HomeMy WebLinkAbout2006-40-01/17/2006 This Resolution prepared by Nancy Eckerr, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2006-40
RESOLUTION APPROVING APPLICATION WITH HUFF
CONTRACTING INC. FOR TAX EXEMPTIONS ON
IMPROVEMENTS TOTALING $120, 000 . 00 FOR
PROPERTY LOCATED AT 1310 GRANDVIEW AVENUE IN
THE CONSOLIDATED URBAN REVITALIZATION AREA
PLAN, IN THE CITY OF WATERLOO, BLACK -HAWK
COUNTY, IOWA.
WHEREAS, Huff Contracting Inc. has submitted an application
dated January 17, 2006 to the City Council of the City of
Waterloo, Iowa, requesting to receive tax exemptions on
improvements totaling $120, 000. 00 for property located at 1310
Grandview Avenue, more fully described as follows:
Unplatted Waterloo East Part Northeast Southwest
Section 14 Township 89 Range 13 commencing at a point
433 feet North of Southwest corner Southeast Northeast
Southwest said Section thence North 186 feet thence
East to a point 50 feet distant Southwesterly from
centerline Highway 20 thence Southeast along Southwest
line Highway 20 to a point 210 feet East of West line
Southeast Northeast Southwest thence South 212 . 42 feet
thence West 100 feet thence North 100 feet thence West
110 feet to beginning, all in the City of Waterloo,
Black Hawk County, Iowa;
and,
WHEREAS, said property is located within the designated
Consolidated Urban Revitalization Area in Waterloo, Iowa, as
previously established by the City Council of the City of
Waterloo, Iowa,
and,
WHEREAS, the improvement project respecting said property is
in conformance with the Consolidated Urban Revitalization Plan as
officially adopted by the City Council for the City of Waterloo,
Iowa, and
WHEREAS, the improvements on said property were made during
the time in which such improvements are eligible for the tax
exemption as set forth in the Consolidated Urban Revitalization
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 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 OF 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 by
February 1, 2006.
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RS:iNaitifiSn No. 2006-40
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77. z7 . PSBED AND ADOPTED this 17th day of January, 2006.
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