HomeMy WebLinkAbout2001-382-07.23.2001 DD: C'? EH t---! G
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m Th .s ,Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
.E; Stret claterloo, Iowa.
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r- O ` + 11� ez RESOLUTION NO. 2 0 01-3 8 2
11-I X L=? r RESOLUTION APPROVING APPLICATION WITH WILLIAM
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• x �., E , � C. MORSE FOR TAX EXEMPTIONS ON IMPROVEMENTS
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TOTALING $96, 031 . 54 FOR PROPERTY LOCATED AT
o EPcy � 4.� 1020 FAIRCHILD STREET IN THE CONSOLIDATED
to URBAN REVITALIZATION AREA PLAN, IN THE CITY OF
• r\� �,° �j WATERLOO, BLACK HAWK COUNTY, IOWA.
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- WI3EREAS, William C. Morse has submitted an application dated
s Juiy:: 23, 2001 to the City Council of the City of Waterloo, Iowa,
-equesting to receive tax exemption on improvements totaling
E-lg96,931,54 for property located at 1020 Fairchild Street, more
x fully described as follows:
• Eri? tIC1overda1e Acres East 85 feet West 140 feet South 140
''feet Lot 2, all in the City of Waterloo, Black Hawk
C-Ounty, 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, 2002 .
PASSED AND ADOPTED this 23rd day ,of July, 2001 .
John . '"Doff, Mayor d
ATTEST:
Nancy Ec t, City Clerk