HomeMy WebLinkAbout2002-413-07.08.2002 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2002-413
RESOLUTION APPROVING APPLICATION WITH DAVID
LOVE FOR TAX EXEMPTIONS ON IMPROVEMENTS
TOTALING $21, 700. 00 FOR PROPERTY LOCATED AT
508 EDWARDS STREET IN THE CONSOLIDATED URBAN
REVITALIZATION AREA PLAN, IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, David Love has submitted an application dated July
8, 2002 to the City Council of the City of Waterloo, Iowa,
requesting to receive tax exemption on improvements totaling
$21, 700. 00 for property located at 508 Edwards Street, more fully
described as follows:
Ricker and Bratnober Land Company Addition Lot 14,
Block 8, all in the City of Waterloo, Black Hawk
County, Iowa;
and,
WHEREAS, said property is located within the designated
Consolidated Urban Revitalization Area in Waterloo, Iowa, as
previously established by the City Council of the City of
Waterloo, Iowa,
and,
WHEREAS, the improvement project respecting said property is
in conformance with the Consolidated Urban Revitalization Plan as
officially adopted by the City Council for the City of Waterloo,
Iowa, and
WHEREAS, the improvements on said property were made during
the time in which such improvements are eligible for the tax
exemption as set forth in the Consolidated Urban Revitalization
Plan as adopted by the City Council of the City of Waterloo,
Iowa, and as set forth in the Urban Revitalization Act as adopted
by the Legislature of the State of Iowa and signed by the
Governor of the State of Iowa, and
WHEREAS, said applicant is requesting the following
exemption schedule:
For the first year 1000
For the second year 100%
For the third year 100%
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF COUNCIL OF THE
CITY OF WATERLOO, IOWA, that said application is hereby approved
and the City Clerk is hereby authorized and directed to forward
said application and a copy of this resolution to the Assessor by
February 1, 2003 .
•
trf-TUsO,Eutin. No. 2002-413
0.-Tag,e
'11
E-4
N
• o
tx,
.w• ,77 o
< 0, ' PA$S,ED AND ADOPTED this 8th day of July, 2002 .
co 01 •
tx1 L--
X CD
p Cri tl L"
EH L71 E-4 ()
E-4 CD 0
(D John R o f, Mayor
c) s
s <,
0 170 :"71 C)
tti tr: 0
, r
• , ▪ ,
. _
.::Nancy: Ecke , City Clerk
▪ CD 44:-
(7 E---4 F.4
«Ir", 1/43", Cr, •
t71 tx
"14 17) E >-1