HomeMy WebLinkAbout2015-865-11/2/2015 i r
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Prepared by Nancy:. Higbyf Administrative ( Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 350703. , 319-291-4323 .
RESOLUTION NO. 2015-865!
RESOLUTION APPROVING APPLICATION WITH SENAD &
AIDA DIZDAREVIC FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW SINGLE FAMILY HOME
VALUED AT $200,000 . 00 FOR PROPERTY1LOCATED AT
5612 SUMMERLAND DRIVE, AND LOCATED IN THE
CITY LIMITS URBAN REVITALIZATION AREA
(CLURA) , IN THE CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA.
WHEREAS, Senad & Aida Dizdarevic lhave submitted an
application dated September 28, 2015 to thel City Council of the
City of Waterloo, Iowa, requesting to receive tax exemptions for
the construction of a new single family home valued at
$200, 000 . 00 ' for property located at 5612 Summerland Drive, more
fully described as follows :
Summerland Farms Lot 42, Waterloo, Black Hawk County,
Iowa
Subject to easements, restrictions, covenants,
ordinandes and limited access provisions of records;
and,
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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 iforth 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-._2°d day o November, 2015 .
a
.Ernest G. Clark, Mayor
ATTEST:
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lu azyScha es, CMC 1
City Cler
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