HomeMy WebLinkAbout2019-44-1-28-19Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-44
RESOLUTION APPROVING THE REQUEST OF KATHYRN F.
GRIMM FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF A NEW SINGLE FAMILY HOME VALUED AT $333,000
FOR PROPERTY LOCATED AT 3813 TRENT LANE, AND
LOCATED IN THE CITY LIMITS URBAN REVITALIZATION
AREA (CLURA).
WHEREAS, Kathyrn F. Grimm has submitted an application dated January 9, 2019, 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 $333,000 for property located 3813 Trent
Lane, and located in the City Limits Urban Revitalization Area (CLURA), more fully described
as follows:
UNIT D AND THE UNDIVIDED PERCENTAGE INTEREST IN THE
COMMON ELEMENTS APPURTENANT TO SAID UNIT, SUNNYSIDE
COVE CONDOMINIUMS OF WATERLOO, BLACK HAWK COUNTY,
IOWA RECORDED MARCH 20, 2018 IN DOC. #2018-15265 AS LAID OUT
ON A PART OF PARCEL "M" OF PLAT OF SURVEY 343 MISC. 864 FILED
SEPTEMBER 7, 2001.
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 confo mance 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 28`h day of January 2019.
Resolution No. 2019-44
Page 2
Quentin Hart, Mayor
ATTEST:
Le M. M. Eten, CMC, IaCMC
Deputy City Clerk