HomeMy WebLinkAbout2000-191-04.10.2000 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2000-191
RESOLUTION APPROVING APPLICATION WITH TODD
EASTMAN FOR TAX EXEMPTIONS ON IMPROVEMENTS
TOTALING $40, 000. 00 FOR PROPERTY LOCATED AT
1491 NEWELL STREET IN THE CONSOLIDATED URBAN
REVITALIZATION AREA PLAN, IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Todd Eastman has submitted an application dated April
10, 2000 to the City Council of the City of Waterloo, Iowa,
requesting to receive tax exemption on improvements totaling
$40, 000. 00 for property located at 1491 Newell Street, more fully
described as follows :
A Part of the West Fractional Half of the Southwest
Quarter of Section No. 18, Township No. 89 North, Range
No. 12 West of the Fifth Principal Meridian, Black Hawk
County, Iowa, described as follows:
Commencing at the Southwest corner of said West
Fractional Half; thence North 33 feet; thence South
88°23' West 10. 00 feet to the point of beginning; thence
North 1°37' West 280. 00 feet; thence South 88°23' West
90. 00 feet; thence South 1°37' East 280 feet; thence
North 88°23' East 90. 00 feet to the point of beginning,
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, 2001 .
Resolution No . 2000-191
Page 2
PASSED AND ADOPTED this 10th day of April, 2000.
J n Rooff, a r
ATTEST:
Nancy Ecke t, City Clerk