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HomeMy WebLinkAbout1999-814-12.20.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 1999-814 RESOLUTION APPROVING APPLICATION WITH JOE ROBINSON FOR TAX EXEMPTIONS ON IMPROVEMENTS TOTALING $60, 000 . 00 FOR PROPERTY LOCATED AT 600 SOUTHVIEW DRIVE IN THE CONSOLIDATED URBAN REVITALIZATION AREA PLAN, IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, Joe Robinson has submitted an application dated December 20, 1999 to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemption on improvements totaling $60, 000 . 00 for property located at 600 Southview Drive, more fully described as follows : City View Heights West 75 feet North 133 feet Block 18, 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 800 For the second year 700 For the third year 600 For the fourth year 500 For the fifth year 400 For the sixth year 400 For the seventh year 300 For the eighth year 300 For the ninth year 200 For the tenth year 200 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 . Resolution No. 1999-814 Page 2 PASSED AND ADOPTED this 20th day of December, 1999. ault.-- Jerr n ers, Mayor Pro Tem ATTEST: L_7/4440.t 4..e,e,e=- Nancy Eckyt, City Clerk