HomeMy WebLinkAbout2010-389-5 /24/2010RESOLUTION NO. 2010-389
RESOLUTION APPROVING APPLICATION WITH IOWA
HEARTLAND HABITAT FOR HUMANITY FOR TAX
EXEMPTIONS ON IMPROVEMENTS TOTALING
$16,625.00 FOR PROPERTY LOCATED AT 1137
LEAVITT STREET IN THE CONSOLIDATED URBAN
REVITALIZATION AREA PLAN, IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Iowa Heartland Habitat for Humanity has submitted
an application dated May 12, 2010 to the City Council of the City
of Waterloo, Iowa, requesting to receive tax exemptions on
improvements totaling $16,625.00 for property located at 1137
Leavitt Street, more fully described as follows:
Leavitt Johnson and Miller Addition Northwest 40 feet
Lot 8 Block 17, 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
exemption schedule:
For
the
first year
801,
For
the
second year
701,
For
the
third year
600-.
For
the
fourth year
50-0.
For
the
fifth year
400-.
For
the
sixth year
401,
For
the
seventh year
300
For
the
eighth year
301,
For
the
ninth year
201,
For
the
tenth year
201,
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
March 1, 2011.
Resolution No. 2010-389
Page 2
PASSED AND ADOPTED this 24thda of May, 2010.
Arfiest G. Clark, Mayor
ATTEST:
9-u-zy-Isclaares, CMC
City Clerk