HomeMy WebLinkAbout2012-1156-12/10/2012Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703.
RESOLUTION NO. 2012-1156
RESOLUTION APPROVING APPLICATION WITH IOWA
HEARTLAND HABITAT FOR HUMANITY FOR TAX
EXEMPTIONS ON NEW CONSTRUCTION TOTALING
$80,000.00 FOR PROPERTY LOCATED AT 1613 ASPEN
DRIVE IN THE CITY LIMITS URBAN REVITALIZATION
AREA (CLURA), IN THE CITY OF WATERLOO, BLACK
HAWK COUNTY, IOWA.
WHEREAS, Iowa Heartland Habitat for Humanity has submitted
an application dated September 7, 2012 to the City Council of the
City of Waterloo, Iowa, requesting to receive tax exemptions on
new construction totaling $80,000.00 for property located at 1613
Aspen Drive, more fully described as follows:
Central Heights, II Addition Lot Number 146, in the
City of Waterloo, Black Hawk County, Iowa;
and,
WHEREAS, said property is located within the designated City
Limits Urban Revitalization Area (CLURA) in Waterloo, Iowa, as
previously established by the City Council of the City of
Waterloo, Iowa, and,
WHEREAS, the new construction project respecting said
property is in conformance with the City Limits Urban
Revitalization Area (CLURA) Plan as officially adopted by the
City Council for the City of Waterloo, Iowa, and
WHEREAS, the new construction on said property was made
during the time in which such construction is eligible for the
tax exemption as set forth in the City Limits Urban
Revitalization Area (CLURA) 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
For the second year
For the third year
1000
1000
1000
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
ATTEST:
t
f
`-may Scha es, CMC
City Cler
10th day of December, 2012.
rnestG. Clar Mayor