HomeMy WebLinkAbout2020-599-08.17.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2020-599
RESOLUTION APPROVING THE REQUEST OF LORI
HONERMANN FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A SINGLE FAMILY HOME VALUED
AT $470,000, FOR PROPERTY LOCATED AT 4835 SHELLEY
COURT, AND LOCATED IN THE CITY LIMITS URBAN
REVITALIZATION AREA (CLURA).
WHEREAS, Lori Honermann has submitted an application dated July 14, 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 $470,000, for property located at 4835 Shelley Court, and
located in the City Limits Urban Revitalization Area (CLURA), more fully described as follows:
NOTTINGHAM THIRD ADDITION LOT 10 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 17th day of August 2020.
Qbtenfir Hart
Quentin Hart, Mayor
Resolution No. 2020-599
Page 2
ATTEST:
Keith, --et'cKe
Kelley Felchle, City Clerk