HomeMy WebLinkAbout2000-113-03.06.2000 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2000-113
RESOLUTION APPROVING APPLICATION WITH FLIRT' S
GENTLEMEN CLUB FOR TAX EXEMPTIONS ON
IMPROVEMENTS TOTALING $24, 500. 00 FOR PROPERTY
LOCATED AT 319 JEFFERSON STREET IN THE
CONSOLIDATED URBAN REVITALIZATION AREA PLAN,
IN THE CITY OF WATERLOO, BLACK HAWK COUNTY,
IOWA.
WHEREAS, Flirt' s Gentlemen Club has submitted an application
dated March 6, 2000 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemption on improvements totaling
$24, 500.000 for property located at 319 Jefferson Street, more
fully described as follows:
Original Plat Waterloo West all Lot 9 Block 5 except
Southeast 10 feet Northeast 70 feet Southwest 70 feet
Lot 10 Block 5, 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, 2001 .
PASSED AND ADOPTED this 6th da March, 2000 .
Joh . Roo f, May
ATTEST:
Nancy Ec rt, City Clerk