HomeMy WebLinkAbout2006-195-03/13/2006 4
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This_ ResQlution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street-3 Waterloo, Iowa.
ti RESOLUTION NO. 2006-195
e RESOLUTION APPROVING APPLICATION WITH BETTY
• •
SEAMANS FOR TAX EXEMPTIONS ON IMPROVEMENTS
TOTALING $47, 800 . 00 FOR PROPERTY LOCATED AT
_ = s J 5 1735 LAFAYETTE STREET IN THE CONSOLIDATED
71 V URBAN REVITALIZATION AREA PLAN, IN THE CITY
< = F-- OF WATERLOO, BLACK HAWK COUNTY, IOWA.
<, :JWBEREAS, Betty Seamans has submitted an application dated
March 13, 2006 to the City Council of the City of Waterloo, Iowa,
ret .i sting to receive tax exemptions on improvements totaling
• $147,8 -0 . 00 for property located at 1735 Lafayette Street, more
full described as follows:
'-• H. CC c.Alfords Addition Lot 18 Block 4, all in the City of
.. :Waterloo, Black Hawk County, Iowa;
c_
aid,`
-_WHEREAS, said property is located within the designated
Co sz5. dated Urban Revitalization Area in Waterloo, Iowa, as
Fa-revicAlsly established by the City Council of the City of
Waterlo, 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 13th day of March, 2006.
Tim Hu ley, yor
ATTEST:
Nancy cker6CMC
City Clerk