HomeMy WebLinkAbout2019-075-2/11/19Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-75
RESOLUTION APPROVING THE REQUEST OF SHANE R.
BETHANY FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF HOME IMPROVEMENTS VALUED AT
$26,000 FOR PROPERTY LOCATED AT 1040 COTTAGE
STREET AND LOCATED WITHIN THE CONSOLIDATED
URBAN REVITALIZATION AREA (CURA).
WHEREAS, Shane R. Bethany has submitted an application dated January 31, 2019, to
the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on the
construction of home improvements valued at $26,000 for property located at 1040 Cottage
Street, and located in the Consolidated Urban Revitalization Area (CUBA), more fully described
as follows:
ROSE HILL FIRST ADDITION LOTS 2 AND 3 BLOCK 9, 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 improvements are 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 11th day of February 2019.
a
ATTEST:-
Resolution No. 2019-75
Page 2
elley Felchl
City Clerk