HomeMy WebLinkAbout2013-884-11/04/2013Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-884
RESOLUTION APPROVING APPLICATION WITH BRIAN
ROOFF AND MOLLY PLUNKETT FOR TAX EXEMPTIONS
ON THE CONSTRUCTION OF A NEW SINGLE FAMILY
HOME VALUED AT $250,000.00 FOR PROPERTY
LOCATED AT 2135 ASHLAND AVENUE IN THE
CONSOLIDATED URBAN REVITALIZATION AREA
(LURA), IN THE CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA.
WHEREAS, Brian Rooff and Molly Plunkett have submitted an
application dated October 24, 2013 to the City Council of the
City of Waterloo, Iowa, requesting to receive tax exemptions for
the construction of a new single family home valued at
$250,000.00 for property located at 2135 Ashland Avenue, more
fully described as follows:
Lot No. 6 in Block No. 4 in "Replat of West One Half of
Cushman Heights" in Black Hawk County, Iowa.
Subject to restrictive covenants, ordinances, and
limited access provisions of record if any, and to
existing easements, if any;
and,
WHEREAS, said property is located within the designated
Consolidated Urban Revitalization Area (LURA) 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 Consolidated Urban
Revitalization Area (LURA) 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 improvements are eligible for the
tax exemption as set forth in the Consolidated Urban
Revitalization Area (CURA) 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. 2013-884
Page 2
PASSED AND ADOPTED this 4th d of November, 2013.
a �/' � Va 4
Ernest G. Clark, Mayor
ATTEST:
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City Clerk