HomeMy WebLinkAbout1999-626-09.13.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 1999-626
RESOLUTION APPROVING APPLICATION WITH
MUHAMMAD ANWAR FOR TAX EXEMPTIONS ON
IMPROVEMENTS TOTALING $80, 000 . 00 FOR PROPERTY
LOCATED AT 1975 FRANKLIN STREET IN THE
CONSOLIDATED URBAN REVITALIZATION AREA PLAN,
IN THE CITY OF WATERLOO, BLACK HAWK COUNTY,
IOWA.
WHEREAS, Muhammad Anwar has submitted an application dated
September 13, 1999 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemption on improvements totaling
$80, 000 . 00 for property located at 1975 Franklin Street, more
fully described as follows :
Lot Nos . 13, 14, 15, and 16, Block No. 3 , in "Cowin' s
Second Addition to Waterloo, Iowa" except that part
conveyed to the State of Iowa in 381 T.L.D. 527 and in
382 T.L.D. 337, 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, 2000 .
PASSED AND ADOPTED this 13th ;�, •11 September, 1999 .
�i �_.L:.�i/i
Jo R. Rooff, Mays/A,
ATTEST: `�
C.4-2c
Nancy Eck4t, City Clerk