HomeMy WebLinkAbout2012-215-03/12/2012Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703.
RESOLUTION NO. 2012-215
RESOLUTION APPROVING APPLICATION WITH BRENT
WILLIAMS FOR TAX EXEMPTIONS ON IMPROVEMENTS
TOTALING $127,000.00 FOR PROPERTY LOCATED AT
1515 AND 1517 BLACK HAWK ROAD IN THE CITY
LIMITS URBAN REVITALIZATION AREA (CLURA), IN
THE CITY OF WATERLOO, BLACK HAWK COUNTY,
IOWA.
WHEREAS, Brent Williams has submitted an application dated
February 10, 2012 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions on improvements
totaling $127,000.00 for property located at 1515 and 1517 Black
Hawk Road, more fully described as follows:
Lot Ten (10), Huntington Park, in the City of Waterloo,
Black Hawk County, State of Iowa except as follows:
Beginning at the Northwest corner of said Lot Ten (10);
thence Easterly along the North line of said Lot to the
Northeasterly corner of said Lot Ten (10); thence
Southwesterly along the Easterly line of said Lot Ten
(10) to the Southeast corner of said Lot Ten (10);
thence Northwesterly to the point of beginning.
And that part of Lot 11, Huntington Park, in the City
of Waterloo, Black Hawk County, State of Iowa,
described as follows: Beginning at the Northwest corner
of said Lot Eleven (11); thence N90°00'00"E Two Hundred
Forty -Nine and Seventeen Hundredths (249.17) feet
coincident with the North line of said Lot Eleven (11)
to the Northeast corner of said Lot Eleven (11); thence
S35°11'11"W Fifty -Two and Eighty Hundredths (52.80)
feet coincident with the Easterly line of said Lot
Eleven (11); thence S80°38'11"W Two Hundred Eighty -Five
and Thirteen Hundredths (285.13) feet to a point of the
Westerly line of said Lot Eleven (11); thence
N34°57'01"E One Hundred Nine and Twenty -Five Hundredths
(109.25) feet coincident with the Westerly of said Lot
Eleven (11) to the point of beginning containing
Twenty -Nine Thousand Twenty -Four and Six Tenths
(29,024.6) square feet, or Zero and Six Hundred Sixty -
Six Thousandths (0.666) acres, in the City of Waterloo,
Black Hawk County, Iowa;
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 improvement 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 improvements on said property were 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
Resolution No. 2012-215
Page 2
as adopted by the Legislature of the State of Iow.a 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
For the second year
For the third year
100%
100%
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 by
March 1, 2013.
PASSED AND ADOPTED this 12th day of March, 2012.
Ernest G. Clark, Mayor
ATTEST:
Suzy c ares, CMC
City Clerk