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HomeMy WebLinkAbout2023-717-11.20.2023Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-717 RESOLUTION APPROVING THE REQUEST BY MONESHA JORDAN, FOR TAX EXEMPTIONS ON THE CONSTRUCTION OF A NEW ADDITION TO A SINGLE- FAMILY HOME VALUED AT $22,000.00, FOR PROPERTY LOCATED AT 229 HALSTEAD STREET AND LOCATED IN THE CONSOLIDATED URBAN REVITALIZATION AREA (CURA). WHEREAS, Monesha Jordan, has submitted an application dated November 6, 2023, to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on the construction of a new addition to a single-family home valued at $22,000.00, for property located at 229 Halstead Street, and located in the Consolidated Urban Revitalization Area (CURA), more fully described as follows: SHILLIAMS THIRD SUBDIVISION LOT 12 BLOCK 7, 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 20th day of November 2023. Quentin Hart, Mayor Resolution No. 2023-717 Page 2 ATTEST: Kelley Felchle Kelley Felchle, City Clerk SEAL • 1uI1.I111111l1l1111 T - V