HomeMy WebLinkAbout2009-163-03/02/2009 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2009-163
RESOLUTION APPROVING APPLICATION WITH WURU
TERRELL FOR TAX EXEMPTIONS ON IMPROVEMENTS
TOTALING $10 , 000 . 00 FOR PROPERTY LOCATED AT
1109 LOGAN AVENUE IN THE CONSOLIDATED URBAN
REVITALIZATION AREA PLAN, IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Wuru Terrell has submitted an application dated
February 18 , 2009 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions on improvements
totaling $10, 000 . 00 for property located at 1109 Logan Avenue,
more fully described as follows :
East Park Place Lot 7 Block 1, all in the City of
Waterloo, Black Hawk County, Iowa;
and,
WHEREAS, said property is located within the designated
Consolidated Urban Revitalization Area 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 Consolidated Urban Revitalization 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
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
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 by
February 1, 2010 .
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Reg0-113.tion No. 2009-163
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.„... ,-- - PASSED AND ADOPTED this 2nd day o Ma. fh, 2009 .
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