HomeMy WebLinkAbout2010-273-4 /19/2010RESOLUTION NO. 2010-273
RESOLUTION APPROVING APPLICATION WITH MARY JO
KLATT FOR TAX EXEMPTIONS ON IMPROVEMENTS
TOTALING $150,000.00 FOR PROPERTY LOCATED AT
506 RIVERSIDE DRIVE IN THE CONSOLIDATED URBAN
REVITALIZATION AREA PLAN, IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Mary Jo Klatt has submitted an application dated
October 31, 2010 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions on improvements
totaling $150,000.00 for property located at 506 Riverside Drive,
more fully described as follows:
Cedar River Park all Lot 6 Block 10 except South 7 feet
and except East 39 feet, 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 1000
For the second year 1000
For the third year 1000
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 by
February 1, 2011.
PASSED AND ADOPTED this 19th day of April, 2010.
Ernest G. Clark, Mayor
ATTEST:
Suzy $ckares, CMC
City Clerk