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HomeMy WebLinkAbout2020-598-08.17.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2020-598 RESOLUTION APPROVING THE REQUEST OF BRIAN WERNER FOR TAX EXEMPTIONS ON THE CONSTRUCTION OF A SINGLE FAMILY HOME VALUED AT $245,000, FOR PROPERTY LOCATED AT 3135 OSAGE AVENUE, AND LOCATED IN THE CITY LIMITS URBAN REVITALIZATION AREA (CLURA). WHEREAS, Brian Werner has submitted an application dated June 22, 2020, to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions for construction of a single-family home valued at $245,000, for property located at 3135 Osage Avenue, and located in the City Limits Urban Revitalization Area (CLURA), more fully described as follows: THAT PART OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER (SW 1/4 SW 1/4) OF SECTION NO.28, TOWNSHIP NO. 89 NORTH, RANGE NO. 12 WEST OF THE 5TH PRINCIPAL MERIDIAN, BLACK HAWK COUNTY, IOWA, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUAKER (SW 1/4 SW 1/4); THENCE S89°12'18"E ALONG THE SOUTH LINE OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER (SW 1/4 SW 1/4) 996.55 FEET; THENCE NO°47'42"E, 33.00 TO THE NORTH RIGHT-OF-WAY OF OSAGE AVENUE; THENCE CONTINUING NO°47'42"E 259.95 FEET; THENCE S89° 12' 18"E 255.14; THENCE S 1 °55'41 "W 260.00 FEET TO SAID NORTH RIGHT-OF-WAY OF OSAGE AVENUE; THENCE N89°12'18"W 250.00 FEET ALONG SAID NORTH RIGHT-OF-WAY LINE OF OSAGE AVENUE TO THE POINT OF BEGINNING, CONTAINING 1.50 ACRES. 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 Resolution No. 2020-598 Page 2 authorized and directed to forward said application and a copy of this resolution to the Assessor. PASSED AND ADOPTED this 17th day of August 2020. O &n-n Hart Quentin Hart, Mayor ATTEST: KeUUee �e1c�l`e Kelley Felchle, City Clerk