HomeMy WebLinkAbout2014-833-09/22/2014 Prepared by DeAnne Kobliska, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323 .
RESOLUTION NO. 2014-833
RESOLUTION APPROVING APPLICATION WITH JOSHUA
MEYER FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF A NEW SINGLE FAMILY HOME VALUED AT
$180, 000. 00 FOR PROPERTY LOCATED AT 5846
SUMMERLAND DRIVE IN THE CITY LIMITS URBAN
REVITALIZATION AREA (CLURA) , IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Joshua Meyer has submitted an application dated
August 24 , 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 $180, 000 . 00 for property
located at 5846 Summerland Drive, more fully described as
follows :
I
I Lot 54 in Summerland Farms First Addition, Waterloo,
Black Hawk County, Iowa, also known as Summerland Park
First Addition, in the City of Waterloo, Black Hawk
County, Iowa .
Subject to easements, restrictions, covenants,
ordinances and limited access provisions of record;
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 22nd of September, 2014 .
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Ernest G. Clark, Mayor
ATTEST :
Suzy Sc ares, CMC
City Cl rk