HomeMy WebLinkAbout2005-156-02.21.2005 trrrtrtxn
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'4isolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
, r4 Waterloo, Iowa.
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RESOLUTION NO. 2005-156
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RESOLUTION APPROVING APPLICATION WITH LLOYD
s H Q AND KIMBERLY TIMS FOR TAX EXEMPTIONS ON
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Q Nt- IMPROVEMENTS TOTALING $10, 454 . 00 FOR PROPERTY
LOCATED AT 524 MCSHANE AVENUE IN THE
CONSOLIDATED URBAN REVITALIZATION AREA PLAN,
n r; IN THE CITY OF WATERLOO, BLACK HAWK COUNTY,
cv IOWA.
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C r' ZVHEREAS, Lloyd and Kimberly Tims have submitted an
apglcation dated February 21, 2005, to the City Council of the
',Ci y_-of Waterloo, Iowa, requesting to receive tax exemptions on
ixmpro-vements totaling $10, 454 . 00 for property located at 524
`, MMSia e Avenue, more fully described as follows:
� 0 Cloverdale acres North 60 feet South 240 feet West
c d H QLot 8, all in the City of Waterloo, Black Hawk County,
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= WHEREAS, said property is located within the designated
t-Itdri-S6Iidated Urban Revitalization Area in Waterloo, Iowa, as
t:p ektously established by the City Council of the City of
Waterloo, Iowa,
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x 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 1000
For the second year 1000
For the third year 1000
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 21st day of February, 2005 .
Tim Hurley MY
Mayor
ATTEST:
Nancy Ecke , CMC
City Clerk