HomeMy WebLinkAbout2005-1003-11.07.2005 C^ T .25
1) C D
J T- ' vl
I' eolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
re Waterloo, Iowa.
C
- Y RESOLUTION NO. 2005-1003
• JCJ �
s
4 v
s = ¢ RESOLUTION APPROVING APPLICATION WITH GERALD
r ` AND ARLENE STOCKS FOR TAX EXEMPTIONS ON
sNc
IMPROVEMENTS TOTALING $23, 906. 00 FOR PROPERTY
j t LOCATED AT 544 ADRIAN STREET IN THE
= CONSOLIDATED URBAN REVITALIZATION AREA PLAN,
HJ IN THE CITY OF WATERLOO, BLACK HAWK COUNTY,
Q > cs IOWA.
s
= `> WHEREAS, Gerald and Arlene Stocks have submitted an
• a}sp.ication dated November 7, 2005 to the City Council of the City
:_-_0t —IATaterloo, Iowa, requesting to receive tax exemptions on
. rovements totaling $23, 906. 00 for property located at 544
CD
d\dri an Street, more fully described as follows :
o t 3lowers Addition Lot 4 Block 3, all in the City of
w naterloo, Black Hawk County, Iowa;
- c) ti
c WHEREAS, said property is located within the designated
-2 -4t 6nsooidated Urban Revitalization Area in Waterloo, Iowa, as
iusly established by the City Council of the City of
+V, ,ttn .00, Iowa,
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 November, 2005 .
Tim Hurley, Ma r
ATTEST:
Nancy Ecker , CMC
City Clerk