HomeMy WebLinkAbout2020-409-06.08.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2020-409
RESOLUTION APPROVING THE REQUEST OF MICHAEL J.
TAYLOR FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF HOME IMPROVEMENTS VALUED AT $12,240 FOR
PROPERTY LOCATED AT 106 EAST 9TH STREET, AND
LOCATED IN THE CONSOLIDATED URBAN
REVITALIZATION AREA (CURA).
WHEREAS, Michael J. Taylor has submitted an application dated March 31, 2020, to the
City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions for the
construction of home improvements, valued at $12,240, for property located at 106 E. 9th Street,
and located in the Consolidated Urban Revitalization Area (CURA), more fully described as
follows:
THE NORTHWESTERLY 97 FEET OF LOT 6; AND THE
NORTHWESTERLY 97 FEET OF THE NORTHEASTERLY 40 FEET OF LOT
7, ALL IN BLOCK 20 IN ORIGINAL PLAT ON THE EAST SIDE OF THE
CEDAR RIVER, CITY OF WATERLOO, BLACK HARK 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 8th day of June 2020.
Quentin Hart 0
Quentin Hart, Mayor
Resolution No. 2020-409
Page 2
ATTEST:
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Kelley Felchle, City Clerk