HomeMy WebLinkAbout2002-072-02.11.2002 Cw •Jt-; tr1E kZ X
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m TliEe-solution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Str,eet,_; Waterloo, Iowa.
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tx1 RESOLUTION NO. 2002-72
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C y4:Lr RESOLUTION APPROVING APPLICATION WITH JEFFREY
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>' D. NORTHEY FOR TAX EXEMPTIONS ON IMPROVEMENTS
H -, c TOTALING $10, 758 . 00 FOR PROPERTY LOCATED AT
311 CLOUGH STREET IN THE CONSOLIDATED URBAN
REVITALIZATION AREA PLAN, IN THE CITY OF
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;=4 E-- WATERLOO, BLACK HAWK COUNTY, IOWA.
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`A - ' .WHEREAS, Jeffrey D. Northey has submitted an application
dated- •February 11, 2002 to the City Council of the City of
1qaterloo, ' Iowa, requesting to receive tax exemption on
improvements totaling $10, 758 . 00 for property located at 311
Clough Street, more fully described as follows:
Lot No. 11 in Peverill' s Addition, 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 confoLcnance 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 llth day of February, 2002 .
John R. •oo f, Mayor
ATTEST:
Nancy Ecke , City Clerk