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Home My WebLink About2007-13-1/2/2007 — �7-1 X V -71 -z ` bi_s_A�.4-olution prepared by Nancy Eckert, City Clerk, 715 Mulberry streets Waterloo, Iowa. w � - RESOLUTION NO. 2007-13 s RESOLUTION APPROVING APPLICATION WITH GLENDA A) - LENTZ FOR TAX EXEMPTIONS ON IMPROVEMENTS = Z71 77 TOTALING $50, 607 . 00 FOR PROPERTY LOCATED AT 1736 WILLISTON AVENUE IN THE CONSOLIDATED - v URBAN REVITALIZATION AREA PLAN, IN THE CITY s s OF WATERLOO, BLACK HAWK COUNTY, IOWA. <_ :�WHEREAS, Glenda Lentz has submitted an application dated D` Tidier 15, 2006 to the City Council of the City of Waterloo, j,- -�� requesting to receive tax exemptions on improvements t ,ottalkng $50, 607 . 00 for property located at 1736 Williston Avenue, mage dully described as follows: C ^ Kenwood Park Lot 81, all in the City of Waterloo, Black � Rawk County, Iowa; A; T, and�- RHEREAS, said property is located within the designated Consolidated Urban Revitalization Area in Waterloo, Iowa, as pl�oi1dusly established by the City Council of the City of Wartej�oo, Iowa, ti 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 were 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 100% For the second year 100% For the third year 100% 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 . PASSED AND ADOPTED this 2nd day of January, 2007 . Tim Hurley, ayor ATTEST: Nancy Eck t, CMC City Clerk--)