HomeMy WebLinkAbout2001-426-08.13.2001 t ) I-IO' r-; tp0
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,‹This 2shlution prepared by Nancy Eckert, City Clerk, 715 Mulberry
0 E;.;Street Watt,erloo, Iowa.
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�-+ J E-" rr; [; RESOLUTION NO. 2001-426
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RESOLUTION APPROVING APPLICATION WITH JERRY
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0 w b 1AHN FOR TAX EXEMPTIONS ON IMPROVEMENTS
01 Cr �� TOTALING $29, 750. 00 FOR PROPERTY LOCATED AT
hi E" 1123 UPTON AVENUE IN THE CONSOLIDATED URBAN
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o C' o L-- cr REVITALIZATION AREA PLAN, IN THE CITY OF
i cp O ;WATERLOO, BLACK HAWK COUNTY, IOWA.
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co ' o !n1HER'EAS, Jerry Hahn has submitted an application dated August
13,r,H2001 to the City Council of the City of Waterloo, Iowa,
E:requesting,:, to receive tax exemption on improvements totaling
C$29,750. 00 'for property located at 1123 Upton Avenue, more fully
described as follows :
Lot No. 6, Block No. 1 Aladdin 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 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 13th day of August, 2001 .
i
John R4off, Mayo vl ,
ATTEST:
"244
Nancy Eck t, City Clerk