HomeMy WebLinkAbout2014-1033-12/15/2014 Prepared by Carol Nemmers, De ut
715 Mulberry Street p Y City Clerk, City of Waterloo,
Waterloo, IA 50703, 319-291-4323 .
RESOLUTION NO. 2014-1033
RESOLUTION APPROVING APPLICATION WITH GREGORY
S. NELSEN FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW SINGLE FAMILY HOME
VALUED AT $193, 546 FOR PROPERTY LOCATED AT
4153 MOCKINGBIRD LANE IN THE CITY LIMITS
URBAN REVITALIZATION AREA (CLURA) , IN THE
CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Gregory S. Nelsen has submitted an application
dated December 8, 2014 to the City Council
Waterloo,
Iowa, requesting to receive tax °f the City thef
construction of a new single familyexemptions for
property located at 4153 Mockingbird hLane, more fullyat $19d described
ford
as follows : more described
Lots 35-44 & 63, Crossroads Estates Replat No. 1, City
of 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 Revitalization Area (CLURA) Plan as officially adoptedby Urban
Limits 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 15th day of December, 2014 .
Ernest G. Clark, Mayor
ATTEST:
Suzy Sch res, CMC
City Clerk