HomeMy WebLinkAbout1990-090-02.05.1990 tri 0
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tri b-1 H • RESOLUTION NO. 1990-90
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HrRESOLUTION APPROVING APPLICATION OF VICKERS FOR
R •PROPERTY TAX EXEMPTION FOR IMPROVEMENTS PERFORMED ON
THE PROPERTY AT 908 WASHINGTON STREET WITHIN THE
ot3: 'WASHINGTON URBAN REVITALIZATION AREA, CITY OF WATERLOO,
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WHEREAS, Vickers has submitted an application dated February
8, 1990, to the City Council of the City of Waterloo, Iowa,
requesting to receive an exemption from taxation of the actual
value added by improvements to the property located at 908
Washington Street, more fully described as follows:
Does Add. Wloo NW 30 ft Lot 3 Elk 6 all Lot 4 Blk 6 all Lot
5 Blk 6 & Vacated Alley Adj . same, all in the City of
Waterloo, Black Hawk County, Iowa.
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and,
WHEREAS, said property is located within the designated
Washington 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 Washington Urban Revitalization Plan 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 Washington 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, one hundred percent
For the second year, one hundred percent
For the third year, one hundred percent
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA, that the said application is hereby
approved and the Deputy City Clerk is hereby authorized and
directed to forward said application and a copy of this
resolution to the Assessor by February 15, 1990 .
PASSED AND ADOPTED this 12th day of February, 1990.
B rnard L. inley, Mayo, -
ATTEST:
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Michelle Temeyer, Deputy City Clerk/Auditor