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HomeMy WebLinkAbout2013-889-11/04/2013Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2013-889 RESOLUTION APPROVING APPLICATION WITH JOHN PATIN FOR TAX EXEMPTIONS ON THE CONSTRUCTION OF A NEW SINGLE FAMILY HOME VALUED AT $162,500.00 FOR PROPERTY LOCATED AT 1306 PINTAIL DRIVE IN THE CITY LIMITS URBAN REVITALIZATION AREA (CLURA), IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, John Patin has submitted an application dated August 28, 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 $162,500.00 for property located at 1306 Pintail Drive, more fully described as follows: Unit 1306 in "Villas of Pintail, a Condominium" according to the Declaration recorded October 3, 2007, as Doc. No. 2008-07479, in the Office of the Recorder of Black Hawk County, Iowa, and as subsequently amended, together with said Unit's undivided interest in the common elements appurtenant thereto, as provided in the Declaration. Villas of Pintail is laid out on Lots 1 through 6 in Crossroads Estates Replat No. 3, in the City of Waterloo, Black Hawk County, Iowa. Subject to easements, restrictions, covenants, ordinances and limited access provisions of record; 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 1000 For the second year 1000 For the third year 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. 2013-889 Page 2 PASSED AND ADOPTED this 4th day of November, 2013. yz�� Ic Ernest G. Clark, Mayor ATTEST: uzy SchFk s, CMC City Cle