HomeMy WebLinkAbout2025-313-06.02.2025.docDocusign Envelope ID: F820E014-BAB8-4D39-8EF1-5AFD754AD52C
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-313
RESOLUTION APPROVING THE REQUEST BY AGNES
LAZUM, FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF A NEW SINGLE-FAMILY HOME VALUED AT
$319,000.00, FOR PROPERTY LOCATED AT 121
AXLEWOOD DRIVE AND LOCATED IN THE
CONSOLIDATED URBAN REVITALIZATION AREA (CURA).
WHEREAS, Agnes Lazum, property owner, has submitted a request for tax exemptions
under the Consolidated Urban Revitalization Area (CURA) program for a newly constructed
single-family home valued at $319,000.00; and
WHEREAS, the property is located at 121 Axlewood Drive, within the designated
Consolidated Urban Revitalization Area, as established by City of Waterloo ordinances to
encourage development and improvement of specified areas; and
WHEREAS, the new construction of this single-family home meets the eligibility criteria
as outlined in the CURA plan, which aims to foster residential development and investment in
the urban core; and
WHEREAS, granting this tax exemption is anticipated to enhance the local housing
stock, stimulate economic growth, and promote community revitalization; and
WHEREAS, the request has been reviewed by city staff and complies with all necessary
requirements for participation in the CURA program;
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA,
1. The City Council hereby approves the request for tax exemptions for the construction
of the new single-family home located at 121 Axlewood Drive, valued at $319,000.00, as per the
guidelines of the Consolidated Urban Revitalization Area plan.
2. The property owner, Agnes Lazum, shall be eligible for specified tax exemptions
subject to compliance with the terms and duration set forth in the CURA.
PASSED AND ADOPTED this 2nd day of June 2025.
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