HomeMy WebLinkAbout2025-065-02.03.2025Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-065
A RESOLUTION APPROVING THE REQUEST BY
SKOGMAN HOMES, FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW SINGLE-FAMILY HOME
VALUED AT $324,999.00, FOR PROPERTY LOCATED AT
3345 LINCOLNSHIRE ROAD AND LOCATED IN THE CITY
LIMITS URBAN REVITALIZATION AREA (CLURA).
WHEREAS, the City of Waterloo has established a City Limits Urban Revitalization
Area (CLURA) with the intent to stimulate residential growth and improve property values
within specified urban zones; and
WHEREAS, Skogman Homes has applied for tax exemptions concerning the
construction of a new single-family home at 3345 Lincolnshire Road, legally described as
(Lincolnshire Addition Lot 20), in accordance with CLURA program guidelines; and
WHEREAS, the proposed construction, valued at $324,999.00, satisfies the eligibility
requirements under the CLURA for tax exemption as a strategic move to promote urban
revitalization; and
WHEREAS, the development is expected to enhance the residential appeal of the area,
contribute to property value appreciation, and support broader community and economic
development; and
WHEREAS, following a review process, the application has been determined to be in full
compliance with applicable regulations and aligns with the objectives of the CLURA initiative;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as
follows:
1. The request by Skogman Homes for tax exemptions on the construction of a new
single-family home valued at $324,999.00 at 3345 Lincolnshire Road is hereby approved.
2. This approval is contingent upon compliance with all applicable codes and regulations
throughout the completion of the renovations.
3. The City Clerk is hereby instructed to certify a copy of this resolution and forward it to
the Black Hawk County Assessor's Office to proceed with the tax exemption process in
accordance with the Iowa Code.
4. This resolution shall become effective immediately upon its approval and adoption by
the City Council.
PASSED AND ADOPTED this 2nd day of February 2025.
Quentin Hart, Mayor
Resolution 2025-065
Page 2
ATTEST:
Kelley Felchle
Kelley Felchle, City Clerk
SEAL
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A.