIGHT
(8) TO THE SOUTHEAST CORNER OF LOT NO. NINE (9) IN BLOCK (8),
AUDITOR RAINBOW'S PLAT MAYWOOD 2ND FILING, AND WEST OF
THE WESTERLY LINE OF GILBERT STREET (FORMERLY KNOWN AS
MADISON AVENUE) SUBJECT TO A PERMANENT EASEMENT OVER
THE EAST THIRTY-NINE (39) FEET OF SAID VACATED ALLEY, ALL
SITUATED IN WATERLOO, BLACK HAWK COUNTY, IOWA. APN #
891229358028.
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 17th day of December 2018.
Resolution No. 2018-892
Page 2
Quentin Hart, Mayor
°A TtST:
elley Felch
City Clerk