HomeMy WebLinkAbout2020-417-06.08.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2020-417
RESOLUTION APPROVING THE REQUEST OF BREANN
BADER AND TREVOR LARSON FOR TAX EXEMPTIONS
ON THE CONSTRUCTION OF A SINGLE DUPLEX UNIT
VALUED AT $149,000 FOR PROPERTY LOCATED AT 820
GRINDSTONE CIRCLE, AND LOCATED IN THE CITY
LIMITS URBAN REVITALIZATION AREA (CLURA).
WHEREAS, Breann Bader and Trevor Larson have submitted an application dated May
18, 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 $149,000 for property located at 820 Grindstone
Circle, and located in the City Limits Urban Revitalization Area (CLURA), more fully described
as follows:
UNIT 820 AND THE UNDIVIDED INTEREST IN THE COMMON
ELEMENTS APPURTENANT TO SAID UNIT, IN PRAIRIE MEADOW
ESTATES, A CONDOMINIUM RECORDED IN DOC. #2017-11285 ON
DECEMBER 16, 2016, AS AMENDED BY FIRST AMENDMENT IN DOC.
#2017-13976 RECORDED FEBRUARY 3, 2017, AS AMENDED BY SECOND
AMENDMENT IN DOC. #2019-2874 RECORDED AUGUST 20, 2018, AS
AMENDED BY THIRD AMENDMENT IN DOC.#2020-1458 FILED JULY 24,
2019 AND AS AMENDED BY FOURTH AMENDMENT IN DOC. #2020-
17423 FILED APRIL 9, 2020 AND BEING LAID OUT ON LOTS 1 THOUGH 7
AND LOT A IN PRAIRIE MEADOW ESTATES ADDITION, WATERLOO,
BLACK HAWK COUNTY, IOWA.
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.
Resolution No. 2020-417
Page 2
Quentin Hart
Quentin Hart, Mayor
ATTEST:
Ke/'/e4 re/cKe
Kelley Felchle, City Clerk