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HomeMy WebLinkAbout2005-1004-11.07.2005 v s AD 00 - C This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2005-1004 RESOLUTION APPROVING APPLICATION WITH THELMA KUYR KENDALL AND ARLENE STOCKS FOR TAX < ' > n: EXEMPTIONS ON IMPROVEMENTS TOTALING j = - $29, 786. 00 FOR PROPERTY LOCATED AT 536 ADRIAN 71 :3 < s STREET IN THE CONSOLIDATED URBAN H Q L ¢ REVITALIZATION AREA PLAN, IN THE CITY OF c 77 Q WATERLOO, BLACK HAWK COUNTY, IOWA. n \ <- WHEREAS, Thelma Kuyr Kendall and Arlene Stocks have submitted application dated November 7, 2005 to the City Council of the Ci ' f Waterloo, Iowa, requesting to receive tax exemptions on C roements totaling $29, 786. 00 for property located at 536 A,ci-i<an Street, more fully described as follows: 77. o - Blowers Addition Lot 6 Block 3, all in the City of 4 aterloo, Black Hawk County, Iowa; -7: WHEREAS, said property is located within the designated d ol"idated Urban Revitalization Area in Waterloo, Iowa, as Nibusly established by the City Council of the City of Wa eroo, Iowa, end' , - 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 or ATTEST: 5DLQ-Lt- Nancy Eck:_ r ., CP"C City Cler%