HomeMy WebLinkAbout2010-645-7 /26/2010RESOLUTION NO. 2010-645
RESOLUTION APPROVING APPLICATION WITH FLOSSIE
ANDERSON FOR TAX EXEMPTIONS ON IMPROVEMENTS
TOTALING $39,058.00 FOR PROPERTY LOCATED AT
814 ASH STREET IN THE CONSOLIDATED URBAN
REVITALIZATION AREA PLAN, IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Flossie Anderson has submitted an application dated
July 21, 2010 to the City Council of the City of Waterloo, Iowa,
requesting to receive tax exemptions on improvements totaling
$39,058.00 for property located at 814 Ash Street, more fully
described as follows:
Rose Hill Addition Lot 9 Block 6 Lot 10 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 10 -year
partial exemption schedule:
For
the
first
year
800
For
the
second
year
700
For
the
third
year
60%
For
the
fourth
year
50%
For
the
fifth
year
40%
For
the
sixth
year
40%
For
the
seventh
year
30%
For
the
eighth
year
30%
For
the
ninth
year
20%
For
the
tenth
year
20%
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
February 1, 2011.
Resolution No. 2010-645
Page 2
PASSED AND ADOPTED this 26th day of J ly, 2010.
Ernes . Clark, Ma
ATTEST:
Suzy Sch es, CMC
City Cle k