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HomeMy WebLinkAbout2014-563-07/14/2014 Prepared by DeAnne Kobliska, Administrative Secretary, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323 . RESOLUTION NO. 2014-563 RESOLUTION APPROVING APPLICATION WITH ROBERT ANDERSON FOR TAX EXEMPTIONS ON THE CONSTRUCTION OF A NEW GARAGE VALUED AT $14, 300 . 00 FOR PROPERTY LOCATED AT 1537 FOREST AVENUE IN THE CONSOLIDATED URBAN REVITALIZATION AREA (CURA) , IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, Robert Anderson has submitted an application dated June 24, 2014 to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on the construction of a new garage valued at $14 , 300 . 00 for property located at 1537 Forest Avenue more fully described as follows : Kenwood Park, Lot 243, City of Waterloo, Black Hawk County, Iowa; Subject to covenants, restrictions, ordinances, easements, and limited access provisions of record; and, WHEREAS, said property is located within the designated Consolidated Urban Revitalization Area (CURA) 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 Consolidated Urban Revitalization Area (CURA) 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 Consolidated Urban Revitalization Area (CURA) 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 1000 For the second year 1000 For the third year 1000 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 14th d of July, 2014 . rnest G. Clar , Mayor ATTEST : . C -- '`� c.kC y.C) Suzy Schares, CMC City Clerk