HomeMy WebLinkAbout2005-085-02/07/2005 C� F' tI'
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AiS ,_Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street Waterloo, Iowa.
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Cr? v' s RESOLUTION NO. 2005-85
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& ` - RESOLUTION APPROVING APPLICATION WITH MATTHEW
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np 5 . NOLTING FOR TAX EXEMPTIONS ON IMPROVEMENTS
TOTALING $23, 000 . 00 FOR PROPERTY LOCATED AT
CO ° `' 1620 JEFFERSON STREET IN THE CONSOLIDATED
01=i URBAN REVITALIZATION AREA PLAN, IN THE CITY
r-iM t" OF WATERLOO, BLACK HAWK COUNTY, IOWA.
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WHEREAS, Matthew Nolting has submitted an application dated
'eb,luary 7, 2005, to the City Council of the City of Waterloo,
;ua wa,_, requesting to receive tax exemptions on improvements
• tot1ing $23, 000 . 00 for property located at 1620 Jefferson
;StAr'eet, more fully described as follows :
CJ
:Hayes Addition Lot 2 Block 1, all in the City of
c H v, Waterloo, Black Hawk County, Iowa;
An• d
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' '' 'WHEREAS, said property is located within the designated
orisolidated 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.
PASSED AND ADOPTED this 7th day of February, 2005.
Tim Hurley, NXayor
ATTEST:
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Nancy Eck t, CMC
City Cler