HomeMy WebLinkAbout2015-922-12/7/2015 Prepared by Nancy Higby, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-
4323 .
RESOLUTION NO. .2015-922
RESOLUTION APPROVING APPLICATION WITH LARRY
NELSON FOR TAX EXEMPTIONS FOR THE REMODEL OF
A DUPLEX VALUED AT $35, 000. 00- FOR PROPERTY
LOCATED AT 701-703 MILWAUKEE AVENUE AND
LOCATED WITHIN THE CONSOLIDATED URBAN
REVITALIZATION AREA (CURA) , IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Larry Nelson has submitted an application dated
October 27, 2015 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions for remodel
duplex valued at $35, 000 . 00 of a
for property located at 701-703
Milwaukee Avenue, more fully described as follows :
South 1/2 of the East 1/2 of Lot 17, Maywood Third
Addition, Waterloo, Black Hawk County Iowa in the
and, City of Waterloo, Black Hawk County, Iowa,
WHEREAS, said property �
Consolidated Urban Revitalization Area e(CURA) hin Waterloo
in the lgnated
r
as previously established by the Cit Iowa,
Waterloo, Iowa, and Y Council of the City of
WHEREAS, the new construction
Property is in project respecting said
Revitalization Area conformance -with the Consolidated
Council for the Cit (LURA) Plan as officially adopted b Urban
City of Waterloo, Iowa, and Y the City
WHEREAS, the new construction on
during the time in which such improvements1are property
for
tax was made
exemption as the
Revitalization Area set forth in the
(CURA) Plan as adopted b Consolidated Urban
the City of Waterloo, Iowa, and as y the City Council of
Revitalization Act as adopted b set forth in the Urban
Iowa and signed b Y the Legislature of the State of
y the Governor of the State of Iowa, and
WHEREAS, said applicant is requesting the following year exemption schedule:
g three-
For the first year
For the second year 1000
For the third year 1000
1000
NOW, THEREFORE, BE IT RESOLVED BY THE CITY
CITY OF WATERLOO, IOWA, that said a COUNCIL OF
and the Cit application is THE
said application
Clerk is hereby hereby approved
pplication and a copy
o y authorized and directed to forward
py of this resolution to the Assessor,
Resolution No. 2015-922
Page 2
.PASSED AND ADOPTED this 7thjddafDecember, 2015 .
Ernest G. Clark, Mayor
ATTEST:
t
t
uzy Scares, CMC
City ClIrk