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HomeMy WebLinkAbout2021-729-11.15.2021Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2021-729 RESOLUTION APPROVING THE REQUEST OF BOB MOORE, FOR TAX EXEMPTIONS ON THE CONSTRUCTION OF A NEW SINGLE FAMILY HOME VALUED AT $144,000.00, FOR PROPERTY LOCATED AT 401 DEVONSHIRE DRIVE, AND LOCATED IN THE CITY LIMITS URBAN REVITALIZATION AREA (CLURA). WHEREAS, Bob Moore submitted an application dated November 2, 2021, to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on the construction of a new single family home valued at $144,000.00, for property located at 401 Devonshire Drive, and located in the City Limits Urban Revitalization Area (CLURA), more fully described as follows: LOT 22 IN "BYRNBRAE SECOND ADDITION" IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA; EXCEPT PARCEL "E" OF PLAT OF SURVEY FILED JUNE 26, 2019 AS DOC. NO. 2019-19609, BEING A PART OF THE SOUTHEAST QUARTER OF SECTION 33, TOWNSHIP 89 NORTH, RANGE 13 WEST OF THE 5TH P.M. Subject to easements, restrictions, covenants, ordinances and limited access provisions of records, and WHEREAS, said property is located within the designated City Limits Urban Revitalization Area (CLURA) in Waterloo, Iowa, as previously established by the City Council of the City of Waterloo, Iowa, and WHEREAS, the new construction project respecting said property is in conformance with the City Limits Urban Revitalization Area (CLURA) Plan as officially adopted by the City Council for the City of Waterloo, Iowa, and WHEREAS, the new construction on said property was made during the time in which such improvements are eligible for the tax exemption as set forth in the City Limits Urban Revitalization Area (CLURA) 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 three-year 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 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. PASSED AND ADOPTED this 15th day of November 2021. DIGITALLY SIGNED di Quentin Hart, Mayor Resolution No. 2021-729 Page 2 ATTEST: Kelley Felchle, City Clerk SEAL