HomeMy WebLinkAbout2001-450-08.20.2001 LK' C) HCo �JC)
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t7 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberr
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j H , H RESOLUTION NO. 2001-450
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El RESOLUTION APPROVING APPLICATION WITH CHAD
0 k r4 H eC C) COFFIN FOR TAX EXEMPTIONS ON IMPROVEMENTS
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� "` TOTALING $9, 800. 00 FOR PROPERTY LOCATED AT 816
v; `t `l Z BISHOP AVENUE IN THE CONSOLIDATED URBAN
HI o O cr REVITALIZATION AREA+ � s cc; cO PLAN, IN THE CITY OF
e� WATERLOO, BLACK HAWK COUNTY, IOWA.
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WHERAS, Chad Coffin has submitted an application dated August
4a20, to the City Council of the City of Waterloo, Iowa,
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E - g to receive tax exemption on improvements totaling
$9, 80 1 0 for property located at 816 Bishop Avenue, more fully
describe¢ as follows:
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d H Maywood Third Addition South 70 feet West half Lot 1,
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
1000
For the third year
1000
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 20th day of August, 2001 .
John R. R off, Mayor
ATTEST:
Nancy Ec rt, City Clerk