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HomeMy WebLinkAbout2023-785-12.18.2023Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-785 RESOLUTION APPROVING THE REQUEST BY BOSS BABES, LLC, FOR TAX EXEMPTIONS ON IMPROVEMENTS TO A SINGLE-FAMILY HOME VALUED AT $15,000.00, FOR PROPERTY LOCATED AT 911 NEWTON STREET AND LOCATED IN THE CONSOLIDATED URBAN REVITALIZATION AREA (CURA). WHEREAS, Boss Babes, LLC, has submitted an application dated December 5, 2023, to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions for improvements to a single-family home valued at $15,000.00, for property located at 911 Newton Street, and located in the Consolidated Urban Revitalization Area (CURA), more fully described as follows: SECOND ADDITION TO GRAND VIEW PLACE LOT 9 BLOCK 15, 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 18th day of December 2023. Resolution No. 2023-785 Page 2 Quentin Hart, Mayor ATTEST: Kelley FelchCe Kelley Felchle, City Clerk SEAL