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HomeMy WebLinkAbout2020-12-01/06/2020 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2020-12 RESOLUTION APPROVING THE REQUEST OF JANA RYAN FOR TAX EXEMPTIONS ON THE CONSTRUCTION OF HOME IMPROVEMENTS VALUED AT $16,000, FOR PROPERTY LOCATED AT 1217 MULBERRY STREET, AND LOCATED WITHIN THE CONSOLIDATED URBAN REVITALIZATION AREA(CURA). WHEREAS, Jana Ryan has submitted an application dated November 12, 2019, to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions for construction of home improvements valued at $16,000, for property located at 1217 Mulberry Street, and located in the Consolidated Urban Revitalization Area(CURA), more fully described as follows: THE NORTHWESTERLY 50 FEET OF LOTS 8 AND 9 IN BLOCK 45 IN THE ORIGINAL PLAT ON THE EAST SIDE OF THE CEDAR RIVER IN THE CITY OF 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 Consolidated Urban Revitalization Area (CURA) in Waterloo, Iowa, as previously established by the City Council of the City of Waterloo, Iowa, and WHEREAS, the construction improvements are in conformance with the Consolidated Urban Revitalization Area (CURA) 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 Area (CURA) 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 100% For the second year 100% 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 City Clerk is hereby authorized and directed to forward said application and a copy of this resolution to the Assessor. PASSED AND ADOPTED this 6th day of January 2020. Quentin Hart, Mayor ATTEST: Kelley Fel;I le, City Clerk