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HomeMy WebLinkAbout2005-788-08.22.2005 711 5C J ri Q --i J — '; J s Q rA L Q --. T1111thlResolution prepared by Nancy Eckert, City Clerk, 715 Mulberry ma' s Street, Waterloo, Iowa . J H = � S RESOLUTION NO. 2005-788 v ¢ RESOLUTION APPROVING APPLICATION WITH LENORA 77' 71t" SCOTT FOR TAX EXEMPTIONS ON IMPROVEMENTS C d TOTALING $21, 550 . 00 FOR PROPERTY LOCATED AT v s 318 HALSTEAD STREET IN THE CONSOLIDATED URBAN REVITALIZATION AREA PLAN, IN THE CITY OF • ¢ :� WATERLOO, BLACK HAWK COUNTY, IOWA. _ `= WHEREAS, Lenora Scott has submitted an application dated — August 22, 2005 to the City Council of the City of Waterloo, Iowa, r :requesting to receive tax exemptions on improvements totaling -.$,21, 550 . 00 for property located at 318 Halstead Street, more fully 1 described as follows : s N Howrey & McWilliams Addition Lot 15 Lot 16 Block 9, all Jruti c J <. in the City of Waterloo, Black Hawk County, Iowa; rad WHEREAS, said property is located within the designated Consolidated Urban Revitalization Area in Waterloo, Iowa, as t" p J r'e viously established by the City Council of the City of M terloo, 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 22nd day of August, 2005. Ron Welper, Mayor Pro/Tem ATTEST: Nancy Eckert, CMC City Clerk