HomeMy WebLinkAbout2010-128-2 /22/2010tr
RESOLUTION NO. 2010-128
RESOLUTION APPROVING APPLICATION WITH TONI
DEAN FOR TAX EXEMPTIONS ON IMPROVEMENTS
TOTALING $102,473.00 FOR PROPERTY LOCATED AT
309 MONROE STREET IN THE CONSOLIDATED URBAN
REVITALIZATION AREA PLAN, IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Toni Dean has submitted an application dated
January 21, 2010 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions on improvements
totaling $102,473.00 for property located at 309 Monroe Street,
more fully described as follows:
Hillside Addition Lot 11 Block 6, 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-o
For
the
ninth year
200-.
For
the
tenth year
200
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
March 1, 2010.
Resolution No. 2010-128
Page 2
PASSED AND ADOPTED this 22nd day of February, 2010.
Ern st G. Clark, Mayor
ATTEST:
Suzy Schres, CMC
City Cle k