HomeMy WebLinkAbout2006-78-02/06/2006 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2006-78
RESOLUTION APPROVING APPLICATION WITH CHRIS
ABBAS FOR TAX EXEMPTIONS ON IMPROVEMENTS
TOTALING $210, 000. 00 FOR PROPERTY LOCATED AT
1728 DEARBORN AVENUE IN THE CONSOLIDATED
URBAN REVITALIZATION AREA PLAN, IN THE CITY
OF WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Chris Abbas has submitted an application dated
February 6, 2006 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions on improvements
totaling $210, 000 . 00 for property located at 1728 Dearborn Avenue,
more fully described as follows :
A survey of Parcel F of the Southeast of Section 29
Township 89 Range 12 described as follows: Commencing
at the Northeast corner of the Northwest of the
Southeast 11 of said Section 29, thence South 354 . 85
feet along the East line of said Northwest i of the
Southeast to a point of intersection with the South
line of Dearborn Avenue extended, thence North 89
Degrees 24 Minutes 3 Seconds West 25 feet along said
South line of Dearborn Avenue extended to the West line
of Willrich Street, thence continuing North 89 Degrees
24 Minutes 3 Seconds West 98 . 23 feet along said South
line of Dearborn Avenue to the point of beginning,
thence continuing North 89 Degrees 24 Minutes 3 Seconds
West 202 . 16 feet along said South line of Dearborn
Avenue, thence South 139. 92 feet, thence North 89
Degrees 23 Minutes 59 Seconds West 100 . 20 feet, thence
South 139. 91 feet to a point on the North line of
Calhoun Street (a 50 foot public right-of-way not
open) , thence South 89 Degrees 23 Minutes 54 Seconds
East 183. 89 feet along said North line of Calhoun
Street, thence North 152 . 64 feet, thence North 89
Degrees 6 Minutes 2 Seconds East 112 . 93 feet, thence
North 1 Degree 55 Minutes 10 Seconds East 124 . 27 feet
to a point on the South line of Dearborn Avenue and the
point of 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
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_eselution No. 2006-78
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_— o T�nHREAS, said applicant is requesting the following exemption
c for the first year 100%
Tor the second year 100%
cz -For the third year 100%
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v < NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF COUNCIL OF THE
s �T' . F WATERLOO, IOWA, that said application is hereby approved
ar3Lthe City Clerk is hereby authorized and directed to forward
$pplicati.on and a copy of this resolution to the Assessor by
Febr-uary 1, 2007 .
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J F'PASSED AND ADOPTED this 6th day of February, 2006.
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c Tim Hurley, M or
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Nan .- ckert CMC
tip Clerk