HomeMy WebLinkAbout2013-887-11/04/2013Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-887
RESOLUTION APPROVING APPLICATION WITH SAMIRA
AND MIRZET PORCIC FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW SINGLE FAMILY HOME
VALUED AT $180,000.00 FOR PROPERTY LOCATED AT
5836 SUMMERLAND DRIVE IN THE CITY LIMITS
URBAN REVITALIZATION AREA (CLURA), IN THE
CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Samira and Mirzet Porcic have submitted an
application dated September 4, 2013 to the City Council of the
City of Waterloo, Iowa, requesting to receive tax exemptions on
the construction of a new single family home valued at
$180,000.00 for property located at 5836 Summerland Drive, more
fully described as follows:
Lot 56, Summerland Farms First Addition, Waterloo,
Black Hawk County, Iowa, also known as Summerland Park
First Addition, 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
100%
100%
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.
Resolution No. 2013-887
Page 2
PASSED AND ADOPTED this 4th day of November, 2013.
V`
Ernest G. Clark, Mayor
ATTEST:
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Suzy Sch res, CMC
City Clerk