HomeMy WebLinkAbout2005-354-04.25.2005 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2005-354
RESOLUTION APPROVING APPLICATION WITH CLARK
ENTERPRISES FOR TAX EXEMPTIONS ON
IMPROVEMENTS TOTALING $5, 432 . 00 FOR PROPERTY
LOCATED AT 314-320 JOHNSON STREET IN THE
CONSOLIDATED URBAN REVITALIZATION AREA PLAN,
IN THE CITY OF WATERLOO, BLACK HAWK COUNTY,
IOWA.
WHEREAS, Clark Enterprises has submitted an application
dated April 25, 2005, to the City Council of the City of
Waterloo, Iowa, requesting to receive tax exemptions on
improvements totaling $5, 432 . 00 for property located at 314-320
Johnson Street, more fully described as follows :
Leavitt Johnson and Miller Addition West 76. 5 feet Lot
11 Block 8 except South 31 feet East 39 feet West 76. 5
feet Lot 12 Block 8, all in the City of Waterloo, Black
Hawk County, Iowa;
and,
WHEREAS, said property is located within the designated
Consolidated 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.
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- .:Re-slution No. 2005-354
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c H. PASSED AND ADOPTED this 25h day of April, 2005 .
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ancy Ecke7 CMC
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