HomeMy WebLinkAbout2007-25-1/8/2007 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2007-25
RESOLUTION APPROVING APPLICATION WITH DONALD
BEENKEN FOR TAX EXEMPTIONS ON IMPROVEMENTS
TOTALING $200, 000 . 00 FOR PROPERTY LOCATED AT
1005 SHORT STREET IN THE CONSOLIDATED URBAN
REVITALIZATION AREA PLAN, IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Donald Beenken has submitted an application dated
December 28, 2006 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions on improvements
totaling $200, 000 . 00 for property located at 1005 Short Street,
more fully described as follows:
Unplatted Waterloo East a portion of land commencing
635 feet East and 357 . 46 feet North of the center point
of Section 29, and extending North 140 feet parallel
with the North and South center line, thence West 147
feet parallel with the East and West center line,
thence South 140 feet parallel with the North and South
center line, thence East 147 feet to the point of
beginning, in Section 29 Township 89 Range 12, all in
the City of Waterloo, Black Hawk County, Iowa;
and,
WHEREAS, said property is located within the designated
Consolidated Urban Revitalization Area in Waterloo, Iowa, as
previously established by the City Council of the City of
Waterloo, Iowa,
and,
WHEREAS, the improvement project respecting said property is
in conformance with the Consolidated Urban Revitalization Plan as
officially adopted by the City Council for the City of Waterloo,
Iowa, and
WHEREAS, the improvements on said property we7.e made during
the time in which such improvements are eligible for the tax
exemption as set forth in the Consolidated Urban Revitalization
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 exemption
schedule:
For the first year 1000
For the second year 100%
For the third year 1000
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF 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 by
February 1, 2007 .
A, --I
��Aqtllon No. 2007-25
:R
\ \ =PASSED AND ADOPTED this 8th day of January, 2007 .
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