HomeMy WebLinkAbout2006-996-11/13/2006 � y
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Tb Ehs Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
t�Pt, Waterloo, Iowa.
RESOLUTION NO. 2006-996
S
v RESOLUTION SUPPORTING THE RIDGE AT WATERLOO
IN THE CITY OF WATERLOO, IOWA.
T
WHEREAS, the City of Waterloo, Iowa has been informed by The
s R=idge at Waterloo that a Low-Income Housing Tax Credit
S Application will be filed with the Iowa Finance Authority for the
development of multi family apartment complex (60 garden style
uaiits) to be located north of the Super Target development,
between Camelot Drive and Bethel Street, Waterloo, Iowa, with the
T lagal description as follows :
E 10 A S 20 A N 40 A NW FRL & E 1175 FT S 5 A N 45 A NW FRL
EXC THAT PART OF THE ABOVE DESC PARCELS LYING W OF THE
_ CENTER LINE BETHEL ST IF EXTENDED & EXC ST SEC 2 T 88 R 13
s IN WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, this housing project will contain up to a total of
72, unit3, and
WHEREAS, the units will be targeted for affordable family
hcaasing, and
Y
WHEREAS, the project will be new construction.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA, 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, 2008 . In the event that any of
the characteristics mentioned above should change prior to
issuance of a building permit, this resolution is null and void.
PASSED AND ADOPTED by the City Council of the City of
Waterloo, Iowa and approved by the Mayor, this 13th day of
November, 2006.
Timothy J. ley, May
ATTEST:
Nanc Eck t, CMC
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