HomeMy WebLinkAbout2023-784-12.18.2023Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2023-784
RESOLUTION APPROVING THE REQUEST BY ISAEL
GARCIA, FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF A NEW TWIN HOME UNIT VALUED AT $379,900.00,
FOR PROPERTY LOCATED AT 1836 RED TAIL DRIVE AND
LOCATED IN THE CITY LIMITS URBAN REVITALIZATION
AREA (CLURA).
WHEREAS, Isael Garcia, submitted an application dated December 5, 2023, to the City
Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on the construction
of a new twin home unit valued at $379,900.00, for property located at 1836 Red Tail Drive, and
located in the City Limits Urban Revitalization Area (CLURA), more fully described as follows:
UNIT 1836 AND THE UNDIVIDED INTEREST IN THE COMMON
ELEMENTS APPURTENANT THERETO IN 1834 AND 1836 RED
TAIL DRIVE CONDOMINIUMS, WATERLOO, BLACK HAWK
COUNTY, IOWA, FILED JULY 13, 2023 AND RECORDED IN DOC.
#2024-475 BEING A PART OF LOT 3 IN AUDUBON HILLS SECOND
ADDITION IN THE CITY OF WATERLOO, IOWA.
Subject to easements, restrictions, covenants, ordinances, and limited access provisions of
records, and
WHEREAS, said property is located within the designated City Limits Urban
Revitalization Area (CLURA) in Waterloo, Iowa, as previously established by the City Council
of the City of Waterloo, Iowa, and
WHEREAS, the new construction project respecting said property is in conformance with
the City Limits Urban Revitalization Area (CLURA) Plan as officially adopted by the City
Council for the City of Waterloo, Iowa, and
WHEREAS, the new construction on said property was made during the time in which
such improvements are eligible for the tax exemption as set forth in the City Limits Urban
Revitalization Area (CLURA) 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 18th day of December 2023.
Resolution 2023-784
Page 2
ATTEST:
Kelley Felchle
Kelley Felchle, City Clerk
SEAL
DIGITALLY
SIGNED
Que�[ N 9-tart DIGITALLY
/GI�UC SIGNED
Quentin Hart, Mayor