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HomeMy WebLinkAbout2015-772-9/28/2015 Prepared by Nancy Higby, Administrative Secretary, City of Waterloo, .. 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323 . RESOLUTION NO. 2015-772 RESOLUTION APPROVING APPLICATION WITH STEVEN & KAHLA DUTCHER FOR TAX EXEMPTIONS ON THE CONSTRUCTION OF A NEW HOME VALUED AT $100, 000 . 00 FOR PROPERTY LOCATED AT 1410 GARDEN AVENUE, AND LOCATED IN THE CITY LIMITS URBAN REVITALIZATION AREA (CLURA) , IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, Steven & Kahla Dutcher have submitted an application dated July 15, 2015 to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions for the construction of a new home valued at $100, 000 . 00 for property located at 1410 Garden Avenue, more fully described as follows: Meadowdale -Second Filing the east 59 feet of Lot 37, 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 new construction 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 new construction on said property was 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 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- 1000 } For the second year 1000 For the third year 1000 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 28th day of September, 2015 . Ernest G. Clark, Mayor ATTEST: �' L S,La:�� Suzy Irk ares, CMC City