HomeMy WebLinkAbout2024-641-11.04.2024Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2024-641
A RESOLUTION APPROVING THE REQUEST BY BRIAN
AND APRIL LEADLEY, FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW GARAGE VALUED AT
$17,000.00, FOR PROPERTY LOCATED AT 1330 WALLGATE
AVENUE AND LOCATED IN THE CONSOLIDATED URBAN
REVITALIZATION AREA (CURA).
WHEREAS, Brian and April Leadley, have submitted a request for tax exemptions under
the provisions of the City's Consolidated Urban Revitalization Area (CURA) program dated
October 15, 2024, for property located at 1330 Wallgate Avenue, and more fully described as
follows:
HAGERMAN PLACE, LOT 15, BLOCK 28, IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
and,
WHEREAS, the proposed improvement consists of the construction of a new garage
valued at $17,000.00, which qualifies for tax exemption under the CURA guidelines 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 CURA 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, the City Council has determined that the improvement noted above is
consistent with the goals and objectives of the CURA, effectively contributing to the urban
revitalization of the area; 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 as
follows:
1. The request by Brian and April Leadley for tax exemptions on the construction of a
new garage valued at $17,000.00 for the property located at 1330 Wallgate Avenue is hereby
approved.
2. The tax exemption shall be applied in accordance with the conditions set forth in the
CURA program guidelines.
3. The City Clerk is hereby authorized and directed to forward said application and a
copy of this resolution to the Black Hawk County Assessor.
4. This resolution shall take effect upon its passage and approval.
Resolution 2024-641
Page 2
PASSED AND ADOPTED this 4th day of November 2024.
Ray Feuss, Mayor Pro Tem
ATTEST:
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Nancy Higby, Depu y City
SEAL