HomeMy WebLinkAbout2012-1170-12/17/2012Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703.
RESOLUTION NO. 2012-1170
RESOLUTION APPROVING APPLICATION WITH MICHAEL
BAULER FOR TAX EXEMPTIONS FOR AN ADDITION
TOTALING $30,000.00 FOR PROPERTY LOCATED AT
2573 LOGAN AVENUE IN THE CONSOLIDATED URBAN
REVITALIZATION AREA PLAN, IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Michael Bauler has submitted an application dated
December 1, 2012 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions for an addition
totaling $30,000.00 for property located at 2573 Logan Avenue,
more fully described as follows:
The North 10 acres of the South 20 acres of unplatted
Waterloo East located in the Southeast Quarter of the
Northeast Quarter of Section 11 Township 89 North Range
13 West of the Fifth P.M. except the highway, 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 10 -year
partial exemption schedule:
For
the
first year
800
For
the
second year
700
For
the
third year
600
For
the
fourth year
500
For
the
fifth year
400
For
the
sixth year
400
For
the
seventh year
300
For
the
eighth year
300
For
the
ninth year
200
For
the
tenth year
200
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.
Resolution No. 2012-1170
Page 2
PASSED AND ADOPTED this 17thd of December, 2012.
a
Ernest G. Clark, Mayor
ATTEST:
Suzy In
res, KC
City Irk