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HomeMy WebLinkAbout2003-495-07.21.2003 D C7 tzlOOV1tiCV to ro tI) EA ft H S t r i Araqatlution prepared by Nancy Eckert, CityClerk, 715 Mulberry y Sek-Ilek,r,& lterloo, Iowa. t1 0 tr.' < CO M f + ' RESOLUTION NO. 2003-495 4 G- vi ©h rHi › tli C) M H.., -RESOLUTION APPROVING APPLICATION WITH JIM O s t- 0 ( HOFFMAN FOR TAX EXEMPTIONS ON IMPROVEMENTS Catrtss TOTALING $6, 087 . 00 FOR PROPERTY LOCATED AT " ££�{ wH C7 O c, ti 126 SUMMIT AVENUE IN THE CONSOLIDATED URBAN crlOtrstriN REVITALIZATION AREA PLAN, IN THE CITY OF H CO O < WATERLOO, BLACK HAWK COUNTY, IOWA. C) tr' Ot7+ o '� Otz] S '� iEq IF g.AS, Jim Hoffman has submitted an application dated July RW,4 2tar3 to the City Council of the City of Waterloo, Iowa, rti e ti g to receive tax exemptions on improvements totaling ',{ bl } for property located at 126 Summit Avenue, more fully l'Asl d' as follows: ,-, Jens and McQuilkins Subdivision, Lot 5, all in the coCit 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, 2004 . PASSED AND ADOPTED this 21st day of uly, 2003. ==�`. _ r / IIA illi • John ff, Mayor /, ATTEST: Nancy Eck t, City Clerk