HomeMy WebLinkAbout2019-448-06/17/2019Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-448
RESOLUTION APPROVING THE REQUEST OF HUSEIN
LATIC FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF HOME IMPROVEMENTS VALUED AT $40,000, FOR
PROPERTY LOCATED AT 1002 WILLISTON AVENUE,
AND LOCATED WITHIN THE CONSOLIDATED URBAN
REVITALIZATION AREA (CURA).
WHEREAS, Husein Latic has submitted an application dated April 29, 2019, to the City
Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on the construction
of home improvements valued at $40,000 for a property located at 1002 Williston Avenue, and
located in the Consolidated Urban Revitalization Area (CURA), more fully described as follows:
GREENFIELD ADDITION, LOT 6, BLOCK 1, 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 17th day of June 2019.
ATTEST:
elley Felchle, C
Quentin Hart, Mayor