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1982-054-02.01.1982
RESOLUTION NO. 1982-54 RESOLUTION APPROVING THE APPLICATION OF CRYSTAL ICE AND COLD STORAGE FOR PROPERTY TAX EXEMPTION FOR IMPROVEMENTS PERFORMED ON INDUSTRIAL PROPERTY LOCATED AT 105 E . 10TH STREET WITHIN THE CITY OF WATERLOO , IOWA. WHEREAS , Crystal Ice and Cold Storage has submitted application dated February 1 , 1982, to the City Council of the City of Waterloo , Iowa , requesting to receive exemption from taxation on the actual value added by improvements to industrial property located at 105 E . 10th Street ; and more fully described as follows and as determined to be commercial property by the City Assessor : LOTS 5- 10 , BLK 20 , ORIG PLAT WLOO EAST , WLOO , BLACK HAWK CO , IA. WHEREAS , said property is located within the Corporate Limits of the City of Waterloo, Iowa ; and , WHEREAS , the improvement project respecting said property are in conformance with the Industrial Property Tax Abatement Ordinance as officially adopted by the City Council of 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 Industrial Tax Abatement Ordinance as adopted by the City Council of the City of Waterloo , Iowa , and as set forth in the Code of Ordinances , City of Waterloo , Iowa , 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 100% exemption for three (3) years . rn r-, " �` : NOW , THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF THE F- CITY, OF WATERLOO , IOWA, that said application is hereby approved fdthe_ City Clerk is hereby authorized and directed to forward `� said- application and a copy of this resolution to the Assessor by Fe-bruarx *lri. 1982. t0 :"" r J Q � ;- Passed and adopted this 1st day of February , 1982. vi 1-- -1rn1_ < ':._ a_ az z rn -1 rr a ill .-1 t— s of c: r> >- F--- :r h- -1 IV rn N Cg C I— © rn o 4 < cr m W r x m r- ,-; CD H i >.. Leo P. Rooff, Mayo ATTEST : ''-7/7--:2 ' La ry P Burger, ity Clerk