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HomeMy WebLinkAbout2009-1060-10/26/2009 This Resolution prepared by Carol Failor, Deputy City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2009-1060 RESOLUTION APPROVING APPLICATION WITH CRAIG DAVIS FOR TAX EXEMPTIONS ON IMPROVEMENTS TOTALING $8 , 000 . 00 FOR PROPERTY LOCATED AT 707 GREENBRIER ROAD IN THE CONSOLIDATED URBAN REVITALIZATION AREA PLAN, IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, Craig Davis has submitted an application dated September 29, 2009 to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on improvements totaling $8, 000 . 00 for property located at 707 Greenbrier Road, more fully described as follows : Greenbrier Fifth Addition Lot 62, 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 1000 For the second year 1000 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 Deputy City Clerk is hereby authorized and directed to forward said application and a copy of this resolution to the Assessor by February 1, 2010 . Resolution No. 2009-1060 Page 2 PASSED AND ADOPTED this 26th day of October, 2009 . • AV 'im Hurl-y, Mayor ATTEST: Caevii)92-aJ K Deputy CityClerk P Y