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HomeMy WebLinkAbout26901 RESOLUTION NO. 26901 RESOLUTION AUTHORIZING THE CITY OF WATERLOO TO PROCEED WITH DEVELOPING THE NECESSARY SUPPORT DATA TO ESTABLISH AN URBAN REVITALIZATION DISTRICT IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, the Urban Revitalization Act adopted by the Iowa Legislature allows the designation of Urban Revitalization Districts by municipalities, and WHEREAS , improvements to qualified real estate within the designated area are eligible for a property tax exemption, and WHEREAS, the area being proposed as a revitalization district meets the criteria as set forth in the Urban Revitalization Act, and WHEREAS, the designation of the area will promote the public health, safety, and welfare of the community, NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, that authorization be given for the necessary support data to be researched for the following geographical area : All of the property contained within the area bounded by the Illinois Central Railroad, Linden Avenue, Oneida Street, Beech Street, Newell Street and E. llth Street. for its future designation as an urban revitalization district. Passed and adopted this 24th day of March, 1980. Leo P. Rooff, Mayor t +, ATTEST: La y B r, City Cle