HomeMy WebLinkAbout2014-728-08/25/2014 Prepared by DeAnne Kobliska, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323 .
RESOLUTION NO. 2014-728
RESOLUTION APPROVING APPLICATION WITH IOWA
HEARTLAND HABITAT FOR HUMANITY FOR TAX
EXEMPTIONS ON THE CONSTRUCTION OF A NEW
SINGLE FAMILY HOME VALUED AT $80, 000 . 00 FOR
PROPERTY LOCATED AT 3920 MEMORY LANE IN THE
CITY LIMITS URBAN REVITALIZATION AREA
(CLURA) , IN THE CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA.
WHEREAS, Iowa Habitat for Humanity has submitted an
application dated March 6, 2014 to the City Council of the City
of Waterloo, Iowa, requesting to receive tax exemptions for the
construction of a new single family home valued at $80, 000 . 00 for
property located at 3920 Memory Lane more fully described as
follows :
Lot 3, except the West 10 feet thereof, and all the
Lots 8 and 9, Cedar Hills Second Addition, a replat of
Tracts A and B, Cedar Hills, Waterloo, Black Hawk
County, Iowa.
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 25th day August, 2014 .
Er est G. Clark, Mayor
AT EST :
Suzy Sc ares, CMC
City Cl rk