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HomeMy WebLinkAbout2014-660-08/04/2014 I Prepared by DeAnne Kobliska, administrative Secretary, City of Waterloo, 715 Mulberry Street, 'laterloo, IA 50703, 319-291-4323 . RESOLUTION NO. 2014-660 RESOLUTION APPROVIDG APPLICATION WITH GUADALUPE GARCIA FOR TAX EXEMPTIONS FOR THE INTERIOR AND EXTERIOR REMODEL ON A SINGLE FAMILY DWELLING VALUED AT $15, 000 . 00 FOR PROPERTY LOCATED AT 120 COURTLAND STREET IN THE CONSOLIDATED UREAN REVITALIZATION AREA (CURA) , IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, Guadalupe Garcia has submitted an application dated July 23, 2014 to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions for the interior and exterior remodel on a single family dwelling valued at $15, 000. 00 for property located at 120 Courtland Street, more fully described as follows : The West 4 feet of the North One-half of Lot 1; the North One-half of Lot 2 End the West 40 feet of the South 35 feet of Lot 2; and the East 15 feet of Lot 3, all in Block 4 in Sullivan Day' s Addition to the City of Waterloo East Side of the Cedar River, Black Hawk County, Iowa; Subject to covenants, restrictions, ordinances, easements, and limited access provisions of record; and, WHEREAS, said property i3 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 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 approvec. and the City Clerk is hereby authorized and directed to forward said application and a copy of ;:his resolution to the Assessor. l — Resolution No. 2014-660 Page 2 PASSED AND ADOPTED this 4th day of ugust, 2014 . -"/' ArCe _-nest . Clark, Mayor ATTEST : q A uzy l'aresYRI-L° City rk