Loading...
HomeMy WebLinkAbout2007-673-8/13/2007 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2007-673 RESOLUTION APPROVING APPLICATION WITH DEBBIE KEMP FOR TAX EXEMPTIONS ON IMPROVEMENTS TOTALING $28, 394 . 00 FOR PROPERTY LOCATED AT 2235 ASHLAND AVENUE IN THE CONSOLIDATED URBAN REVITALIZATION AREA PLAN, IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, Debbie Kemp has submitted an application dated July 25, 2007 to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on improvements totaling $28, 394 . 00 for property located at 2235 Ashland Avenue, more fully described as follows: Replat West '-� Cushman Heights Lot 8 Block 4, all in the City of Waterloo, Black Hawk County, Iowa; and, WHEREAS, said property is located within the designated Consolidated Urban Revitalization Area in Waterloo, Iowa, as Previously established by the City Council of the Citv of Waterloo, Iowa, and, WHEREAS, the improvement project respecting said property is in conformance with the Consolidated Urban Revitalization Plan as officially adopted by the City Council for the City of Waterloo, Iowa, and WHEREAS, the improvements on said property were made during the time in which such improvements are eligible for the tax exemption as set forth in the Consolidated Urban Revitalization Plan as adopted by the City Council of the City of Waterloo, Iowa, and as set forth in the Urban Revitalization Act as adopted by the Legislature of the State of Iowa and signed by the Governor of the State of Iowa, and WHEREAS, said applicant is requesting the following exemption schedule: For the first year 80% For the second year 70% For the third year 60% For the fourth year 50% For the fifth year 400 For the sixth year 40% For the seventh year 30% For the eighth year 30% For the ninth year 20% For the tenth year 20% NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that said application is hereby approved and the City Clerk is hereby authorized and directed to forward said application and a copy of this resolution to the Assessor by February 1, 2008 . x 7 tspt: lu on No. 2007-673 3t �2 os ¢ � s S N E- I-- S: CA - sC 1 �I1$SED AND ADOPTED this 13th day of August, 2007 . O < tr d < sox ¢ • c� > � Q t s y Tim Hurley, May t� rrft7C h is c 'J§3T': 4ti E S s c Ecke CMC w 4g:4i- clerk C00r? C w m O tr ed w s q �% N3 [r; • "7 E� p r-i [t7 rr E- O tC d tr' Ob" = td Cd < H b < ¢ rrsx x � F- xzrrn � arnoxm £Ca-COOS .014 noj�Wa*t n zNazo H � Hcnz K H � Noa COOS ,:t2upuA ac ybb ""Cl 21rt:f QaTclOQA (PM Q32?,4 w z b � a � o aza oC ��"�• a x o z rrm ysM jyslauH mIT r z y O z � zb y zzHa coH z OMO 91DIa N 0 N O� O n 00 rn o- m w zU4w � cn �otd a O 4 Hr • m m H O ra rn OH 77 O m O b d 7J by tdC bO atv0 � n a lv H xzmm 7� x H