HomeMy WebLinkAbout2023-186-04.03.2023Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2023-186
RESOLUTION APPROVING THE REQUEST BY THE
ACCOUNTING GROUP, FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF NEW SIDING AND A SECURITY
FENCE VALUED AT $35,238.79, FOR PROPERTY LOCATED
AT 2625 FALLS AVENUE AND LOCATED IN THE
CONSOLIDATED URBAN REVITALIZATION AREA (CURA).
WHEREAS, The Accounting Group, has submitted an application dated January 19,
2023, to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on
the construction of new siding and a security fence valued at $35,238.79, for property located at
2625 Falls Avenue, and located in the Consolidated Urban Revitalization Area (CURA), more
fully described as follows:
LOTS NOS. 5 AND 6 IN BLOCK NO. 3 IN "DOWNING PLACE", IN THE
CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA.
Subject to easements, restrictions, covenants, ordinances and limited access provisions of
records, and
WHEREAS, said property is located within the designated Consolidated Urban
Revitalization Area (CURA) in Waterloo, Iowa, as previously established by the City Council of
the City of Waterloo, Iowa, and
WHEREAS, the construction improvements are in conformance with the Consolidated
Urban Revitalization Area (CURA) 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 Area (CURA) 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 three-year exemption schedule:
For the first year 100%
For the second year 100%
For the third year 100%
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.
PASSED AND ADOPTED this 3rd day of April 2023.
Quentin Hart, Mayor
ATTEST:
Resolution No. 2023-186
Page 2
Kelley Felchle, City Clerk
SEAL
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