HomeMy WebLinkAbout2007-727-8/27/2007 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2007-727
RESOLUTION APPROVING APPLICATION WITH IOWA
HEARTLAND HABIOR TAX
TAT FOR
HUMANITY TOTALING
EXEMPTIONS
$86, 592 . 00 FOR PROPERTY LOCATED AT 183
NEWELL STREET IN THE CONI OLID�ATE E CITY URBAN
REVITALIZATION AREA PLAN,
WATERLOO, BLACK HAWK COUNTY, IOWA.
d an
WHEREAS, Iowa Heartland Habitat for Humanity
Councilsof the eCity
application dated August 16, 2007 to the City On
of Waterloo, Iowa, requesting to receive taxlocated exemptions at 1834
improvements totaling $86, 592 . 00 for property
Newell Street, more fully described as follows:
Heartland Heights Addition Lot 6, all in the City of
Waterloo, Black Hawk County, Iowa;
and,
s located within the dIowaa
atd
WHEREAS, said property iin s
Consolidated Urban Revitalizat the o City Council oefloth ,e City Of
previously established by
Waterloo, Iowa,
and,
WHEREAS, the improvement project respecting said property is
atein conformance with theCo City dCou d lrbfort he tCityaof Waterloos
officially adopted by t
Iowa, and
WHEREAS, the improvements on said property were made during
r the tax
the as setcforthhin improvements
Consolidated Urban leRevitalization
exemptionIowa,
Plan as adopted by the City Council of the City of Waterloo, by the
and as urefoftthenStateUobfaIowa vand lsigned nbycthe sGovepd
thern rnor of the
Legislat
State of Iowa, and
WHEREAS, said applicant is requesting the following exemption
schedule:
80%
For the first year 70%
For the second year 60%
For the third year 50%
For the fourth year 40%
For the fifth year 40%
For the sixth year 30%
For the seventh year 30%
For the eighth year 20%
For the ninth year 20%
For the tenth year
OF THE
NOW, THEREFORE, BE IT RESOLVED BYCITY
isOFheOrebylapproved
CITY OF WATERLOG, IOWA, that said application
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 .
K C co 0
ton No. 2007-727
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SASSED AND ADOPTED this 27th day of August, 2007 *
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