HomeMy WebLinkAbout2015-507-6/29/2015 x
Prepared by Nancy Higby, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-
4323 .
RESOLUTION NO. 2015-507
RESOLUTION APPROVING APPLICATION WITH SUZON
ROSS FOR TAX EXEMPTIONS ON THE IMPROVEMENTS
TO A SINGLE FAMILY HOME VALUED AT $20, 171 . 35
FOR PROPERTY LOCATED AT 302 BERTCH AVENUE IN
THE CONSOLIDATED URBAN REVITALIZATION AREA
(CURA) , IN THE CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA.
WHEREAS, Suzon Ross has submitted an application dated June
18, 2015 to the City Council of the City of Waterloo, Iowa,
requesting to receive tax exemptions for the improvements to a
single family home valued at $20, 171 . 35 . 00 for property located
at 302 Bertch Avenue, more fully described as follows :
Mevis Koche Addition Lot 1. City of Waterloo, Black
Hawk County, Iowa.
and,
WHEREAS, said property is located within the designated
Consolidated Urban Revitalization Area (LURA) 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 Consolidated Urban
Revitalization Area (LURA) 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 Consolidated Urban
Revitalization Area (LURA) 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 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 29th day of June, 2015 .
t
Ernest G. Clark, Mayor
ATTEST:
Suzy Sch res, CMC
City Cle k