HomeMy WebLinkAbout2014-667-08/04/2014 Prepared by DeAnne Kobliska, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323 .
RESOLUTION NO. 2014-667
RESOLUTION APPROVING APPLICATION WITH DENO
CEJVANOVIC FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW SINGLE FAMILY DWELLING
VALUED AT $200, 000 . 00 FOR PROPERTY LOCATED AT
1867 RED TAIL DRIVE IN THE CITY LIMITS URBAN
REVITALIZATION AREA (CLURA) , IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Deno Cejvanovic has submitted an application dated
July 1, 2014 to the City Council of the City of Waterloo, Iowa,
requesting to receive tax exemptions for the construction of a
new single family dwelling valued at $200, 000 . 00 for property
located at 1867 Red Tail Drive, more fully described as follows :
Lot 24, Audubon Park Sixth Addition, 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 4th day August, 2014 .
"Gik/
rnest G. Clark, Mayor
ATTEST :
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