HomeMy WebLinkAbout2020-411-06.08.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2020-411
RESOLUTION APPROVING THE REQUEST OF JANICE K.
QUINT FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF A SINGLE DUPLEX UNIT VALUED AT $358,028 FOR
PROPERTY LOCATED AT 3809 TRENT LANE, AND
LOCATED IN THE CITY LIMITS URBAN REVITALIZATION
AREA (CLURA).
WHEREAS, Janice K. Quint has submitted an application dated February 15, 2020, to the
City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions for construction
of a single duplex unit valued at $358,028 for property located at 3809 Trent Lane, and located in
the City Limits Urban Revitalization Area (CLURA), more fully described as follows:
UNIT E AND THE UNDIVIDED PERCENTAGE INTEREST IN THE
COMMON ELEMENTS APPURTENANT TO SAID UNIT, SUNNYSIDE
COVE CONDOMINIUMS OF WATERLOO, BLACK HAWK COUNTY,
IOWA RECORDED MARCH 20, 2018 IN DOC. #2018-15265 AND AS
AMENDED BY FIRST AMENDMENT IN DOC. #2020-1494 RECORDED
JULY 24, 2019, AND BEING LAID OUT ON PART OF PARCEL "M' PLATE
OF SURVEY 343 MISC 864 FILED SEPTEMBER 7, 2001.
Subject to easements, restrictions, covenants, ordinances and limited access provisions of
records, and
WHEREAS, said property is located within the designated City Limits Urban
Revitalization Area (CLURA) 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 City Limits Urban Revitalization Area (CLURA) 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 City Limits Urban
Revitalization Area (CLURA) 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
Quentin Hart, Mayor
Resolution No. 2020-411
Page 2
ATTEST:
KeL(e# n/ck/e b
Kelley Felchle, City Clerk