HomeMy WebLinkAbout2013-280-4 /15/2013Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-280
RESOLUTION APPROVING
BRITTANY DAVIS FOR
IMPROVEMENTS TOTALING
PROPERTY LOCATED AT 909
THE CONSOLIDATED URBAN
PLAN, IN THE CITY OF
COUNTY, IOWA.
APPLICATION WITH
TAX EXEMPTIONS ON
$133,000.00 FOR
WEST PARKER STREET IN
REVITALIZATION AREA
WATERLOO, BLACK HAWK
WHEREAS, Brittany Davis has submitted an application dated
September 11, 2012 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions on improvements
totaling $133,000.00 for property located at 909 West Parker
Street, more fully described as follows:
Tract 8 of Plat of Survey Doc. #2012-23384 being a part
of Lots 8 and 9 in Block 14, and the vacated alley
adjacent thereto, in Second Addition to Grand View
Place, Waterloo, 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
70%
For
the
third year
60%
For
the
fourth year
50%
For
the
fifth year
40%
For
the
sixth year
40%
For
the
seventh year
300
For
the
eighth year
30%
For
the
ninth year
20%
For
the
tenth year
20%
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. 2013-280
Page 2
PASSED AND ADOPTED this 15th day of April, 2013.
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Ernest G. Clark, Mayor
ATTEST:
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Suzy Sc ares, CMC
City ClEIrk