HomeMy WebLinkAbout2014-1034-12/15/2014 Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, 319-291-4323 .
RESOLUTION NO. 2014-1034
RESOLUTION APPROVING APPLICATION WITH BEVERLY
A. BURTON FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW GARAGE VALUED AT
$20, 000 FOR PROPERTY LOCATED AT 324 BATES
STREET IN THE CONSOLIDATED URBAN
REVITALIZATION AREA (CURA) , IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Beverly A. Burton has submitted an application
dated December 4, 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 $20, 000 for property
located at 324 Bates Street, more fully described as follows :
Tracts "A" and "B" of Plat of Survey recorded as Doc.
#2002-30314 being Lots Nos. 14, 15 and 16 in Block No.
10 in Howrey & McWilliams Addition to the City of
Waterloo, Iowa, except the South 50 feet of said Tract
"B"
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 Legislature Le islature 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 15th day of December, 2014 .
Ernest G. lark, Mayor
ATTEST:
uzy Sch res, CMC
City Cle