HomeMy WebLinkAbout2006-112-02/13/2006 Tii -SZResolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street -Waterloo, Iowa.
� ^ " RESOLUTION NO. 2006-112
1 - RESOLUTION APPROVING APPLICATION WITH SCOTT
- JORDAN FOR TAX EXEMPTIONS ON IMPROVEMENTS
s TOTALING $87, 006. 00 FOR PROPERTY LOCATED AT
_^ ., 619 JOHNSON STREET IN THE CONSOLIDATED URBAN
, -ram REVITALIZATION AREA PLAN, IN THE CITY OF
- _ WATERLOO, BLACK HAWK COUNTY, IOWA.
•• y C -
N '-- NATIIEREAS, Scott Jordan has submitted an application dated
Feb ' y 13, 2006 to the City Council of the City of Waterloo,
Iowa _requesting to receive tax exemptions on improvements
t5taling $87, 006. 00 for property located at 619 Johnson Street,
moilelly described as follows :
-, cliospital Square Southwest 110 feet of even width, all
_i-i1 the City of Waterloo, Black Hawk County, Iowa;
Act; <
_WHEREAS, said property is located within the designated
Corrsol:idated Urban Revitalization Area in Waterloo, Iowa, as
F •&iresly established by the City Council of the City of
Water* o,ali4;
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, 2007 .
PASSED AND ADOPTED this 13th day of February, 2006.
Tim4urley, Mayor
ATTEST:
Nanc Eck , CMC
City Cle