HomeMy WebLinkAbout2015-863-11/2/2015 d
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Prepared by Nancy Higby, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323 .
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RESOLUTION NO. 2015-8631
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RESOLUTION APPROVING APPLICATION WITH DENNIS
CORDES FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF A NEW CONDO VALUED AT $174, 900. 00 FOR
PROPERTY LOCATED AT 4023 MOURNING DOVE DRIVE,
AND LOCATED IN THE CITY LIMITS URBAN
REVITALIZATION AREA (CLURA) , IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
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WHEREAS, Dennis Cordess has submitted an application dated
October 9, 2015 to the. City Council of thfe City of Waterloo,
Iowa, requesting to receive tax exemptions =for the construction
of a new condo valued at $174, 900 . 00 for property located at 4023
Mourning Dove Drive, more fully described as °follows :
Crossroads a Condominium ,Unit 4023, Waterloo, Black
Hawk County, Iowa
Subject to easements, restrictions, covenants,
ordinances and limited access provisions of records;
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
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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
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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 2nd day of Novembler, 2015 .
Ernest G. Clark; Mayor
ATTEST:
Suzy „S.c ares-, CMC
City C1 rk t