HomeMy WebLinkAbout2006-178-03/06/2006 _ _
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Th3�s, Re ,olution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Sheet., Waterloo, Iowa.
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< RESOLUTION NO. 2006-178
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< RESOLUTION APPROVING APPLICATION WITH BRIAN
FREED FOR TAX EXEMPTIONS ON IMPROVEMENTS
< - TOTALING $29, 235. 00 FOR PROPERTY LOCATED AT
N 743 ENGLEWOOD AVENUE IN THE CONSOLIDATED
- v < URBAN REVITALIZATION AREA PLAN, IN THE CITY
H s OF WATERLOO, BLACK HAWK COUNTY, IOWA.
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< -T EREAS, Brian Freed has submitted an application dated March
b6,1 -2 06 to the City Council of the City of Waterloo, Iowa,
re41.1e wing to receive tax exemptions on improvements totaling
29;?35. 00 for property located at 743 Englewood Avenue, more
fully described as follows:
mac,
0. ,D Galloway Addition Waterloo Lot 258, all in the City of
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.V Waterloo, Black Hawk County, Iowa;
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WHEREAS, said property is located within the designated
eonsinlidated Urban Revitalization Area in Waterloo, Iowa, as
rrv-iisly established by the City Council of the City of
Watfttoo, Iowa,
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 6th day of March, 2006.
Tim Hurley, May
ATTEST:
Nancy Ickert, MC
City Clerk