HomeMy WebLinkAbout2000-442-08.07.2000 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2000-442
RESOLUTION SUPPORTING AND APPROVING THE
DEVELOPMENT OF THE EMERSON AND WHITTIER
SCHOOLS FOR AFFORDABLE RENTAL HOUSING.
WHEREAS, the City of Waterloo, Iowa has been informed by
Central States Development, LLC that a low income housing tax
credit application will be filed with the Iowa Finance Authority
for the development of affordable rental housing to be located at
Waterloo, Iowa with a legal description as follows :
A. Emerson School-314 Randolph Street, Waterloo, Iowa,
Black Hawk County, Lots 8 through 14, Block 7, Leavitt' s
Addition to Waterloo, Iowa.
B. Whittier School-416 Sullivan Street, Waterloo, Iowa,
Black Hawk County, Lots 1 through 10, "Shaulis Addition"
in Waterloo, Iowa, and
WHEREAS, this housing project will contain Thirty-eight (38)
units, and
WHEREAS, the units will be targeted toward families, and
WHEREAS, the property will have the following amenities :
A. Appliances including refrigerator, stove, oven and
microwave.
B. Heat and air conditioning.
C. Carpet where needed.
D. Window coverings .
E. Two bathrooms for the two and three bedroom units.
and
WHEREAS, the Sponsor has requested local assistance through
Historic Tax Abatement.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF WATERLOO
GOVERNING BODY, that we support and approve the development of the
aforesaid housing in our community, subject to city ordinances and
the building permit process . This resolution is effective until
December 31, 2001 . In the event that any of the characteristics
mentioned above should change prior to the issuance of a building
permit, this resolution is null and void.
ADOPTED BY THE GOVERNING BODY AND APPROVED BY THE MAYOR PRO
TEM, this 7th day of August, 2000.
`
Harold Getty, Mayor Pr em
ATTEST:
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Nancy Ecke , ty Clerk