HomeMy WebLinkAbout2014-1053-12/22/2014 Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, 319-291-4323.
RESOLUTION NO. 2014-1053
RESOLUTION APPROVING APPLICATION WITH JILL
SMITH FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF A NEW GARAGE VALUED AT $12, 313 . 70 FOR
PROPERTY LOCATED AT 2807 E. 4TH STREET IN THE
CONSOLIDATED URBAN REVITALIZATION AREA
(CURA) , IN THE CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA.
WHEREAS, Jill Smith has submitted an application dated
December 15, 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 $12, 313 . 70 for property located at 2807 E.
4th Street, more fully described as follows :
Lot No. Fourteen (14 ) in Block No. Four (4) in North
Waterloo Place, an addition to the City of Waterloo,
Iowa;
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 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 day of December, 2014 .
nest G. Clark, Mayor
ATTEST:
Suzy cTiares, CMC
City Clerk