HomeMy WebLinkAbout2005-787-08.22.2005 t; :7..D
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Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
--. -t-reet, Waterloo, Iowa.
-D RESOLUTION NO. 2005-787
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RESOLUTION APPROVING APPLICATION WITH KAREN &
s -n DENNIS O' CONNOR FOR TAX EXEMPTIONS ON
n 7 C s
IMPROVEMENTS TOTALING $13, 000 . 00 FOR PROPERTY
C 7. c LOCATED AT 555 HELMET AVENUE IN THE
CONSOLIDATED URBAN REVITALIZATION AREA PLAN,
s m R; IN THE CITY OF WATERLOO, BLACK HAWK COUNTY,
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c - ' WHEREAS, Karen & Dennis O' Connor have submitted an
R, pplication dated August 22, 2005 to the City Council of the City
_ ti =-of Waterloo, Iowa, requesting to receive tax exemptions on
; „improvements totaling $13, 000 . 00 for property located at 555
'Helmet Avenue, more fully described as follows:
Cloverdale Acres South 60 feet North 120 feet East7,1
w Lot 8, all in the City of Waterloo, Black Hawk County,
Iowa;
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s c `^ WHEREAS, said property is located within the designated
. :'Consolidated Urban Revitalization Area in Waterloo, Iowa, as
c previously established by the City Council of the City of
Waterloo, Iowa,
s
s -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 22nd day of August, 2005 .
Ron Welper, Mayor P'fo Tem
ATTEST:
N Ecker , CMC
City Clerk