HomeMy WebLinkAbout2003-051-01.21.2003 ) �G
O E-, W b1 •
_ iriis , esolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street,: Wat;erloo, Iowa.
E- RESOLUTION NO. 2003-51
() C) F i
tr E E+b; C7 h 'RESOLUTION APPROVING APPLICATION WITH SCOTT
<� C=7 tt,
Fr. JORDAN' FOR TAX EXEMPTIONS ON IMPROVEMENTS
'-' ri E- < rr^ TOTALING $610, 000 . 00 FOR PROPERTY LOCATED AT
L E c' 619 JOHNSON STREET IN THE CONSOLIDATED URBAN
(r "' E REVITALIZATION AREA PLAN, IN THE CITY OF
0 a) y WATERLOO, BLACK HAWK COUNTY, IOWA.
- >_, '
' WH'EREAS, Scott Jordan has submitted an application dated
o HJanUery 21, 2003, to the City Council of the City of Waterloo,
t - Iowa requesting to receive tax exemptions on improvements
-+ totaling $610, 000 . 00 for property located at 619 Johnson Street,
. more fully described as follows:
HosRital Square Southwest 110 feet of even width, 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, 2003.
PASSED AND ADOPTED this 21st day of January, 2003.
Harold Getty, May Pro Tem
ATTEST:
Nancy Ecke t, City Clerk